Contraction is the name of the game in 2024 as freight companies make strategic decisions to ride out this extended market low. Flock Freight has decided to reduce its workforce as it puts profitability at the forefront.
Main Takeaways:
- Flock Freight cuts 54 jobs, refocusing on profitability.
- Automation and efficiency are the new buzzwords.
- Back office roles see the biggest changes.
Efficiency in the Fast Lane:
- Prioritizing automation for better operations.
- Customer and carrier support remains unaffected.
Looking Ahead:
Flock's recalibration suggests a smarter, leaner operation. They're banking on their unique algorithms to get ahead, like their patented Pooling Probability Index (PPI). It's all about pairing efficiency with smart tech to make shared truckloads simpler and cost-effective.
Source: FreightWaves
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