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Flock Freight
Logistics & Supply Chain
Flock Freight is a San Diego-based logistics technology company that uses algorithms to combine multiple less-than-truckload shipments into shared, full-truckload-style shipments, reducing cost and transit time.
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Flock Freight was founded in 2015 by Oren Zaslansky, based on the observation that traditional less-than-truckload (LTL) freight shipping, the common method used for shipments too small to fill an entire truck on their own, typically requires shipments to pass through multiple different terminals and be transferred between different trucks along the way, a process that is inherently slower, more prone to damage from repeated handling, and often more expensive per unit of freight than shipping a full truckload directly from origin to destination without intermediate stops. Flock Freight's core innovation, which it calls "shared truckload" shipping, uses algorithms and its own network of available truck capacity to identify multiple different shippers' less-than-truckload shipments that are headed in generally compatible directions and combine them into a single truck that then travels more directly between origins and destinations with fewer intermediate terminal stops than traditional LTL routing typically requires, aiming to combine the cost efficiency of shared truck space with faster transit times and reduced handling damage more typical of dedicated full-truckload shipping. This shared truckload approach sits conceptually between traditional LTL, which is cost-effective for small shipments but slower and involves more handling, and dedicated full-truckload shipping, which is fast and involves minimal handling but is only cost-effective when a shipper has enough freight to fill an entire truck on their own. Flock Freight's technology handles the complex logistics of matching compatible shipments together, optimizing routing, and coordinating with its network of trucking carriers to execute these shared truckload shipments reliably. The company's customers span shippers across many industries who regularly ship less-than-truckload quantities of freight and want an alternative to traditional LTL that offers better speed and lower damage rates. Flock Freight has raised substantial venture funding from investors including SoftBank Vision Fund, Northgate Capital, and GLP Capital Partners, reaching unicorn status, competing with traditional LTL carriers and other freight technology platforms in the broader trucking and logistics industry.
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