Freight Technologies, Inc. Completes Trucker Tools Integration, Significantly Expanding Network Scope and Reach

Fr8App Integration with Trucker Tools Brings New Efficiency to Logistics Operation

HOUSTON – May xx, 2023 – Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announces the completion of its integration with Trucker Tools, one of the most utilized carrier relationship management platforms in the United States. The integration is expected to increase the offers on loads by 75% and grow the carrier network in the United States by as much as twentyfold.

Fr8App’s seamless integration with Trucker Tools marks a significant advancement in the logistics industry. This integration brings together the power of Fr8App’s innovative freight platform and Trucker Tools’ extensive network of over 315,000 carriers across the United States. With this collaboration, every load posted on Fr8App’s platform, originating from and destined to locations within the U.S., including major border ports like Laredo, becomes instantly available to the vast pool of truck drivers who rely on Trucker Tools for load bookings.

Through this integration, Fr8App streamlines the process of connecting shippers with carriers, ensuring that valuable time and resources are maximized. Truck drivers using Trucker Tools can effortlessly view and bid on available loads posted on Fr8App, creating a streamlined and efficient marketplace. Fr8App’s platform automatically receives bids from truck drivers and, if the rate aligns with the target, accepts the bid instantaneously.

This integration not only enhances the accessibility and visibility of available loads for truck drivers but also significantly improves supply chain management for shippers. By leveraging the expansive Trucker Tools network, Fr8App broadens the reach of load availability, connecting shippers with a larger pool of qualified carriers. This collaborative effort simplifies the logistics process, improves efficiency and ensures that both shippers and carriers benefit from optimized operations.

Fr8App and Trucker Tools are excited about the possibilities this integration presents to the freight industry. By seamlessly connecting the two platforms, they empower shippers with a comprehensive solution for load posting and carrier selection while providing truck drivers with a wider range of opportunities to book loads conveniently. As this collaboration continues to evolve, Fr8App and Trucker Tools are committed to driving innovation, efficiency, and success in the logistics sector, delivering unprecedented value to all stakeholders involved.

Javier Selgas, CEO of Fr8Tech, said: “At Fr8App, we are proud to be a technology-driven company that is leading the charge in revolutionizing the freight industry. We believe that our state-of-the-art freight-matching platform offers a real-time solution that provides flexibility, visibility and simplicity to our customers. Our integration with Trucker Tools is a significant milestone in our commitment to offering innovative and efficient logistics solutions. As we continue to integrate with key players in the industry, we aim to become a pivotal player in the logistics technology ecosystem, providing the main cross-border solution for shippers in the USMCA region. We are excited about the endless possibilities that technology offers and look forward to leveraging it to the fullest to bring value to our clients and stakeholders.”

“We are excited to announce the integration of our carrier relationship management platform with Fr8App,” said Kary Jablonski, CEO of Trucker Tools. “This integration will significantly increase the range of loads available to carriers using both Fr8App and Trucker Tools. With our automation and Book-It-Now capabilities, Fr8App will be able to reach a broader carrier network within the U.S. and allow those carriers to book Fr8App loads more easily.”

The integration of Fr8App and Trucker Tools is now live and available to Fr8App’s customers. With this integration, Fr8Tech is well-positioned to continue its growth trajectory and deliver world-class logistics solutions to its customers.

About Trucker Tools

Trucker Tools, based in Reston, Virginia, is the leading provider of trip planning, shipment visibility, predictive freight matching and automated booking solutions for the transportation industry. Its ground-breaking Smart Capacity® platform uses accurate, real-time data and powerful algorithms to optimally match freight by predicting when and where capacity will become available, days in advance. The company’s popular driver smartphone app has been downloaded by nearly 2.5 million owner operators and small-carrier fleets to access information and services conveniently while on the road. Included in the smartphone app is Book It Now®, the industry’s first digital load booking app that automates and streamlines the load search and booking process for drivers and brokers, saving time and money. Trucker Tools’ load tracking solution is a robust feature in the app that connects drivers with carriers and freight brokers, automating the provision and collection of real-time shipment tracking and eliminating manual check calls. Visit Trucker Tools at www.truckertools.com or contact us directly at: sales@truckertools.com.