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

🚛 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

In 2023, with the average less-than-truckload (LTL) cutoff at 10 feet, shippers with larger loads frequently faced a dilemma: opt for the unpredictability of LTL services or resort to shipping with partially filled truckloads to comply with their stringent delivery timelines. We set out to fill the gap between LTL and truckload with our Shared Truckload solution, FlockDirect®. Leveraging machine learning, our patented technology finds and fills trucks’ empty spaces and puts freight on the most efficient routes, creating significant value for shippers, carriers, and the environment. Learn more in our recent FreightWaves infographic 👇 https://lnkd.in/gj6S9i24