The logistics sector's push for efficiency just got a significant boost, with Flock Freight announcing a $200.0M Series e funding round. The capital injection will further fuel the company's mission to transform underutilized truckload capacity.
Flock Freight operates as the largest Shared Truckload (STL) freight brokerage in the U.S., leveraging AI-powered, patented pooling technology. This system optimizes across its customer network, combining shipments from thousands of businesses into efficient Shared Truckloads, ultimately delivering cost savings for shippers, increased earnings for carriers, and a smaller carbon footprint.
