Chief Commercial Officer
CurrentFlock's central thesis is that traditional trucking modes (LTL vs. FTL) are poorly suited, on their own, to power the modern supply chain where velocity, flexibility, and sustainability are paramount. Transportation unit economics are most attractive and transit times are shortest with FTL, but only if you fill the truck. When that’s not the case, you have no choice but to either pay for capacity you don't actually need or hold orders until you can fill a truck which only drives inventory carrying costs and order lead times higher. As an alternative, you can ship LTL through a traditional hub-and-spoke terminal consolidation network, but that takes longer and the risk of cargo damage and loss spikes with all of the stops and handling along the way.And it’s only going to get worse. Demand patterns are getting harder to predict and plan for. Inventory is getting pushed closer to the point of end consumption. And the cost to hold unsold or otherwise idle inventory remains high. As a result, new and replenishment order sizes, and therefore shipments, are likely to trend smaller and more frequent over time.So if there was a reliable way to ship FTL while only paying for the space you need, wouldn’t it be worth considering as an alternative transportation mode? We think so too. That is exactly what Flock is offering, and we call it Flock Direct Shared Truckload (STL). Faster more predictable transit and less damage (vs. LTL), lower cost (vs. FTL), and up to 40% lower carbon emissions just by making smarter use of the capacity that already exists in the marketplace.