Flock Freight’s Post

📈 Flock Freight's Q2 Market Watch is available now 📉 Discover market reviews, forecasts, and actionable insights for the freight industry, plus... • Analysis of the longest deflationary cycle on record.  • Why shippers will feel the squeeze of produce, hurricane, and holiday season more than usual this year.  • When the inflationary market is expected to peak, and how much. View the full report: https://hubs.ly/Q02FTx-20

At SMC3 Connections, don't miss the opportunity to join TODD LAFOND, our VP of Strategic Partnerships, for a critical discussion on pioneering solutions to America's underutilized truckload problem.

🚛 Did you know that in 2023, 43% of truckloads moved less than half full? That's the equivalent of 1 in 4 truckloads moving completely empty, leading to wasted transportation spend and emissions. 🌿 Flock Freight's innovative Shared Truckload service, FlockDirect®, maximizes trailer utilization by pooling shipments in real-time, slashing carbon emissions by up to 40%. 💸 Plus, with the average enterprise shipper facing up to $6.3 million in LTL damage and loss claims annually, it's time to rethink how we ship. Our FlockDirect® solution reduces the risk of damage, delays, and theft, offering a more efficient way to move freight. 🔍 Dive into the full report for a comprehensive look at the challenges and strategies reshaping the freight industry: https://lnkd.in/dCphmcHf

🚚 2023 data shows LTL shipping's hidden costs: a 1.94% damage rate and up to $6.3M in damage claims for enterprise shippers. Accessorial fees, like reweigh, reclass, and overlength fees, added up to $2.3M for these companies. Our FlockDirect® solution cuts damage risk by 7.5x and avoids surprise accessorial fees. Read the full research study to learn more: https://hubs.ly/Q02z1m060

Our patented technology finds and fills the empty spaces in trucks, working to solve America's partially empty truckload problem. The average trailer utilization for truckloads in the U.S. is a mere 45%. When Flock pools shipments together using our technology, we increase trailer utilization dramatically. In this recent article by FreightWaves, we dive into a Flock pool that increases trailer utilization to almost 2x the industry average using our Shared Truckload technology. Read the full article below👇 https://lnkd.in/gXrjjD39

In 2023, shippers reported the average LTL linear foot cutoff was just under 10 feet. How do these size restrictions impact your business? Let us know below.👇

We are proud to partner with Waiākea, who continues to reach emissions, service, and cost savings milestones by shipping Shared Truckload via FlockDirect®. Read our guest blog on their website to learn more about the synergy in our partnership! https://bit.ly/3ywsbka

🔍 In 2023, nearly half of all truckloads (43%) moved partially empty, leaving an average of 29 linear feet of space unused. That's like having 1 in every 4 trucks on the road traveling completely empty. 🚚 This startling inefficiency in the freight industry is more than just a space issue—it's a call to action for new shipping solutions. 📖 Ready to dive deeper? Our full research study unpacks the implications of this waste and explores innovative ways to optimize shipping. 👉 Access the complete research study: https://hubs.ly/Q02w_nYP0