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Improving the logistics of trucking, San Diego’s Flock Freight raises $50 million

The company raised its cash to change the way shippers move small amounts of goods — those less-than-a-truckload-sized amounts that have to move through hub-and-spoke operations which increase the time goods are on the road and the possibility for breakage as they’re unloaded and reloaded onto different delivery vehicles. “We...

The company raised its cash to change the way shippers move small amounts of goods — those less-than-a-truckload-sized amounts that have to move through hub-and-spoke operations which increase the time goods are on the road and the possibility for breakage as they’re unloaded and reloaded onto different delivery vehicles. “We want to disintermediate the infrastructure of hub and spoke,” says Oren Zaslansky, the chief executive and founder of Flock Freight. “We want to carpool. We use our technology to change the way freight moves.”

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