According to research by Flock Freight, North American businesses spend an estimated $7 billion on truckload (TL) freight that ships with unused trailer space every year.
That’s equivalent to five out of every 100 truckloads moving empty.
Furthermore, the average utilization of TL trailers is only 66%. That means ⅓ of all North American TL expenditure pays to ship air!
Flock Freight has found a solution to the industry’s empty-truck problem that unlocks a financial arbitrage. We call it “Instant Prebate”.
In this guide, we’ll propose Flock Freight’s Instant Prebate program as an alternative to the standard TL RFP process. We’ll also give larger shippers the strategies they need to conduct smarter TL RFPs, while increasing service levels, securing capacity, and reducing costs.
The Current RFP Process
Insight from Flock Freight's SVP of Sales, Justin Turner
Flock Freight's Instant Prebate Program
Other Strategies in the TL Freight Playbook
What we Learned when the Tables Turned in 2020
How to Cut Freight Costs with the Instant Prebate Program