Page 9 - Flock Freight News Today

Share: On Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023. Shippers are moving to a "stronger for longer" pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%. This hot market...

Staff Appointments and Departures Related to the Freight and Logistics Sectors Who Is Going Where in Shipping and Beyond WORLDWIDE – GERMANY – In preparation for its spin-off from Daimler AG and its independent listing on the Frankfurt stock exchange planned for late 2021, Daimler Truck AG is announcing the composition of its new Board of Management and a series of significant management and organisational changes, set to take place as of July 1. Daimler Truck AG is bringing together all es...

Shipping Innovator Flock Freight Announces New Office and Strategic New Hire to Its Senior Leadership Team, Amid Company Growth New executives and team members join to accelerate customer acquisition and technology advancements News provided by Share this article Share this article SOLANA BEACH, Calif., April 26, 2021 /PRNewswire/ -- Flock Freight, a technology company that is reinventing freight shipping with shared truckload service, today announced the growth of its executive team, forthcom...

Print Flock Freight, one of San Diego’s hottest tech startups, is moving its headquarters from Solana Beach to Encinitas, citing unbearably slow action on a permit request that would allow it to expand. Flock Freight’s algorithms help companies move products more efficiently, combining small shipments into a shared truckload (like a carpool for freight). The company is booming faster than even CEO Oren Zaslansky was expecting, adding 48 staffers during the first quarter, bringing its head...

A healthier planet depends on a greener supply chain Transportation is hard on the environment. Flock Freight is working to clean it up Flock Freight is dedicated to making transportation a more sustainable industry (Photo: Jim Allen/FreightWaves) Logistics is a dirty industry. The U.S. is one of the largest carbon emitters in the world, and the movement of vehicles is the number one source of those emissions. Freight trucks are responsible for about 23% of overall transportation in Ame...

Mar 05, 2021 Fleets are using new online platforms to collaborate, even with competitors, to find new markets for unused trailer space and equipment. Some of the most valuable technology companies that have emerged during the last few years have created "sharing" economies. The term is a misnomer, however, since those who participate in the online community platforms are buying and selling services, not running philanthropies. Online platforms from Uber and Airbnb are examples of online platfo...

Flock Freight Reaches Carbon Neutral with Shared Truckload Mode to Drive Sustainability in Freight Shipping Industry FlockDirect shared truckload shipping now industry-first to reach net neutral through offsetting carbon emissions News provided by Share this article SOLANA BEACH, Calif., Feb. 23, 2021 /PRNewswire/ -- Flock Freight, the only logistics provider that offers a shared truckload shipping solution for businesses, today announced its partnership with Carbonfund.org Foundation to offs...

All emissions produced by FlockDirect truck shipments will be accounted for in full and eliminated through the purchase of carbon offsets with the goal of offsetting 20,000 metric tons in carbon emissions in 2021.

Flock Freight will purchase carbon offsets for "shared-truckload" shipments in 2021. The startup raised $113.5 million from Softbank and others in December.  The offsets will fund electric charging stations at truck stops to reduce engine idling. Flock Freight, a startup using technology to consolidate truck freight, is following up its $113.5 million Series C round in December with a move to make its hallmark "shared" truckload shipments carbon neutral — at no cost to customers.  Founded i...

Solana Beach petition seeks to deny building use change on Cedros Cedros Avenue Design District Jan. 26, 2021 5:56 PM PT Print A Cedros Avenue business owner has been circulating a petition asking the city of Solana Beach to deny an application from Flock Freight that asks to convert the mixed-use building they occupy to a corporate office. The petition underscores the division between those in the community who want to maintain a walkable, retail environment on Cedros and those who wa...