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Freight Technologies Launches Waavely, a Revolutionary Digital Ocean Freight Platform

Este comunicado se publicó en inglés y se reproduce sin traducir. Es una divulgación de una emisora listada en Nasdaq: el texto en inglés es el documento de referencia, y una traducción sin carácter oficial diría menos, no más.

Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies”),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking and management for companies shipping containers between North America and ports around the world. Waavely is live and currently available with the platform already successfully handling ocean freight.

To learn more about Waavely, please visit waavely.com

“Waavely aims to bring unprecedented control, agility, and transparency to ocean freight brokerage through advanced digitalization, and we are extremely proud of this launch which represents a significant advancement in the management of ocean freight,” said Javier Selgas, CEO of Freight Technologies Inc. “By leveraging cutting-edge technology and a free-to-use platform that charges a management fee per load, we help businesses optimize their maritime logistics operations, while reducing costs and improving overall efficiency. Our goal is to support and streamline global shipping and create a more connected and transparent supply chain for our users and customers.”

Key Features of Waavely’s 360° Logistics Platform

Instant Quotes and Booking: Users can request and receive instant quotes for maritime shipments and manage bookings directly through the platform, streamlining the entire freight process.

Automation: The platform automates key logistics processes from quoting to managing and paying, enhancing efficiency and reducing operational costs.

Real-Time Tracking: Waavely offers 24/7 tracking capabilities, allowing users to monitor their shipments through an interactive map, ensuring constant visibility and control over logistics operations.

Full Transparency: With detailed shipment specifications and real-time updates, Waavely ensures that all parties have access to necessary documentation and information, enhancing transparency and trust.

The development of Waavely stems from the growing demand among Freight Technologies’ existing clients who use the Fr8App platform for over-the-road (OTR) transportation and also require efficient solutions for ocean freight. By integrating Waavely with Fr8App, customers can now manage both OTR and ocean freight seamlessly within a single platform. This integration offers a streamlined logistics experience, enhancing operational efficiency and reducing complexity for businesses involved in both types of transportation.

Freight Technologies platforms are designed to be scalable, allowing shippers and carriers to transact without limits and expand their market reach. The existing infrastructure and success of Fr8App provides a robust foundation, enabling not just Freight Technologies to quickly expand into new markets, but also its customers and network carriers to follow suit. This scalability ensures that Waavely can efficiently handle increased demand and adapt to the evolving needs of the logistics industry.

Acerca de Freight Technologies

Freight Technologies (Nasdaq: FRGT) (“Fr8Tech”) is a technology company offering a diverse portfolio of proprietary platform solutions that incorporate AI and machine learning tools to optimize and automate aspects of the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for over-the-road (OTR) B2B cross-border shipping across the USMCA region; Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators; Fr8Radar, a GPS integration and shipment visibility module within Fleet Rocket that enables real-time tracking of in-transit freight across the U.S.-Mexico corridor; Zayren, an AI-based, pricing-prediction tool and carrier-matching platform designed specifically for cross-border and domestic OTR freight shipments across Mexico and the United States; and DODA Smart, an AI-assisted customs compliance platform to monitor, verify and trace Digital Customs Documents (DODAs) for trade operators in Mexico. Each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operational efficiency via innovative technologies such as live pricing, real-time tracking, digitization of critical documentation, brokerage support, transportation management, fleet management, and committed capacity solutions.

Declaraciones prospectivas

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections, and you should not rely on these statements as predictions of future events. These statements involve risks and uncertainties, most of which are outside the Company’s control and difficult to predict. Factors that may cause such differences are identified in the Company’s filings with the U.S. Securities and Exchange Commission. Freight Technologies cautions readers not to place undue reliance on any forward-looking statement, which speaks only as of the date made, and undertakes no obligation to update or revise any of them.

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