Shared Truckload Gains Popularity as Full Truckload Rates Rise
As full truckload (FTL) shipping costs rise, shippers are increasingly turning to shared truckload services like those offered by Flock Freight. According to CEO Pat Dillon, this model can reduce transportation expenses by up to 40% compared to traditional FTL shipments and offers even greater savings over time for high-volume users. Shared truckload works by combining two separate freight loads onto a single trailer with multiple pickups and drop-offs—ideal for cargo between 10-40 linear feet. This approach improves carrier utilization while maintaining the speed of full-truck service, appealing to both enterprise and small-to-medium businesses (SMBs). Flock Freight pays carriers more per load due to combined revenue from two shipments. Dillon also highlighted efforts in cybersecurity, carrier vetting, seal requirements, and law enforcement partnerships to address concerns around cargo security. The company’s technology optimizes routing using a decade of data, enabling real-time pricing and execution for shared truckload shipments.
Topics: logistics_innovation shared_truckload shipping_costs truckload_rates