Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced a major expansion of Zayren, its AI-powered freight pricing and carrier-matching platform. The release takes Zayren beyond rate prediction into transportation intelligence and automated carrier negotiation by adding two new capabilities: Zayren Analytics, an Enterprise intelligence layer that lets logistics teams interrogate their transportation data in plain language; and Autopilot Negotiator, an AI agent that negotiates freight rates with multiple motor carriers simultaneously.
\nZayren launched in November 2025 as a rate-prediction tool for cross-border and domestic over-the-road freight between the United States and Mexico. With this release, Zayren expands into a freight procurement platform that can help a shipper or broker price lanes, identify carriers, negotiate pricing, and process agreed rates. Operators oversee the process rather than handling every call, setting the parameters and limits within which AI agents negotiate.
\nAutopilot Negotiator
\nSecuring a truck today typically means carrier sales reps calling, emailing or messaging carriers one by one, negotiating each rate and continuously following up across multiple lines of communication. Meanwhile, the same truck is being offered to competitors. Autopilot Negotiator automates that sequence. A rep enters a lane, receives Zayren’s reference rate, and sets a target and maximum price. Zayren’s AI agents then negotiate over WhatsApp and email (and by SMS with U.S. carriers who opt in) in parallel with carriers from Zayren’s database and with carriers that have posted truck availability on the platform. The number of simultaneous negotiations is configurable. Operators can direct Zayren to run 20 or 50 negotiations at once across multiple lanes while supervising the process. Any rates, terms or conditions outside set limits are never offered by the agent. Only when a carrier’s price is acceptable does the agent stop and recommend the transaction, which the customer can approve with a single click. When a negotiation closes, Zayren connects the buyer directly with the carrier for shipment confirmation.
\nZayren Analytics
\nZayren Analytics is a data analytics tool that works on top of existing Transportation Management Systems (TMS) and shipment history. Offered as a customized Enterprise subscription, it is scoped to each customer’s data sources and integration needs, and extends Fr8Tech’s software-first strategy into the intelligence layer of logistics operations. Fr8Tech connects the customer’s data sources, and an AI agent analyzes the shipment history. Users can ask questions or request reports in plain language, such as: which carriers cost the most on a lane, where the company is paying above average rates, or to summarize transportation performance. The system generates answers, comparisons, and reports immediately.
\n“For too long, logistics teams spent their days reading fragmented data and negotiating with carriers one call at a time,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “With this release, we are not only leveraging AI to manage data and offer recommendations, but also completing time-consuming work and delivering results. Zayren can now answer tough questions and inform key decisions at speed and volume, while our customers’ people provide the critical judgment.”
\nZayren is offered in Starter, Pro, and Enterprise plans. Autopilot Negotiator and Zayren Analytics are included in Enterprise. Promotional Pro pricing is available through December 31, 2026. All capabilities were developed by Fr8Tech’s in-house AI Lab, consistent with the Company’s strategy of building a software-first logistics business serving the U.S.–Mexico corridor.
\nTo learn more about Zayren, please visit Zayren AI.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-10-27T12:30:25+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/fr8tech-simplifies-capital-structure-by-retiring-legacy-preferred-shares-and-clearing-2023-warrants", "url": "https://fr8technologies.com/en/press/fr8tech-simplifies-capital-structure-by-retiring-legacy-preferred-shares-and-clearing-2023-warrants", "title": "Fr8Tech Simplifies Capital Structure by Retiring Legacy Preferred Shares and Clearing 2023 Warrants", "summary": "Company exchanged all outstanding Series A4 preferred shares and 3,190,000 Series C preferred shares for rights to ordinary shares; legacy warrants from 2023 financing are fully cleared; simplified capital structure supports transition to a pure-play technology company.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced that it has entered into exchange agreements with the holders of its Series A4 Preferred Shares and with a holder of its Series C Preferred Shares for rights to receive its ordinary shares, and that all remaining ordinary share warrants issued in connection with its 2023 convertible note financing have been exercised. These actions are part of the Company’s broader effort to simplify its capital structure as it completes its transition to a pure-play, AI and software-first technology company.
\nUnder the exchange agreements, entered into on October 18, 2026, the holders exchanged an aggregate of 1,666,837 Series A4 preferred shares of the Company, par value $0.0001 per share (each, a “Series A4 Preferred Share” and collectively, the “Series A4 Preferred Shares”), representing all outstanding Series A4 Preferred Shares, and 3,190,000 Series C preferred shares of the Company, par value $0.0001 per share (each, a “Series C Preferred Share” and collectively, the “Series C Preferred Shares”) for rights to receive ordinary shares, no par value per share (each, an “Ordinary Share” and collectively, the “Ordinary Shares”), without payment of additional consideration (the rights issued in the Series A4 exchange, the “Series A4 Rights,” and the rights issued in the Series C exchange, the “Series C Rights”).
\nThe Company’s previously announced one-for-ten reverse share split takes effect today, with Ordinary Shares beginning to trade on a split-adjusted basis on the Nasdaq market. On a post-split basis, the Series A4 Rights and the Series C Rights are exercisable for an aggregate of 3,245,332 Ordinary Shares in respect of the Series A4 exchange, reflecting an exchange price of $1.87 per Ordinary Share, and 3,190,000 Ordinary Shares in respect of the Series C exchange, reflecting an exchange price of $1.00 per Ordinary Share. Exercise of the Series A4 Rights and the Series C Rights is subject to a 9.99% beneficial ownership limitation.
\nSeparately, all remaining ordinary share warrants issued in connection with the Company’s 2023 convertible note financing have now been exercised. With none of these warrants remaining outstanding, the Company has removed what had been a significant overhang of potential ordinary share issuances.
\nThe Company’s operating model is moving in the same direction. Fr8Tech recently transitioned a portion of its brokerage operations to Sendengo, a trusted partner, which now runs that business on Fleet Rocket and pays Fr8Tech a recurring, volume-based software fee. The arrangement illustrates the Company’s path forward of replacing its operational brokerage business with recurring software revenue.
\n“Over the past year, we have deliberately reshaped Fr8Tech – scaling back brokerage, embedding agentic AI across the organization and rebuilding our business around Fleet Rocket and Zayren,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “Our capital structure needed to reflect that same discipline. By retiring legacy preferred securities and closing out the last of our 2023 warrants, we are presenting investors with a cleaner, more transparent equity profile that is aligned with the software-first company we have become. This is a foundational step as we focus on scaling recurring software revenue and putting agentic AI to work in the U.S.–Mexico OTR market.”
\n“Simplifying our capital structure has been a priority throughout our transformation,” said Don Quinby, Chief Financial Officer of Freight Technologies. “Exchanging the Series A4 and a substantial portion of the Series C Preferred Shares, together with the full exercise of the remaining 2023 warrants, removes a meaningful overhang on our Ordinary Shares and gives current and prospective shareholders a clearer view of our ownership base. We will continue to approach our balance sheet with the same disciplined focus.”
\nAdditional information regarding the exchange agreements is included in the Company’s Report on Form 6-K furnished to the U.S. Securities and Exchange Commission on October 19, 2026.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-10-19T14:12:05+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-powered-proof-of-delivery-validation", "url": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-powered-proof-of-delivery-validation", "title": "Freight Technologies Launches AI-Powered Proof-of-Delivery Validation", "summary": "Computer vision and machine learning module detects signatures and stamps, extracts text using OCR and matches data against shipment records; reduces the manual workload on every completed shipment.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the launch of AI POD Validation, a new artificial intelligence module within its Fleet Rocket Transportation Management System (TMS) that automatically reads and verifies proof-of-delivery (“POD”) documents and flags those that do not meet validation requirements.
\nPODs are essential logistics documents that close out shipments and provide carriers with evidence for payment. However, warehouses, carriers and customers all use their own formats, complicating data matching, stamping, signatures and other critical approvals. AI POD Validation, developed by Fr8Tech’s in-house AI Lab, is designed to perform those reviews automatically. It receives the document, references the shipment record and returns a verdict (Approved, Review or Rejected), a confidence score and the supporting evidence, which are all displayed next to the POD in the shipment record. Operations teams can then focus on only those documents requiring review.
\n“Every shipment ends with a piece of paper that someone has to read, compare and approve. Multiply that by thousands of shipments a month and you have one of the most repetitive, expensive and error-prone tasks in freight operations,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “This is exactly the kind of repetitive work we built our AI Lab to resolve. AI POD Validation lets the software handle the mundane reading and matching, and empowers people to manage important customer and vendor relationships.”
\nKey capabilities within the AI POD Validation module include multi-model signature and stamp detection with consensus filtering, structured optical character recognition (“OCR”) that preserves label-to-value relationships, spatial document understanding that matches pickup numbers, bills of lading, carrier names and invoice data against the Fleet Rocket load, bilingual stamp interpretation of English and Spanish, automatic document-quality checks and fully explainable decisions that show operations teams exactly why each document was approved, flagged for review or rejected.
\nAI POD Validation is available to Fleet Rocket customers as part of the Enterprise version and joins the AI Tendering Bot and the Zayren.ai integration as capabilities within Fleet Rocket’s transportation management platform. The Company expects to extend the same document-intelligence approach to other freight documents, including carrier invoices and bills of lading, as part of its transition to a software-first, SaaS-based business serving the U.S.–Mexico corridor. To learn more about Fleet Rocket, please visit fleetrocket.io.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-09-18T13:02:54+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/freight-technologies-integrates-fleet-rocket-tms-with-highway-to-automate-carrier-compliance-and-onboarding", "url": "https://fr8technologies.com/en/press/freight-technologies-integrates-fleet-rocket-tms-with-highway-to-automate-carrier-compliance-and-onboarding", "title": "Freight Technologies Integrates Fleet Rocket TMS with Highway to Automate Carrier Compliance and Onboarding", "summary": "Integration streamlines carrier qualifications and automates synchronization of carrier records within Fleet Rocket TMS", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the integration of Fleet Rocket Transportation Management System (TMS) (“Fleet Rocket”) with Highway, the leading carrier identity, compliance, and fraud prevention platform widely used across the North American freight industry.
\nThe integration enables transportation brokers, shippers, and logistics providers using Fleet Rocket to automate carrier onboarding and compliance verification workflows. Carriers can complete qualification requirements directly through Highway based on the rules and standards set by Fleet Rocket customers. Once a carrier completes all the required compliance criteria, the carrier profile is automatically created within Fleet Rocket.
\nIn addition to onboarding automation, the integration continuously synchronizes carrier information between the two platforms. Updates to insurance certificates, operating authority status, contact information, and other compliance-related data maintained in Highway are automatically reflected within Fleet Rocket, helping ensure that carrier records remain current and accurate.
\n\"Carrier compliance and onboarding are critical functions within transportation management, yet they often require significant manual effort and ongoing maintenance,\" said Javier Selgas, Chief Executive Officer of Fr8Tech. \"By integrating Highway directly into Fleet Rocket, we are helping customers eliminate time-consuming administrative tasks, improve data accuracy, accelerate carrier qualifications, and improve their compliance standards.\"
\nThe integration is designed to support transportation organizations seeking to improve operational efficiency while reducing risks associated with outdated carrier information and manual onboarding procedures. By automating these workflows, Fleet Rocket enables logistics teams to focus more of their time on freight execution and customer service.
\nAs freight networks continue to expand and regulatory requirements evolve, maintaining accurate carrier compliance records has become increasingly important for transportation providers. The Highway integration provides Fleet Rocket users with a scalable solution for managing carrier qualification and compliance information within a unified transportation management environment.
\nAbout Highway
\nHighway is the leading technology provider specializing in Carrier Identity® solutions for freight brokers, empowering them to reduce fraud and streamline the digital booking process. By automating compliance, Highway gives brokers the ability to enforce an all-new standard, enabling them to efficiently identify the right carrier for every load and build their network with speed and security. With a commitment to transparency, trust, and truth, Highway equips brokers with the data necessary to focus on delivering exceptional service while driving business growth without fear of fraud. For more information, visit highway.com.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-08-14T13:15:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/08/14/3345378/0/en/freight-technologies-integrates-fleet-rocket-tms-with-highway-to-automate-carrier-compliance-and-onboarding.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-adds-native-cfdi-invoicing-timbrado-to-fleet-rocket-tms", "url": "https://fr8technologies.com/en/press/freight-technologies-adds-native-cfdi-invoicing-timbrado-to-fleet-rocket-tms", "title": "Freight Technologies Adds Native CFDI Invoicing (Timbrado) to Fleet Rocket TMS", "summary": "Automated CFDI stamping, invoice management, and payment receipt (complemento de pago) now native to Fleet Rocket; consolidates fleet management, finance and compliance in a single platform", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced the launch of automated Comprobante Fiscal Digital por Internet (“CFDI” or “timbrado”) invoicing within Fleet Rocket, its Transportation Management System (“TMS”) for brokers, shippers and other logistics operators. Timbrado has been fully deployed and is now available for Pro and Enterprise level Fleet Rocket subscribers.
\nThe new capability embeds Mexico’s electronic invoicing requirements, or CFDI, directly within Fleet Rocket, handling the complete workflow for billing designed to support compliance with current Mexico’s tax authority, Servicio de Administración Tributaria (the “SAT”) requirements, including automated CFDI stamping, invoice management and cancellation, and electronic payment receipt generation (complemento de pago). Users can issue, cancel, and reconcile CFDI-compliant invoices without leaving the Fleet Rocket platform or relying on separate invoicing tools.
\nUnder the new functionality, shipment and billing data captured in Fleet Rocket is automatically packaged and submitted for CFDI stamping in compliance with requirements established by the SAT, through integration with a certified stamping provider. Once a shipment is invoiced, paid, or cancelled, Fleet Rocket triggers the corresponding CFDI action — stamping, payment receipt, or cancellation notice — and reflects the resulting tax-document status in real time.
\n“Cross-border logistics in Mexico works best when execution and compliance live in the same system,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “By embedding CFDI invoicing directly into Fleet Rocket, we are turning a critical but manual and error-prone process, that has traditionally existed outside the TMS, into a simple, automated operation. This is another progression in our evolution into a solutions-focused, software-first logistics company.” With this functionality added to Fleet Rocket, the Company is strengthening its SaaS product offerings and furthering its vision of delivering intelligent, connected, logistics technologies that address critical operational challenges across transportation management, freight procurement, shipment visibility, and regulatory compliance.
\n“Small and mid-sized carriers should not have to stitch together one system for stamping, another for finance, and another for transportation management to remain compliant and collect,” added Selgas. “Fleet Rocket consolidates all of it into a single tool. By bringing in CFDI invoicing, we are removing a third-party dependency and giving operators of every size an efficient, all-in-one platform to run their cross-border business.”
\nTo learn more about Fleet Rocket, please visit fleetrocket.io.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-08-10T13:15:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/08/10/3341891/0/en/freight-technologies-adds-native-cfdi-invoicing-timbrado-to-fleet-rocket-tms.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-expands-fleet-rocket-to-92-integrated-gps-providers", "url": "https://fr8technologies.com/en/press/freight-technologies-expands-fleet-rocket-to-92-integrated-gps-providers", "title": "Freight Technologies Expands Fleet Rocket to 92 Integrated GPS Providers", "summary": "Nineteen new integrations added since January bring the total to 92 GPS networks; integrated count up 70% since October 2025; Fr8Radar consolidates a fragmented GPS ecosystem into a single operating environment across the U.S. and Mexico.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-driven logistics company leveraging artificial intelligence and offering a diversified portfolio of AI-enabled software solutions designed to address key inefficiencies in the supply chain, today announced the continued expansion of Fleet Rocket, its cloud-based Transportation Management System (TMS), with 19 additional GPS providers integrated through its real-time freight geolocation module, Fr8Radar.
\nSince the Company’s last integration update in January 2026, Fleet Rocket has added 19 new GPS providers, bringing the total number of integrated GPS networks to 92 across the U.S. and Mexico. The milestone marks a second consecutive wave of 19 integrations and represents a 70% increase in connected GPS networks since October 2025, when the total stood at 54. The sustained pace reflects growing interest from GPS providers in connecting their networks to Fleet Rocket as its footprint across the North American freight market continues to expand.
\nMost GPS providers offer separate web portals that display vehicle locations in isolation from shipment, billing, and documentation systems. Fr8Radar is directly integrated into Fleet Rocket TMS, allowing users to monitor vehicle locations across multiple carriers and GPS networks within a single interface and link geolocation data to corresponding shipment records, cargo details, and related documents. Logistics teams can track, manage, document, and bill all within Fleet Rocket.
\n“Since October 2025 we have integrated 38 additional GPS networks into Fleet Rocket, and we believe Fr8Tech is becoming one of the most comprehensive platforms in Mexico for consolidating a historically fragmented GPS ecosystem into a single operating environment,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “This is connective tissue for cross-border freight visibility. Every new integration deepens the value of our platform, advances our transition to a software-first logistics company, and gives customers one place to track, manage, document, and bill, instead of managing dozens of disconnected portals.”
\nAs Fr8Radar resolves the operational complexity created by a fragmented GPS ecosystem, Fleet Rocket continues to evolve as a more powerful, modular, and scalable TMS supporting real-time visibility, automation, and cross-border freight across the U.S. and Mexico — the largest trade corridor in North America and a focal point of accelerating nearshoring demand.
\nTo learn more about Fr8Radar, please visit fr8technologies.com/fr8radar.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-07-28T13:10:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/07/28/3334367/0/en/freight-technologies-expands-fleet-rocket-to-92-integrated-gps-providers.html" }, { "id": "https://fr8technologies.com/en/press/fr8tech-advances-ai-native-transformation-reduces-workforce-and-raises-additional-capital", "url": "https://fr8technologies.com/en/press/fr8tech-advances-ai-native-transformation-reduces-workforce-and-raises-additional-capital", "title": "Fr8Tech Advances AI-Native Transformation, Reduces Workforce and Raises Additional Capital", "summary": "Fr8Tech furthers its transition to a pure-play, software-driven logistics technology company as it advances the build-out of an AI-native freight platform, completes additional workforce reduction, scales back brokerage operations, and raises $1.2 million to support its evolution.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced that it has completed additional steps in its transition from an online freight broker to a pure-play, software and AI logistics technology company. These steps include a further reduction in workforce, a reduction of certain brokerage operations, and raising $1.2 million through the issuance of additional Series C Preferred Shares. The Company expects these actions to meaningfully lower operating expenses, reduce outstanding debt, and support a higher-margin business model as Fr8Tech continues to scale its software solutions.
\nAs previously announced, Fr8Tech is exploring strategic alternatives for its online brokerage operations, including a potential sale, and has engaged with multiple interested parties as part of that process. Certain Fr8Fleet dedicated capacity operations were successfully transitioned to other operators in the second quarter of 2026. Ongoing discussions regarding Fr8App over-the-road, spot market and Waavely ocean container brokerage services remain exploratory in nature. No assurance can be given that the exploration of strategic alternatives will result in any transaction. In connection with this ongoing process, and consistent with the Company’s deliberate pivot away from brokerage operations, Fr8Tech has taken further action to reduce the scope and expenses of its brokerage business.
\nThe Company completed significant workforce reductions in the second quarter of 2026, concentrated primarily within its brokerage operations. These actions are expected to materially reduce the Company’s ongoing operating expenses and headcount-related costs, while preserving enterprise customer relationships, technology infrastructure, and its software and AI development pipeline that support Fr8Tech’s SaaS and AI product offerings. The Company expects to substantially complete its restructuring by the end of the third quarter of 2026 and to incur severance and other restructuring costs of approximately $0.4 million; $0.2 million of which was incurred in the second quarter.
\nThese developments follow the Company’s June 18th announcement of securing a $2.5 million loan, the net proceeds of which were used to repay in full and terminate the Company’s prior credit facility. The new loan bears interest at 10.0% per annum, matures on June 17, 2027, and consolidates Fr8Tech’s debt structure under a single lender relationship. Further, on July 14, 2026, the Company entered into a securities purchase agreement with an institutional investor (the “Buyer”), pursuant to which the Company agreed to sell to the Buyer 1,200,000 Series C preferred shares, par value $0.0001 per share, of the Company, for an aggregate purchase price of $1,200,000 (the “Offering”). The Offering is expected to raise net cash proceeds of approximately $1,150,000 after deducting the estimated expenses payable by the Company. The Company intends to use the net cash proceeds from the Offering for its ongoing restructuring, working capital, and general corporate purposes.
\nAs of June 30, 2026, the Company held cash and cash equivalents of approximately $285 thousand, billed and unbilled accounts receivable of approximately $3.5 million, accounts payable and accrued expenses of approximately $2.5 million, and short-term debt of approximately $2.5 million. These figures are unaudited and have not been reviewed by the Company’s auditors.
\n“The actions we have taken in the second quarter reflect a deliberate and disciplined approach to reshaping our cost base,” said Don Quinby, Chief Financial Officer of the Company. “By establishing a leaner cost structure and accelerating the transition away from brokerage operations, we are building the financial foundation from which Fr8Tech can scale its recurring, higher-margin SaaS and AI-based revenue streams and creating a sustainable path toward profitability.”
\n“Together, these actions mark a decisive and disciplined step in our transformation into a pure-play, software-first technology company,” said Javier Selgas, Chief Executive Officer of the Company. “By reducing our workforce further, scaling back brokerage operations, and consolidating our debt, we are systematically removing operational complexity and financial friction from the business, and simultaneously focusing our capital and our talent on the commercialization of our software platform. Fr8Tech is building an AI-powered platform anchored by Fleet Rocket, where AI agents and automation tools are designed to streamline freight operations from tendering to delivery across the USMCA corridor.”
\nFr8Tech believes that the cross-border freight market it targets remains a highly dynamic and underpenetrated technology opportunity in North American logistics, driven by ongoing nearshoring investment in Mexico and continued growth in cross-border trade. Fr8Tech’s software platform, anchored by Fleet Rocket and its growing ecosystem of AI-powered modules and applications, continues to generate recurring software contracts as the Company directs its full resources toward its AI-powered, software-first strategy across the USMCA region.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-07-15T13:43:21+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/07/15/3327846/0/en/fr8tech-advances-ai-native-transformation-reduces-workforce-and-raises-additional-capital.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-formalizes-agentic-ai-across-the-organization-to-scale-software-first-transformation", "url": "https://fr8technologies.com/en/press/freight-technologies-formalizes-agentic-ai-across-the-organization-to-scale-software-first-transformation", "title": "Freight Technologies Formalizes Agentic AI Across the Organization to Scale Software-First Transformation", "summary": "Fr8Tech’s AI Transformation Framework codifies the work behind the Company’s productivity gains to accelerate the Fleet Rocket, Fr8App, and Zayren product roadmaps and its transition to a SaaS-based logistics company.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the launch of the Fr8Tech AI Transformation Framework (“FATF”), a proprietary methodology that establishes the use of agentic AI across the Company’s software development and enterprise operations.
\nDeveloped by Fr8Tech’s in-house AI Lab, the FATF is the operating playbook behind the productivity results the Company reported earlier this year, in February, when the deployment of proprietary agentic AI delivered 15x productivity gains in domestic operations and 5x in cross-border workflows. The framework formalizes those practices into a governed, repeatable system, enabling Fr8Tech to extend similar efficiency gains across engineering, operations, sales, finance, human resources, marketing, and administration on structured timelines.
\nThe Company’s engineering teams are now operating with a coordinated pool of specialized AI agents handling code development, automated testing, architecture, and documentation under the FATF’s documented internal governance standards. This model is meaningfully accelerating the delivery of Fr8Tech’s product roadmaps, including enhancements to Fleet Rocket, the expansion of Zayren Pro’s agentic capabilities, and the continued build-out of voice-enabled AI agents across the Fr8App platform.
\nThe FATF is aligned with four international reference standards — ISO/IEC 42001:2023, the NIST AI Risk Management Framework, the OWASP Top 10 for Large Language Model Applications, and ISO 9001:2015. It establishes an AI governance structure spanning executive oversight, a centralized AI Lab, and designated AI champions — departmental leads responsible for AI adoption and coordination with the AI Lab — across each department. This initiative also institutes documented standards for AI-assisted software development, data classification, privacy controls, and a phased roadmap toward ISO/IEC 42001 certification readiness.
\n“Fr8Tech has spent years building proprietary AI capabilities with a clear objective: to create an operating system where software performs tasks and manages routines, and people provide judgment and drive strategy,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “The FATF is how we deliver on that vision at scale. We are monetizing our AI investments through the commercial launches of Zayren and Fleet Rocket, and through the underlying velocity and discipline the framework gives our entire organization. This is a foundational step in becoming a software-first logistics company with durable, long-term scalability.”
\n“Our AI Lab moved quickly from isolated experiments to a governed ecosystem where agents contribute productively across the full development lifecycle,” said Umberto León Domínguez, Director of the AI Lab at Freight Technologies. “The FATF ensures that our speed comes with the technical controls and quality standards that customers, carriers, suppliers, and regulators expect. And as with everything the AI Lab builds, it is designed to evolve — and we are just getting started with what we can do.”
\nThe framework is an evolving structured process, subject to quarterly review by senior management and continuous improvement. As Fr8Tech advances the commercial rollout of Zayren and the expansion of Fleet Rocket to freight agencies and logistics service providers across the USMCA region, the FATF will provide the institutional architecture to capture cross-border demand with a unified, scalable technology stack and help build high-value, recurring software revenue.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-04-21T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/04/21/3278041/0/en/freight-technologies-formalizes-agentic-ai-across-the-organization-to-scale-software-first-transformation.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-launches-doda-smart-an-ai-powered-customs-compliance-platform-for-mexican-trade-operators", "url": "https://fr8technologies.com/en/press/freight-technologies-launches-doda-smart-an-ai-powered-customs-compliance-platform-for-mexican-trade-operators", "title": "Freight Technologies Launches DODA Smart, an AI-Powered Customs Compliance Platform for Mexican Trade Operators", "summary": "Automates critical DODA processes from document extraction to SAT synchronization for customs agencies, freight forwarders and cross-border carriers navigating Mexico’s 2026 Customs Law Reform.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the commercial launch of DODA Smart, an AI-powered platform to automatically verify, monitor, and trace the full lifecycle management of Digital Customs Documents (“DODAs”) for customs agencies, freight forwarders, carriers, and import-exporters operating across the U.S.–México corridor. The platform is designed to synchronize automatically with the México Tax Administration Service (Servicio de Administración Tributaria, or “SAT”) to provide real-time compliance intelligence.
\nDeveloped by Fr8Tech’s in-house AI Lab, DODA Smart is designed to help customers address new digital recordkeeping and traceability requirements associated with Mexico’s amended 2026 Customs Law Reform. DODA Smart is designed to reduce reliance on physical paper records, manual QR-code reading, fragmented document tracking, and reactive compliance workflows. It is designed to provide automated SAT synchronization and AI-assisted document verification for participants across the customs clearance chain — from the customs agency to the freight forwarder to the carrier.
\nDODA Smart is a natural extension of Fr8Tech’s cross-border intelligence ecosystem and fully integrates with the Company’s existing suite of solutions, completing an essential compliance layer for freight operations across the U.S.–Mexico border. The ability to manage audit-ready customs documentation at scale — quickly, efficiently and accurately — is more important than ever, as cross-border volume grows amid increased nearshoring activity. DODA Smart is a strategic differentiator for any operator moving goods across the border.
\nJavier Selgas, Chief Executive Officer of Freight Technologies, said, “DODA Smart is the next logical step in Fr8Tech’s mission to remove friction from every layer of cross-border trade. We built Fr8App to connect shippers and carriers. We built Zayren to eliminate pricing uncertainty. We built Fleet Rocket to automate freight execution. Now, we built DODA Smart to close the compliance gap — turning one of the most manual, error-prone processes in Mexican customs operations into an automated, auditable, and intelligence-driven workflow.”
\nKey features of the DODA Smart platform include:
\nAutomated Document Intelligence that processes both native PDF and image-based DODA files using a combination of pattern recognition and large language model interpretation. It extracts and structures all key fields into a centralized database, eliminating manual data entry — creating clean, queryable records and enabling actionable analysis across every customs operation.
\n24/7 SAT Synchronization with automatic status updates. It provides timely visibility into every DODA’s standing without manual QR-code verification.
\nUnified Control Dashboard that consolidates all active DODAs in a single panel, enabling customs agencies to monitor their entire operation at a glance and immediately respond to status changes.
\nSAT-Integrated Document Verification that uses AI to extract and structure each DODA’s integration number, automating cross-checks against the SAT’s official registry and flagging discrepancies between submitted document data and SAT records to support proactive compliance management and to reduce compliance risk.
\nAutomated Digital Audit File that generates a complete, time-stamped, traceable record — exportable and audit-ready at any time — for every customs operation supporting compliance with the 2026 Customs Law Reform’s electronic dossier requirements.
\nLow-Cost Tiered Commercial Model accessible to any participant in the cross-border trade ecosystem, from free access for up to three DODAs per day to enterprise-level subscription plans.
\nUmberto León Domínguez, Director of the AI Lab at Freight Technologies, said “DODA Smart was built on a simple principle: find the highest-friction point in a process and eliminate it entirely. Customs operators in Mexico have managed DODAs manually for years — time-consuming under any conditions, and now a compliance liability under the 2026 reform. DODA Smart is designed to absorb that complexity and give every operator in the chain a single, reliable source of truth. This is exactly the kind of real-world, high-stakes application our AI Lab exists to solve.”
\nThe launch of DODA Smart expands and complements Fr8Tech’s existing AI-powered product portfolio — which includes Zayren for freight rate prediction and carrier matching, Fleet Rocket for transportation management, and Fr8Radar for real-time geolocation — with a customs compliance capability that addresses real operational risk for cross-border trade participants. DODA Smart also supports Fr8Tech’s strategy to expand recurring, subscription-based SaaS revenue across a unified platform serving the USMCA freight ecosystem.
\nTo learn more about DODA Smart, please visit dodasmart.mx.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-04-07T10:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/04/07/3268932/0/en/freight-technologies-launches-doda-smart-an-ai-powered-customs-compliance-platform-for-mexican-trade-operators.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-update-on-transition-to-ai-powered-software-first-logistics-technology-company", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-update-on-transition-to-ai-powered-software-first-logistics-technology-company", "title": "Freight Technologies Announces Strategic Update on Transition to AI-Powered, Software-First Logistics Technology Company", "summary": "Company explores strategic alternatives for online brokerage business, including potential sale, as it accelerates commercialization of proprietary SaaS and AI platform", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, \"Fr8Tech\" or the \"Company\"), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced progress in its transformation from an OTR online freight broker to a software-first, AI-native logistics technology company. As part of the Company's strategic transition, the Company also announced that it is exploring strategic alternatives for its online brokerage operations, including its potential sale, and has engaged with multiple interested parties as part of that process. The Company's Board of Directors is overseeing the evaluation of strategic alternatives for the brokerage operations.
\nFr8Tech emphasized that these discussions are preliminary and exploratory in nature, and there can be no assurance that the exploration of strategic alternatives will result in any transaction. The Company does not intend to provide further updates on this process unless and until a definitive agreement is reached or disclosure is otherwise required.
\nThe Company's brokerage operations have served as the proving ground for the AI-enabled automation technologies that continuously drive speed, efficiency, accuracy, and cost reductions across the supply chain. As Fr8Tech's software platforms — including Fleet Rocket, Zayren, and Fr8Radar — have matured and gained commercial traction, the Company has determined that a focused, AI-software business model represents the most direct path to deliver long-term value in the market. The Company's enterprise customer relationships, technology infrastructure, and AI development pipeline are unaffected by the strategic review process.
\n\"When we announced our strategic pivot in early 2025, we made a commitment to all our stakeholders that Fr8Tech would become a software-first logistics company,\" said Javier Selgas, Chief Executive Officer of Freight Technologies. \"Every milestone since then has been a step in that direction: Fleet Rocket in production, Zayren and Zayren Pro commercially deployed, our AI platform delivering improved domestic booking efficiency, and our operations running at scale with significantly reduced headcount of the prior year. Evaluating strategic alternatives for our brokerage business is the logical next step in that journey. It reflects our conviction that the highest-value path forward is one where our capital, our talent, and our technology are fully concentrated on software.\"
\nThe pace of platform commercialization over the past twelve months reflects a business that has moved from strategic intent to operational reality. Fleet Rocket, the Company's cloud-based TMS, has expanded to enterprise clients deploying its full suite of capabilities — including AI Tendering Bot, Zayren.ai integration, GPS tracking, ETA predictions, and ERP integration. Zayren Pro, the premium SaaS tier of the Company's AI pricing and carrier-matching platform, launched in January 2026 with unlimited AI Agent usage and a proprietary Carrier Portal that allows carriers to self-onboard and manage lane preferences. Fr8Radar, Fleet Rocket's real-time geolocation module, now integrates 73 GPS network providers across the U.S. and Mexico — together, these deployments represent a unified, intelligence-led platform that is generating recurring software contracts and operating autonomously at scale.
\n\"Our AI Lab has been built from the ground up to solve the hardest problems in cross-border logistics — rate volatility, carrier matching, real-time coordination — and what we have deployed is only the beginning of what this platform is capable of,\" said Umberto León Domínguez, Director of the Fr8Tech AI Lab. \"The next phase of our roadmap — agentic AI workflows, voice-based freight coordination, and advanced predictive pricing — will further define Fr8Tech as the technology standard for the USMCA corridor.\"
\nThe cross-border freight market that Fr8Tech targets represents a massive technology-adoption opportunity in North American logistics. U.S.–Mexico trade represents one of the largest and fastest-growing trade corridors in the world, driven by increased nearshoring investment along the U.S.–Mexico border, yet a substantial portion of freight operations in this corridor remain fragmented, manual, and technology-deficient. Fr8Tech believes its integrated software platform — now commercially deployed, generating recurring software contracts, and backed by proprietary AI developed entirely in-house — is well positioned to pursue this market opportunity.
\nFr8Tech's full product portfolio — Fr8App, Fr8Fleet, Fr8Now, Waavely, Fleet Rocket, Zayren / Zayren Pro, and Fr8Radar — remains fully operational and commercially available.
\nThis press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-04-02T10:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/04/02/3267201/0/en/Freight-Technologies-Announces-Strategic-Update-on-Transition-to-AI-Powered-Software-First-Logistics-Technology-Company.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-releases-pro-forma-financial-statements-for-jak-solar-acquisition", "url": "https://fr8technologies.com/en/press/freight-technologies-releases-pro-forma-financial-statements-for-jak-solar-acquisition", "title": "Freight Technologies Releases Pro Forma Financial Statements for JAK Solar Acquisition", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today released the unaudited pro forma financial statements related to its acquisition of JAK Solar Loans 1 Limited (“JAK Solar”), which was completed on December 31, 2025.
\nThe unaudited pro forma condensed combined financial information includes a balance sheet as of September 30, 2025 and statements of operations for the nine months ended September 30, 2025 and the year ended December 31, 2024. The pro forma financial statements have been prepared in accordance with Article 11 of Regulation S-X and are presented as if the acquisition had occurred on January 1, 2024 for purposes of the statements of operations and on September 30, 2025 for purposes of the balance sheet.
\nThe pro forma financial information is provided for illustrative purposes only and does not purport to represent what the Company’s financial position or results of operations would have been had the acquisition been completed on the dates indicated, nor is it indicative of future results.
\nThe pro forma financial statements are included as Exhibit 99.2 to the Company’s Report of Foreign Private Issuer on Form 6-K furnished to the U.S. Securities and Exchange Commission on March 19, 2026, and are available on the SEC’s website at www.sec.gov and on the Company’s investor relations website.
\nAs previously announced, the acquisition of JAK Solar expands Freight Technologies’ asset base through a portfolio of residential solar-related financial contracts and is expected to contribute recurring cash flows over time.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-03-19T21:50:45+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/03/19/3259491/0/en/Freight-Technologies-Releases-Pro-Forma-Financial-Statements-for-JAK-Solar-Acquisition.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-reports-robust-productivity-gains-ai-native-solutions-enable-15x-domestic-and-5x-cross-border-efficiency-gains", "url": "https://fr8technologies.com/en/press/freight-technologies-reports-robust-productivity-gains-ai-native-solutions-enable-15x-domestic-and-5x-cross-border-efficiency-gains", "title": "Freight Technologies Reports Robust Productivity Gains: AI-Native Solutions Enable 15x Domestic and 5x Cross-Border Efficiency Gains", "summary": "Accelerates time to book; more than doubles internal productivity; advances Fleet Rocket sales", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced strong productivity gains across key operating metrics for customers and its internal operations. The Company’s intelligence-led and automation-driven solutions are improving the pace, accuracy, and scale of customers’ freight management, while providing revenue synergies and margin improvements for Fr8Tech.
\nOver the past year, Freight Technologies has deployed proprietary, agentic AI systems across its existing offerings, including Fr8App for over-the-road, cross-border spot service, Fr8Fleet for dedicated capacity, and Waavely for ocean container shipments. Zayren Pro, Fleet Rocket, and other embedded AI features serve as the foundation for this efficiency, redefining how freight transactions are created, priced, tendered, tracked, validated, and documented. By utilizing autonomous voice agents and AI-powered rate prediction, the platform handles routine and repetitive tasks, including carrier discovery and status updates, and empowers valuable employees to focus on workflow supervision, exceptions management, and the customer experience.
\nFr8Tech’s architecture places AI upstream of traditional transportation management, creating autonomous, decision-oriented systems beyond task-level automation. The Company’s platform intelligence drives execution rather than merely records it.
\nFr8Tech’s larger domestic and cross-border operators that manage more than 3,500 loads annually are closing bookings within minutes compared to hours in prior years. Cross border documentation processes are being accelerated five times as workflow management and proof-of-delivery and other critical document validations are automated. Internally, the Company is now managing a higher volume of shipments across its platforms with about half of the operations headcount following staff reductions in 2025 with capacity for growth, and is able to cross-sell Fleet Rocket, its transportation management system (“TMS”) software into its customer base.
\nACCEL IT Director, Alfredo Castro, noted, “Implementing Fleet Rocket as our transportation management system has dramatically improved the speed and simplicity of booking freight for our customers. We expect this deployment to drive meaningful cost savings while unlocking greater visibility and smarter load management across our operations — ultimately delivering a stronger, more reliable experience for our customers.”
\n“Freight Technologies has spent years building proprietary AI capabilities with a clear objective: create an operating system where software performs the work and people provide judgment,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “We are now seeing the full monetization of those investments. Our platform enables us to handle materially higher volumes with a leaner organization, while simultaneously laying the groundwork for SaaS-based commercialization of our AI tools. This is a foundational step toward becoming a software-first logistics company with durable, long-term scalability.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-02-24T14:21:24+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/02/24/3243718/0/en/freight-technologies-reports-robust-productivity-gains-ai-native-solutions-enable-15x-domestic-and-5x-cross-border-efficiency-gains.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-completes-iso-90012015-annual-audit", "url": "https://fr8technologies.com/en/press/freight-technologies-completes-iso-90012015-annual-audit", "title": "Freight Technologies Completes ISO 9001:2015 Annual Audit", "content_html": "Audit reaffirms the Company’s ongoing commitment to quality assurance and continuous improvement
\nHOUSTON – Feb. 20 , 2026 — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is proud to announce it successfully completed its first annual ISO 9001:2015 surveillance audit on December 23, 2025, under the scope of Logistics Services and Transportation of Goods in North America.
\nThe confirmation of the internationally recognized certification for both its Mexico and US entities validates the Company’s successful implementation of a Quality Management System (QMS) designed to ensure consistent service excellence and continuous improvement. Maintaining the ISO 9001:2015 across two countries reflects the Company’s commitment to delivering efficient, reliable and innovative logistics solutions.
\nWhat is ISO 9001:2015?
\nISO 9001:2015 is a globally recognized standard for quality management systems. It provides organizations with a framework to enhance operational efficiency, meet customer expectations, and drive continuous improvement. By adhering to ISO 9001 standards, companies demonstrate their commitment to quality processes, customer satisfaction, and sustained business performance. With over one million certifications worldwide, ISO 9001:2015 is the most widely adopted quality management standard.
\nThe ISO 9001:2015 certification process involved a rigorous evaluation of Fr8Tech’s quality management system, including comprehensive audits of processes, documentation, and overall operational efficiency.
\nJavier Selgas, CEO of Fr8Tech, said “This successful completion of the certification’s annual audit represents a standing promise to our clients that we will continue to set benchmarks for service excellence and innovation in North America’s freight technology marketplace. Fr8App’s achievement of the ISO 9001:2015 certification for the second year in a row aligns with our vision to revolutionize freight logistics through cutting-edge technology and customer-focused solutions.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-02-20T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/02/20/3241950/0/en/freight-technologies-completes-iso-9001-2015-annual-audit.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-two-year-fleet-rocket-agreement-with-marksman", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-two-year-fleet-rocket-agreement-with-marksman", "title": "Freight Technologies Announces Two-Year Fleet Rocket Agreement with Marksman", "summary": "Highlights Continued Fleet Rocket Adoption and Value of Fr8Tech’s Integrated Solution Set", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or the “Company”), a leading AI-powered logistics technology company, announced today that it has entered into a two-year agreement with Marksman XBF Holding Group SAPI de CV (“Marksman”), a cross-border freight agency, to license Fleet Rocket, the Company’s Transportation Management System (“TMS”) software platform.
\nMarksman provides cross-border freight agency services supporting shipments between the United States and Mexico with a focus on coordinating international transportation, carrier sourcing, and shipment execution for customers operating in cross-border supply chains.
\nUnder the agreement, Marksman will implement the Enterprise version of Fleet Rocket, deploying a suite of modules and integrated products designed to automate and digitalize core freight agency workflows. Marksman selected Fleet Rocket based on the platform’s scalable architecture, AI-enabled automation capabilities, and its ability to integrate carrier capacity discovery tools directly within the TMS.
\nMarksman is expected to utilize Fleet Rocket’s AI tendering Bot, AI-powered pricing tool Zayren.ai, real-time GPS tracking, ETA predictions with automated alerts, mobile application access, integrated chat and WhatsApp messaging, advanced analytics and reporting dashboards, and customized ERP integration. Through integration with the Fr8App marketplace, Marksman will access carrier capacity directly from within Fleet Rocket, supporting faster tendering cycles and improved operational efficiency.
\n“Marksman’s adoption of Fleet Rocket Enterprise reflects continued demand for platforms that combine automation, AI, and integrated capacity access within a single operating environment,” said Javier Selgas, Chief Executive Officer of Fr8Tech. “We believe this agreement supports our strategy to expand Fleet Rocket adoption among freight agencies and logistics service providers across the USMCA region and to grow recurring software revenue. It also demonstrates our ability to expand customer relationships through the adoption of multiple integrated solutions and drive incremental revenue across our solution set.”
\n“After evaluating multiple technology providers, we selected Freight Technologies based on its ability to support scalable and disciplined cross-border freight operations with advanced functionality and AI-enabled automation,” said José Andrés Gonzalez, Chief Executive Officer of Marksman. “Fleet Rocket strengthens our commercial platform by enhancing operational visibility and enabling consistent coordination across our U.S.–Mexico freight network.”
\nAbout Marksman
\nMarksman is a cross-border commercial freight platform focused on transparent and governance-driven transportation coordination between the United States and Mexico. The company integrates asset-based carriers into a curated commercial network that enhances brand visibility and supports disciplined capacity deployment within a structured operating environment. For shippers and brokers, Marksman provides structured, menu-based capacity access and accountable coordination, supporting scalable execution across cross-border supply chains. For more information, please visit heymarksman.com.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-02-19T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/02/19/3241154/0/en/freight-technologies-announces-two-year-fleet-rocket-agreement-with-marksman.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-launches-zayren-pro-with-next-generation-ai-agents", "url": "https://fr8technologies.com/en/press/freight-technologies-launches-zayren-pro-with-next-generation-ai-agents", "title": "Freight Technologies Launches Zayren Pro with Next-Generation AI Agents", "summary": "Expands AI-Powered Logistics Platform with Premium Commercial Tier and Carrier Network Portal", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics technology company, today announced the strategic launch of Zayren Pro, a premium commercial evolution of its AI-driven predictive pricing and matching platform. The release builds on the successful debut of Zayren in November 2025 and will contribute to the Company’s subscription-based SaaS revenue.
\nDeveloped by Fr8Tech’s in-house AI Lab, Zayren Pro transitions the Company’s AI strategy from market visibility to actionable procurement execution. This new tier introduces advanced agentic AI capabilities, provides for unlimited query capacity, and establishes a proprietary carrier portal to rapidly scale the Company’s digital freight network across the robust U.S.–Mexico nearshoring corridor.
\nZayren Pro empowers enterprise shippers and brokers to move beyond simple rate prediction. The platform utilizes historical data and real-time market signals to autonomously shortlist carriers, benchmark costs against current volatility, and enable direct carrier contact. While Zayren AI leverages market data to find the best broker quotes, Zayren Pro closes the loop between pricing and booking and empowers users to identify and connect with verified carriers that match lane requirements and shipper priorities.
\nKey features of the Zayren Pro expansion include:
\nPremium SaaS Model with unlimited AI Agent usage and deep-tier market intelligence, furthering the Company’s shift toward high-value, recurring revenue streams.
\nProprietary Carrier Portal that allows carriers to self-onboard and manage lane preferences, creating a “network effect” that continuously enriches the platform’s capacity database.
\nSmart Procurement Shortlists are created by AI algorithms that rank verified carriers based on cost, performance, and specific lane requirements, reducing manual procurement time significantly.
\nDirect Execution Tools with enhanced connectivity features that allow shippers to instantly turn AI rate predictions into confirmed carrier bookings.
\n“The launch of Zayren Pro represents a commercial maturation of our AI roadmap,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “With Zayren Pro, we are monetizing our ability to predict rates by giving customers the tools to execute on those rates, while deploying our most advanced agentic AI systems to act as an intelligent procurement assistant. This release is critical to our strategy of capturing massive cross-border nearshoring demand with a unified, scalable technology stack that saves time, reduces friction, and becomes smarter as more carriers join and share their preferences—creating a self-reinforcing ecosystem of supply and demand.”
\nTo learn more about Zayren Pro, please visit zayren.ai
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-01-22T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/01/22/3223833/0/en/freight-technologies-launches-zayren-pro-with-next-generation-ai-agents.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-bolsters-fleet-rocket-with-19-new-integrated-gps-providers", "url": "https://fr8technologies.com/en/press/freight-technologies-bolsters-fleet-rocket-with-19-new-integrated-gps-providers", "title": "Freight Technologies Bolsters Fleet Rocket With 19 New Integrated GPS Providers", "summary": "Increase brings the total number of GPS network providers to 73 via the Company’s real-time freight geolocation module, Fr8Radar", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-driven logistics company leveraging artificial intelligence and offering a diversified portfolio of AI-enabled software solutions designed to address key inefficiencies in the supply chain, today announced the continued expansion of Fleet Rocket, its cloud-based Transportation Management System (TMS), driven by accelerating adoption of its Fr8Radar GPS integration network.
\nSince October 2025, Fleet Rocket has added 19 new GPS providers, bringing the total number of integrated GPS networks to 73 across the U.S. and Mexico. The increase represents the strongest period of GPS integration activity to date and demonstrates growing interest from GPS providers in connecting their networks to Fleet Rocket as its footprint across the North American freight market continues to grow.
\nMost GPS providers offer separate web portals to view vehicle locations in isolation from the shipment, billing, and documentation systems. The Company’s real-time tracking solution, Fr8Radar is directly integrated into Fleet Rocket TMS, allowing users to monitor vehicle locations across multiple carriers and GPS networks within a single interface and link geolocation data to corresponding shipment records, cargo details, and related documents. Logistics teams can then track, manage, document, and bill all within Fleet Rocket.
\n“Fr8Radar supports a more efficient operating model for companies that work with multiple carriers and GPS providers,” said Javier Selgas, CEO of Freight Technologies. “Instead of managing and tracking through dozens of separate portals, customers can monitor their shipments directly within Fleet Rocket alongside the rest of their operational and commercial data.”
\nAs Fr8Radar solves operational complexities created by the fragmented GPS ecosystem in freight transportation, Fleet Rocket evolves as a more powerful, modular, and scalable TMS supporting real-time visibility, automation, and cross-border freight across the U.S. and Mexico.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2026-01-13T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2026/01/13/3217835/0/en/freight-technologies-bolsters-fleet-rocket-with-19-new-integrated-gps-providers.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-deal-to-acquire-jak-solar", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-deal-to-acquire-jak-solar", "title": "Freight Technologies Announces Deal to Acquire JAK Solar", "summary": "Broadens Asset Base | Enhances Financial Flexibility | Adds Recurring Cash Flows", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, announced that it has entered into a share purchase agreement to acquire JAK Solar Loans 1 Limited (“JAK Solar”).
\nJAK Solar operates a scalable platform focused on the ownership and servicing of residential solar-related financial contracts, supported by established servicing arrangements and predictable payment structures. As of November 30, 2025, JAK Solar owned a portfolio of 62 active and performing U.S.-based residential solar loans with aggregate outstanding principal and interest through maturity of approximately $1.85 million and a weighted average maturity of 9.6 years.
\nUpon closing, the acquisition will expand Freight Technologies’ asset base through Jak Solar’s portfolio of contracted, long-duration financial assets tied to residential renewable energy systems. The Company expects the transaction to strengthen its balance sheet, improve operating cash flows, and enhance overall financial flexibility, while remaining aligned with Fr8Tech’s disciplined capital allocation framework.
\n“This acquisition will provide Freight Technologies with long-duration, recurring cash flows supported by a scalable servicing platform,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “It will strengthen our financial position and create strategic flexibility as we continue to evaluate opportunities that support sustainable growth and long-term shareholder value.”
\nFor the year ended December 31, 2024, and the nine months ended September 30, 2025, JAK Solar generated unaudited gross cash receipts (a non-GAAP measure) of approximately $314,810 and $246,587, respectively, with limited historical write-offs. The platform is designed to support additional assets over time, including other residential energy efficiency and home improvement financings.
\nFreight Technologies continues to execute on its strategy of leveraging technology, data, and intelligent systems to support operational efficiency and long-term value creation, while selectively deploying capital into opportunities that enhance resilience, scalability, and performance.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-12-16T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/12/16/3206283/0/en/freight-technologies-announces-deal-to-acquire-jak-solar.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-third-quarter-2025-results", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-third-quarter-2025-results", "title": "Freight Technologies Announces Third Quarter 2025 Results", "summary": "Profit margin improvement | Lower operating losses | Continued progress in SaaS and AI strategy", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, announced its third-quarter results for the period ended September 30, 2025, on December 9, 2025.
\n“In the third quarter of 2025, we continued to advance our transition toward a software- and AI-driven logistics model. Our AI Lab developed the autonomous voice-agent capabilities that now enhance the recently launched Zayren platform, strengthening our ability to deliver greater automation, accuracy, and real-time intelligence across our solutions. We also continued expanding the adoption and functionality of Fleet Rocket as more customers integrate the platform into their operations. At the same time, we supported a broad base of enterprise-level clients through our forwarding and brokerage services, where our technology is increasingly automating workflows and improving service levels. Despite elevated tariffs and cross-border uncertainty, we improved operating performance through focused execution and ongoing product innovation. As we move into the next quarter, we remain committed to scaling Zayren, advancing Fleet Rocket, and expanding our AI-powered offerings to drive long-term efficiency and value across the logistics ecosystem,” noted Javier Selgas, CEO of Fr8Tech.
\nBusiness Highlights
\n●
\nWaavely gained significant traction in the maritime brokerage market with existing and new Fr8App customers securing overseas container shipping services through the online marketplace.
\n●
\nFleet Rocket expanded its TMS capabilities with invoice validation tools, financial workflow integrations, and deeper data connectivity to customer platforms. The Company closed additional enterprise-level subscriptions during the quarter.
\n●
\nThe Company established multiple new tracking integrations to improve real-time geolocation data that serves shippers and carriers across North America.
\n●
\nThe Company developed fully autonomous voice agents to scale the capabilities of its AI-driven freight rate prediction and carrier-matching platform, Zayren, which the Company launched and announced in a separate release earlier this quarter.
\nFinancial Highlights
\n●
\nQ3 2025 operating loss improved year-over-year by $0.4 million, from ($1.7) million in Q3 2024 to ($1.3) million in Q3 2025, driven by higher-margin brokerage business and lower operating expenses.
\n●
\nYTD operating loss improved year-over-year by $1.2 million from ($5.5) million in YTD 2024 to ($4.3) million in Q2 2025 on higher margin brokerage business and lower operating expenses.
\n●
\nFor the nine months ended September 30, 2025, the Company strengthened its equity position, increased cash balances, and lowered interest expense, supported by improved working capital and more efficient capital structure management.
\nDue to Fr8Tech’s continued shift toward higher-margin software and AI-driven solutions, along with the sustained impact of elevated U.S. tariffs on the U.S.–Mexico cross-border logistics market, the Company is updating its 2025 outlook to reflect current market conditions. For the full year 2025, Fr8Tech now expects revenue of $12 million to $14 million and an operating loss between $5.5 million and $6.5 million.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-12-11T14:36:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/12/11/3204025/0/en/freight-technologies-announces-third-quarter-2025-results.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-partnership-with-solvento-to-integrate-financial-workflows", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-partnership-with-solvento-to-integrate-financial-workflows", "title": "Freight Technologies Announces Strategic Partnership with Solvento to Integrate Financial Workflows", "summary": "Fleet Rocket TMS is now integrated with Solvento’s financial solutions platform, enabling direct invoicing and full suite payment capabilities for logistics operators.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced a strategic partnership with Solvento, a leading fintech provider serving the trucking and logistics industry in Latin America. The collaboration brings together two complementary platforms to create a unified ecosystem that streamlines both logistics execution and financial settlement.
\nThrough this integration, brokers, carriers and shippers using our Fleet Rocket Transportation Management System (TMS) software (“Fleet Rocket TMS”), can automatically connect shipment and operational data to Solvento’s financial management tools, simplifying invoicing, collections, payments, factoring, and receivables and payables reporting. Likewise, Solvento’s customer base can now leverage Fleet Rocket TMS as the preferred transportation management system for end-to-end planning, dispatch, visibility, and performance analytics.
\n“Fleet Rocket TMS is designed to help shippers and brokers run smarter, faster, better,” said Javier Selgas, CEO of Freight Technologies. “By connecting logistics execution with Solvento’s full suite of financial services, we are closing the loop between operations and back office functions. Our customers gain a more efficient workflow, enhanced transparency, and more powerful tools to help them scale. We are excited to begin our relationship with Solvento through this collaboration, which we believe will create meaningful value for our customers.”
\n“Our mission at Solvento is to make payments for logistics operations easier, quicker, and more reliable,” said Jaime Tabachnik, CEO of Solvento. “Collaborating with Freight Technologies allows us to deliver that value directly inside the logistics process itself. Fleet Rocket is a powerful TMS, and together we’re providing integrated solutions that reduce friction and empower companies to operate with greater efficiency and financial clarity. We look forward to growing this partnership and supporting our customers across the region.”
\nThe two companies are also launching a mutual referral program and are onboarding partners and clients under the referral framework. With the partnership in place, Freight Technologies and Solvento plan to introduce additional collaborative features and joint offerings in the future.
\nAbout Solvento
\nSolvento is an AI-powered fintech platform transforming logistics operations across Latin America through automation and smart financing solutions. Its suite of tools enables shippers, carriers, brokers, and 3PLs to validate invoices instantly, automate payments, and improve cash flow across the supply chain. To date, Solvento has processed more than 150,000 invoices, supported over 3,000 carriers, and financed more than MXN 4.5 billion in freight operations. For more information, visit solvento.ai
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-12-05T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/12/05/3200740/0/en/freight-technologies-announces-strategic-partnership-with-solvento-to-integrate-financial-workflows.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-agreement-to-advance-agentic-ai-initiative", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-strategic-agreement-to-advance-agentic-ai-initiative", "title": "Freight Technologies Announces Strategic Agreement to Advance Agentic AI Initiative", "summary": "New Agreement Provides Developer Tools to Accelerate Fr8Tech’s Logistics-Focused AI Agents Roadmap.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced it has entered into a multi-year service agreement with Fetch Compute, Inc. (“Fetch AI”) to access their ASI-1 large language models (“LLM”) platform and developer tool suite. The agreement supports Fr8Tech’s continued expansion of AI-driven automation across the U.S.–Mexico cross-border and domestic OTR freight ecosystem.
\nFr8Tech will leverage ASI-1 models to accelerate the development of its next-generation logistics-specialized AI systems, including autonomous task agents and real-time voice-enabled AI agents capable of assisting shippers, carriers, and brokers across a wide range of operational workflows. Integration of Fetch AI’s technology into Fr8Tech’s emerging AI agent ecosystem will support multi-agent collaboration for freight procurement, scheduling, exception handling, and real-time communication.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-11-20T14:46:26+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/11/20/3192076/0/en/freight-technologies-announces-strategic-agreement-to-advance-agentic-ai-initiative.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-the-commercial-launch-of-zayren-ai-powered-freight-rate-prediction-carrier-matching-platform", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-the-commercial-launch-of-zayren-ai-powered-freight-rate-prediction-carrier-matching-platform", "title": "Freight Technologies Announces the Commercial Launch of Zayren – AI-Powered Freight Rate Prediction & Carrier Matching Platform", "summary": "New AI-Powered Pricing Tool Delivers Real-Time Rate Predictions and Intelligent Carrier Matching for Shippers and Carriers in Mexico and the U.S.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced the commercial launch of Zayren, an artificial intelligence (“AI”) based, machine learning pricing-prediction tool and carrier-matching platform designed specifically for cross-border and domestic over-the-road (“OTR”) freight shipments across Mexico and the United States.
\nDeveloped by Fr8Tech’s in-house AI Lab or the Artificial Intelligence Lab, Zayren provides real-time freight-rate predictions, enabling shippers and brokers to access instant pricing insights for cross-border and domestic loads. The platform features an integrated AI agent that assists users in identifying available carriers for desired lanes to automate and accelerate the freight procurement and matching process.
\nKey features of the Zayren product launch include:
\nReal-time rate estimations for US–Mexico cross-border and domestic freight shipments, enabling users to benchmark lane pricing and quickly react to dynamic market conditions.
\nAI-powered carrier-matching agents that provide curated lists of verified carriers with direct contact information for procurement teams across manufacturers and freight forwarders.
\nExclusive access for Fleet Rocket TMS users who can immediately leverage Zayren’s predictive pricing and carrier-matching capabilities during the initial rollout.
\nShippers and brokers can request demos of Zayren, allowing interested companies to sign up today and receive evaluation access to the platform. Standard pricing applies for continued use following the demo.
\nCarriers can receive a 90-day free trial to join the Zayren network, upload preferred lanes, and connect with shippers and brokers at no cost during the trial period.
\n“Zayren marks a major step forward in how freight procurement and execution will operate in the U.S.–Mexico corridor,” said Javier Selgas, Chief Executive Officer of Freight Technologies. “By uniting our AI Lab’s machine-learning pricing engine with automated carrier matching and a verified contact network, we’re giving shippers, brokers, and carriers the tools to move faster, cut costs, and gain unprecedented transparency. As cross-border logistics become ever more complex, Zayren delivers smarter, data-driven decision-making capabilities that operators need to be successful in this market.”
\n“With Zayren, we’re applying state-of-the-art machine learning to one of the logistics industry’s toughest challenges: price volatility,” said Umberto León Domínguez, Director of the AI Lab at Freight Technologies. “The platform analyzes vast volumes of cross-border freight data to deliver accurate, real-time rate predictions that continuously improve — and its adaptability allows companies to enhance the model with their own data. This is a true game changer in logistics automation, and it’s only the beginning of what our AI Lab has in store as we continue advancing the technology powering the future of freight.”
\nLooking ahead, Freight Technologies plans to deploy voice-enabled AI agents with additional logistics functionalities in 2026. These capabilities are being developed internally by the Company’s AI Lab, further expanding Fr8Tech’s in-house AI-driven automation across the freight transportation ecosystem.
\nTo learn more about Zayren, please visit zayren.ai
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-11-19T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/11/19/3190999/0/en/freight-technologies-announces-the-commercial-launch-of-zayren-ai-powered-freight-rate-prediction-carrier-matching-platform.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-advances-fleet-rocket-tms-with-expanded-gps-network", "url": "https://fr8technologies.com/en/press/freight-technologies-advances-fleet-rocket-tms-with-expanded-gps-network", "title": "Freight Technologies Advances Fleet Rocket TMS with Expanded GPS Network", "summary": "Fleet Rocket’s Fr8Radar Module Adds 23 New GPS Providers to its NetworkWith 54 Integrated GPS Providers, Fleet Rocket is One of the Most Connected and Intelligent TMS Platforms in North America", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced further enhancement and expansion of Fleet Rocket, a cloud-based Transportation Management System (TMS) designed to improve visibility, automation, and intelligence across the logistics chain.
\nThrough its Fr8Radar module, Fleet Rocket has integrated 23 additional GPS systems in the past year, bringing the total to 54 GPS providers connected to the platform. This growth is part of Fr8Tech’s long-term strategy to make Fleet Rocket one of the most connected, integrated and intelligent TMS solutions in the logistics industry.
\nFleet Rocket’s Fr8Radar serves as the bridge between shippers, carriers, and fleets, aggregating real-time geolocation data directly from GPS hardware across trucks and trailers in the U.S. and Mexico. With integration partners including FourKites, Samsara, Tecnomotum, and many other leading GPS providers in both markets, Fr8Tech continues to expand the network in line with its fast-growing carrier base.
\n“This expansion reflects our ongoing strategy to make Fleet Rocket not just more powerful, but powerfully connected,” said Javier Selgas, CEO of Freight Technologies. “We’re proud to count the main GPS providers in Mexico and the U.S. among our integration partners. Every new integration strengthens our ability to provide real-time visibility, risk mitigation, and operational intelligence — and it’s remarkable to note that, while other companies specialize exclusively in GPS integration, for Fr8Tech, this capability is simply one of many within a broader enterprise system.”
\nFleet Rocket continues to rapidly evolve its modular architecture to deliver new capabilities, enhance transparency, bolster security, and improve performance across Fr8Tech’s cross-border logistics network. The expansion of F8Radar further reinforces the Company’s commitment to building the digital backbone for modern freight operations in North America.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-10-27T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/10/27/3174630/0/en/freight-technologies-advances-fleet-rocket-tms-with-expanded-gps-network.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-powered-automated-invoice-validation-in-fleet-rocket-tms-and-fr8app-platforms", "url": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-powered-automated-invoice-validation-in-fleet-rocket-tms-and-fr8app-platforms", "title": "Freight Technologies Launches AI-Powered Automated Invoice Validation in Fleet Rocket TMS and Fr8app Platforms", "summary": "New AI Automation Streamlines Freight Billing, Enhances Regulatory Compliance, and Reduces Manual Errors for Carriers and Shippers Across North America.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced the successful rollout of a new AI-powered automation module within its flagship Fr8app and Fleet Rocket Transport Management System (TMS) platforms.
\nThe new AI feature, Carrier Auto Invoicing, is a large language model (LLM) assisted data extraction and validation module, designed to identify and standardize structured fields from XML and PDF documents. This innovation and roll-out will enable faster, more accurate invoice verification while ensuring compliance with Mexico’s Comprobantes Fiscal Digital por Internet (CFDI) electronic invoicing regulations under the Servicio de Administración Tributaria (SAT).
\nAI and Automation Streamline Freight Billing
\nWith the new automation, carriers and back-office teams can upload all required documentation for invoicing, including official XML and PDF invoices. The platform performs automatic end-to-end validation and can autonomously execute segment or shipment status updates within system workflows, minimizing manual input and potential errors.
\nThe system generates traceable, auditable validation records and provides real-time alerts via integrated automated billing logs and error channels for quick issue resolution.
\n“This launch marks a significant step forward in operational efficiency and compliance for our customers in Mexico and across North America,” said Javier Selgas, CEO of Freight Technologies. “By integrating AI and automation directly into our workflow platforms, we’ve removed one of the most notoriously time-consuming manual tasks in traditional freight billing, enabling the delivery of faster settlements, improved accuracy, and enhanced fiscal transparency. This innovation also reflects Fr8Tech’s commitment to building technology solutions that go beyond digital freight forwarding services as we continue to transform our portfolio with scalable SaaS products designed to help carriers and shippers automate critical processes and unlock efficiency gains across North America.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-10-17T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/10/17/3168640/0/en/freight-technologies-launches-ai-powered-automated-invoice-validation-in-fleet-rocket-tms-and-fr8app-platforms.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-provides-update-on-its-public-filings-procedures", "url": "https://fr8technologies.com/en/press/freight-technologies-provides-update-on-its-public-filings-procedures", "title": "Freight Technologies Provides Update on its Public Filings Procedures", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced updates to its public filing procedures.
\nOn September 22, 2024, Freight Technologies, Inc. (the “Company”) determined that as of June 30, 2025 it satisfied the definition of “foreign private issuer” under the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). As a result, the Company will begin filing with the SEC Current Reports on Form 6-K and Annual Reports on Form 20-F (beginning with the annual report for fiscal year 2025), as well as proxy statements with respect to meetings of shareholders.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-09-22T00:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/freight-technologies-fortifies-collaboration-with-amazon-mexico-through-direct-system-integration", "url": "https://fr8technologies.com/en/press/freight-technologies-fortifies-collaboration-with-amazon-mexico-through-direct-system-integration", "title": "Freight Technologies Fortifies Collaboration with Amazon Mexico through Direct System Integration", "summary": "Fr8App to enhance operational efficiency by providing precise unit location and continual movement tracking data", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, continues to expand its role in supporting Amazon Mexico. Building on the expanded services announced in June 2024, Fr8Tech now integrates directly with Amazon Mexico’s internal tracking system, providing enhanced real-time visibility and operational oversight.
\nSince 2023, Fr8Tech has been a logistics service provider for Amazon Mexico, supporting high-demand seasonal operations and cross-border shipments. Fr8App is now enhancing its geolocation services to Amazon Mexico by providing precise unit location and continual movement tracking data to Amazon Mexico’s logistics operations. The integration allows Amazon Mexico to automate monitoring, detect unauthorized stops, and streamline alerts, improving delivery expectations and operational efficiency.
\nJavier Selgas, CEO of Freight Technologies, said, “Our ongoing and successful collaboration with Amazon Mexico over the years demonstrates Fr8App’s reliability and scalability. Now, by integrating directly into their system, we are elevating operational efficiency to a new level. This capability not only strengthens our existing relationship but also showcases Fr8Tech’s ability to deliver seamless and innovative, technology-driven solutions that create measurable value for global clients and their expansive operations.\"
\nThis development emphasizes Fr8Tech's commitment to perpetual logistics operations improvement through its platform’s structural capability to continually adapt to and meet the complex, technology-driven requirements of major global logistics operations.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-09-15T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/09/15/3150027/0/en/Freight-Technologies-Fortifies-Collaboration-with-Amazon-Mexico-through-Direct-System-Integration.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-second-quarter-2025-results", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-second-quarter-2025-results", "title": "Freight Technologies Announces Second Quarter 2025 Results", "summary": "Profit margin % improvement | Lower net loss | Fleet Rocket sales", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, released its results for the second quarter ended June 30, 2025, on August 18, 2025.
\n“In the second quarter of 2025, we made further progress on the technological elements of our offerings and continued our transition to a SaaS provider in the logistics space. Fr8Tech completed initial sales of Fleet Rocket, a Transportation Management System (TMS) software solution, released several new features to Fr8App, and improved the operating margins on its brokerage business. Although higher tariffs and trade policy uncertainty impacted the brokerage business in the second quarter, we achieved profitability during the quarter through our crypto investments and through ongoing operational improvements. We remain as focused as ever on our mission and commitment to leading digital logistics innovation,” said Javier Selgas, CEO of Fr8Tech.
\nBusiness Highlights
\n● Completed initial enterprise sales of Fleet Rocket, our cost-effective Transportation Management System (TMS) software solution to optimize freight brokerage and shipping operations.● Released several new features and capabilities to Fr8App and Fr8Fleet most prominently with deeper integration and electronic data interchange (EDI) connections and cross-functionality with customer platforms.● Created initial prototypes of AI Logistics Worker agents that interact with dispatchers to enhance day-to-day coordination and efficiency. Our Fr8Tech AI Lab, a collaboration with the University of Monterrey, created the agents with the ASI1-Fast model of our development partner Fetch.ai.● Expanded cryptocurrency treasury with the purchase of Official Trump coins, building on the initial acquisition of FET tokens.
\nFinancial Highlights
\n● Achieved a net profit of $649 thousand, a 21.7% net profit margin, for the three months ended June 30, 2025, demonstrating initial value of our cryptocurrency treasury.● Operating loss improved year-over-year from -$1.7 million in Q2 2024 to -$1.5 million in Q2 2025 on higher margin brokerage business and lower operating expenses.● For the six months ended June 30, 2025, increased cash position, lowered interest expense and increased the Company’s equity position.
\n2025 Annual Outlook
\nAs a result of: (1) the Company’s transition to focus on higher margin software sales and AI innovations; (2) selective customer engagement with our freight brokerage services, (3) and, potential economic impact of higher tariffs on US-Mexico cross border trade, the Company is lowering its revenue and operating margin outlook for 2025. Our revised outlook for the full year 2025 is:
\n● Revenue: $13 million to $16 million● Operating Loss: -$4.5 million to -$6.3 million
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-08-21T12:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/08/21/3137064/0/en/freight-technologies-announces-second-quarter-2025-results.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-secures-multi-year-saas-contract-with-salzillo-to-license-fleet-rocket-tms", "url": "https://fr8technologies.com/en/press/freight-technologies-secures-multi-year-saas-contract-with-salzillo-to-license-fleet-rocket-tms", "title": "Freight Technologies Secures Multi-Year SaaS Contract with Salzillo to License Fleet Rocket TMS", "summary": "Fr8Tech’s Fleet Rocket Software to Streamline Cross-Border Trucking Operations for Industry Veteran Salzillo", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, announced today that it has signed a two-year contract with Fletes y Distribuciones Conver S.A.P.I. de C.V. (Salzillo) to license its Fleet Rocket Transportation Management System (TMS). The system will support Salzillo’s logistics operations across Mexico, the United States and Canada.
\nMore logistics providers are turning to digital solutions to enhance their competitive position, and Salzillo’s adoption of Fleet Rocket reflects that broader industry shift toward smarter, tech-enabled operations. Salzillo will leverage a robust TMS designed to streamline processes, increase shipment visibility, and strengthen control over complex cross-border movements—ultimately enabling greater efficiency and scalability across its fleet of trucks and freight services serving the USMCA region.
\nFleet Rocket is a nimble, scalable, and cost-effective TMS designed for brokers, shippers, and other logistics operators. Specifically built to simplify the complexities of managing domestic and international logistics, Fleet Rocket empowers companies to enhance their supply chain operations across North America.
\n“We are excited to support Salzillo in their digital transformation journey,” said Javier Selgas, CEO of Fr8Tech. “Fleet Rocket is the ideal platform for companies looking to strengthen their logistics capabilities across North America, and we’re proud to see it adopted by a company with Salzillo’s experience and national footprint.”
\nFounded in 2007 and based in León, Guanajuato, Salzillo specializes in full truckload freight transportation. With routes spanning major industrial corridors in Mexico—such as Mexico City, Toluca, Monterrey, Guadalajara, Aguascalientes, Querétaro, and Tijuana—the company brings over 30 years of transportation industry experience. Salzillo is a member of both CANACAR (Cámara Nacional del Autotransporte de Carga) and CANACINTRA (Cámara Nacional de la Industria de Transformación), reflecting its deep roots in the national logistics community.
\nTo schedule a demo, start your free trial, or learn more about Fleet Rocket, please visit FleetRocket.io
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-07-28T12:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/07/28/3122470/0/en/freight-technologies-secures-multi-year-saas-contract-with-salzillo-to-license-fleet-rocket-tms.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-and-fetch-ai-expand-strategic-ai-collaboration-with-asione-powered-voice-agents", "url": "https://fr8technologies.com/en/press/freight-technologies-and-fetch-ai-expand-strategic-ai-collaboration-with-asione-powered-voice-agents", "title": "Freight Technologies and Fetch.ai Expand Strategic AI Collaboration with ASI:One-Powered Voice Agents", "summary": "New Autonomous Agents Developed Using Fetch.ai’s ASI:One Model Demonstrate Breakthrough Accuracy and Fluency in Logistics Data Collection", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-driven logistics company, today announced a major step forward in its artificial intelligence (AI) strategy. As part of its ongoing collaboration with Fetch.ai, Fr8Tech has deployed AI-powered voice agents using Agentverse, Fetch.ai’s decentralized platform for autonomous agents, powered by ASI:One, its flagship agentic LLM. This deployment represents a key milestone in Fr8Tech’s move toward smarter, decentralized logistics systems and highlights the company’s growing role in the emerging ecosystem of AI-native supply chain solutions.
\nReal-World Results: Voice Agents That Understand the Road
\nFr8Tech’s in-house AI Lab conducted extensive testing of various agent configurations in simulated real-world logistics scenarios. The ASI1-Fast Agent, part of the ASI:One family, came out on top, demonstrating industry-leading accuracy and reliability in natural voice interactions – particularly in Spanish, which is critical for many of Fr8Tech’s customers and partners.
\nKey performance highlights include:
\n69% exact match rate with human-verified responses
\n0.9 Levenshtein similarity, showing strong alignment with expected phrasing
\n2.5 fluency ratio, indicating smooth and natural conversational ability
\nThese voice agents can extract structured data like license plate numbers, driver names, and tractor IDs, paving the way for real-time automation of key logistics tasks. Based on these results, Fr8Tech is moving forward with a pilot rollout of the ASI1-Fast Agent, integrated with LiveKit WebRTC for real-time communication.
\nLogistics AI Moves into the Agentverse
\nWith the shift to Fetch.ai’s Agentverse, Fr8Tech’s voice agents are now fully autonomous – able to communicate, reason, and learn from logistics data on their own. This unlocks a new era of intelligent automation across Fr8Tech’s digital platforms, including Fleet Rocket (its transportation management software) and Fr8App (its digital freight marketplace).
\n“Our collaboration with Freight Technologies showcases the true potential of autonomous agents in complex, real-world industries like logistics,” said Humayun Sheikh, CEO of Fetch.ai. “By adopting Agentverse and the ASI:One model, Fr8Tech is tapping into a new level of automation and intelligence that was previously out of reach. This is just the beginning of what decentralized AI can do for global supply chains.”
\nPowering the Future of Freight with Smarter Agents
\n“The integration of ASI:One into our voice bots is a meaningful step toward building more scalable and intelligent logistics systems,” said Javier Selgas, CEO of Fr8Tech. “Our internal testing confirmed that ASI1-Fast Agent is especially effective in voice-based data capture. By deploying these agents in Agentverse, we’re setting the stage to automate mission-critical workflows across the freight ecosystem.”
\nLooking ahead, Fr8Tech and Fetch.ai will continue working together to expand the use of decentralized AI agents across a wide range of logistics functions – from automated load tendering and predictive routing to digital contract management and beyond.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-07-16T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/07/16/3116459/0/en/freight-technologies-and-fetch-ai-expand-strategic-ai-collaboration-with-asi-one-powered-voice-agents.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-the-addition-of-reckitt-benckiser-de-mexico-to-its-expanding-client-portfolio", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-the-addition-of-reckitt-benckiser-de-mexico-to-its-expanding-client-portfolio", "title": "Freight Technologies Announces the Addition of Reckitt Benckiser de Mexico to its Expanding Client Portfolio", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is pleased to announce that Reckitt Benckiser de México, a global leader in health, hygiene and nutrition, has become one of its valued clients.
\nThis development demonstrates Fr8Tech’s ongoing ability to gain traction with globally recognized companies seeking modern, reliable logistics solutions in the North American market.
\n“We are proud to count Reckitt Benckiser de México among our clients,” said Javier Selgas, CEO of Fr8Tech. “The opportunity to work with well respected, global companies is a strong validation of our platform and the value we bring to the logistics ecosystem. It reflects our ability to meet the demands of leading organizations across various industries and to bring smart solutions to their logistics operations.”
\nThe Company continues to invest in technology and network expansion to better serve cross-border and domestic shipping needs within the USMCA region. Its real-time data tools, integrated communication features, and scalable infrastructure are designed to improve visibility, reduce costs, and streamline logistics management for a wide range of businesses.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-07-07T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/07/07/3111042/0/en/freight-technologies-announces-the-addition-of-reckitt-benckiser-de-mexico-to-its-expanding-client-portfolio.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-two-year-fleet-rocket-contract-with-accel-logistica", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-two-year-fleet-rocket-contract-with-accel-logistica", "title": "Freight Technologies Announces Two-Year Fleet Rocket Contract with Accel Logistica", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, is pleased to announce that it has signed a two-year contract with Accel Comercial, S.A. de C.V. (“Accel Logistica”), to license Fleet Rocket, Fr8Tech’s advanced Transportation Management System (TMS) software platform.
\nAccel Logistica provides comprehensive logistics and supply chain solutions, offering services that include merchandise management (collection, sorting, warehousing, and delivery), inventory control, copacking, and cross-docking, among others. With facilities across Mexico, Accel Logistica serves a wide range of customers, including multinational corporations, retailers, and food service providers, helping them keep their operations running smoothly and efficiently.
\nFleet Rocket is a flexible, scalable and cost-effective TMS software platform developed to support shippers, brokers, and logistics providers across the USMCA region. Accel Logistica will utilize a comprehensive suite of Fleet Rocket modules tailored to improve operational efficiency, visibility and communication across its logistics network.
\nUnder the contract, Accel Logistica will leverage key Fleet Rocket capabilities, including:
\nDedicated Fleet Management
\nGPS Monitoring
\nAI-powered Tendering Bot
\nOcean Freight Booking
\nMobile App Access
\nChat and WhatsApp Messaging
\nAutomated Email Alerts
\nDashboard Analytics & Reporting
\nETA Calculations
\nCustomized ERP Integration
\n“Accel Logistica is a well-established logistics provider with a deep understanding of the Mexican and cross-border supply chain landscape,” said Javier Selgas, CEO of Fr8Tech. “Their decision to implement Fleet Rocket validates the growing need for agile and customizable platforms that enhance logistics management, communications, and support data-driven operations. We’re excited to contribute to their continued success.”
\nTo schedule a demo, start your free trial, or learn more about Fleet Rocket, please visit fleetrocket.io
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-06-30T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/06/30/3107539/0/en/freight-technologies-announces-two-year-fleet-rocket-contract-with-accel-logistica.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-exchanges-senior-convertible-notes-for-series-a4-preferred-shares-under-the-20-million-facility", "url": "https://fr8technologies.com/en/press/freight-technologies-exchanges-senior-convertible-notes-for-series-a4-preferred-shares-under-the-20-million-facility", "title": "Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under the $20 Million Facility", "summary": "Notes now convertible into series A4 preferred shares | $1.5 million of notes converted", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced it has entered into an Amendment and Exchange Agreement (the “Exchange Agreement”) with one of its accredited investors, under the Securities Purchase Agreement, dated April 29, 2025, (the “Facility”). Net proceeds from the $20 million Facility are designated for the purchase of OFFICIAL TRUMP coins. Under the terms of the Exchange Agreement, the investor will exchange certain previously issued senior convertible notes for Series A4 preferred shares (the “New Preferred Shares”) of the Company.
\nConcurrently, the accredited investor is converting $1.5 million of previously issued senior convertible notes into 387,305 New Preferred Shares. The New Preferred Shares are convertible, in whole or in part, into ordinary shares of the Company with no par value per share (the “Ordinary Shares”) in accordance with the terms of the Amended and Restated Memorandum and Articles of Association. The Company is required to reserve a sufficient number of Ordinary Shares to permit the conversion of the New Preferred Shares.
\nThe Exchange Agreement provides that the aggregate number of Ordinary Shares issued upon conversion of New Preferred Shares shall not exceed 19.9% of the outstanding Ordinary Shares as of the date of the Exchange Agreement, unless and until stockholder approval is obtained in accordance with the rules and regulations of the Nasdaq Capital Market.
\nThe foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 8-K dated May 27, 2025, announcing the execution of the Agreement.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-05-28T00:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-first-quarter-2025-results", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-first-quarter-2025-results", "title": "Freight Technologies Announces First Quarter 2025 Results", "summary": "Gross margin % improvement | Lower net loss | Fleet Rocket launch", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, released its results for the first quarter ended March 31, 2025, on May 16, 2025.
\n“In the first quarter of 2025, the Company continued to build on the transformative progress of 2024. We delivered further improvements across several key metrics including gross margins and cash flow from operations, extended agreements with several multinational enterprises, successfully launched Fleet Rocket, and introduced our advanced AI-powered Tendering Bot. Despite initial headwinds from a challenging and uncertain macroeconomic trade environment, we were able to progress the profitability of the brokerage business and advance our solution set. We remain focused on our mission and commitment to leading digital logistics innovation,” said Javier Selgas, CEO of Fr8Tech.
\nBusiness Highlights
\nLaunched Fleet Rocket, a cost-effective Transportation Management System (TMS) software solution to optimize freight brokerage and shipping operations.
\nReleased several new features and capabilities to Fr8App and Fr8Fleet including: AI-powered Tending Bot; mobile app for dispatchers; new tracking integrations with GPS providers and facility locations; attendance control; WhatsApp notifications updates; multi-stop documentation; and additional integrations with customer platforms.
\nStarted the Fr8Tech AI Lab in collaboration with the University of Monterrey to sustain ongoing development of AI-based technologies to transform logistics operations.
\nPurchased $5.2 million of FET tokens to initiate a cryptocurrency treasury and to collaborate with the Fetch Foundation to accelerate AI-driven product developments.
\nFinancial Highlights
\nGross margin percentage increased 7.0% year-over-year to 12.4% in Q1 2025 from 5.4% in Q1 2024, as the Company remained focused on profitable routes in the cross-border and domestic spot markets and realized efficiencies in its dedicated services.
\nCash flow from operations improved by $0.2 million year-over-year to ($3.1) million in Q1 2025 from ($3.3) million in Q1 2024 primarily due to improved margins.
\nNet loss improved year-over-year by $0.7 million to ($1.6) million in Q1 2025 from ($2.3) million in Q1 2024, on higher gross margins percentage and lower operating expenses.
\n2025 Annual Outlook
\nPrimarily as a result of the expected economic impact of higher tariffs on US-Mexico cross border trade, the Company is lowering the high-end of its revenue and margin outlook for 2025. The Company believes it can recover most, if not all, cross-border volume with domestic shipments across Fr8App and Fr8Fleet, but remains cautious given the current uncertainty surrounding official trade policy between the two countries. Revised outlook for 2025 is:
\nRevenue: $20 million to $23 million
\nGross Profit: $2 million to $2.8 million
\nOperating Loss: -$4.2 million to -$5.5 million
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-05-20T12:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/05/20/3084872/0/en/freight-technologies-announces-first-quarter-2025-results.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-to-purchase-additional-1-million-of-official-trump-tokens", "url": "https://fr8technologies.com/en/press/freight-technologies-to-purchase-additional-1-million-of-official-trump-tokens", "title": "Freight Technologies to Purchase Additional $1 Million of Official Trump Tokens", "summary": "Company issues additional $1 million of convertible notes from existing $20 million facility", "content_html": "-Continues advocacy for fair and free trade across the US-Mexico border-
\nHOUSTON – May 12, 2025 — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced that it has issued two additional convertible notes for $1 million for purchasing Official Trump (“TRUMP”) tokens. This transaction increases Fr8Tech’s purchases of TRUMP to $2 million.
\nJavier Selgas, Chief Executive Officer of Fr8Tech, commented, “Fr8Tech’s continued investment into TRUMP puts us at the intersection of finance and advocacy. It reflects our confidence in the long-term value and utility of blockchain-based digital assets and provides a unique opportunity to champion fair and free trade across the US-Mexico border in the interests of our customers.”
\n“While Mexican President Claudia Sheinbaum’s recent comments that the US and Mexico are ‘…working in the coming days on options to improve our trade balance and advance outstanding issues for the benefit of both countries’ is encouraging, we see no reason why a collaborative and constructive framework for fair and free trade cannot be established now. Cross-border trade totaled $840 billion last year, sustained thousands of companies, and supported millions of jobs. We believe both countries have the tools and resources to simultaneously resolve current challenges, such as the flow of fentanyl and other narcotics, and maintain legitimate cross-border commerce,” concluded Selgas.
\nFr8Tech’s Chief Financial Officer, Don Quinby, added, “We completed the purchase of TRUMP from the initial $1 million convertible notes, and are excited to deepen our cryptocurrency treasury with this second $1 million tranche. As of midday May 11, 2025, the value of our digital assets, including FET tokens and the initial $1 million purchase of TRUMP, was approximately $10.7 million.”
\nFor further details, please see the full text of the Company’s related Form 8-Ks filed on May 9, 2025, and April 30, 2025.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-05-12T12:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/05/12/3079120/0/en/freight-technologies-to-purchase-additional-1-million-of-official-trump-tokens.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-secures-up-to-usd-20-million-to-create-an-official-trump-token-trump-treasury", "url": "https://fr8technologies.com/en/press/freight-technologies-secures-up-to-usd-20-million-to-create-an-official-trump-token-trump-treasury", "title": "Freight Technologies Secures up to USD $20 Million to Create an Official Trump Token ($TRUMP) Treasury", "summary": "Capital dedicated for the strategic accumulation of Official Trump ($TRUMP) cryptocurrency", "content_html": "-Creates diversified crypto treasury strategy alongside recent purchase of FET tokens-
\nHOUSTON – April 30, 2025 — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced that it has entered into an agreement for the issuance of convertible notes (the “Agreement”) through a facility of up to USD $20 million with an institutional investor signed on April 29, 2025. Capital from the financing is exclusively earmarked for purchasing Official Trump Tokens ($TRUMP), making Fr8Tech one of the first public companies to make $TRUMP a cornerstone of its digital asset strategy.
\nJavier Selgas, Chief Executive Officer of Fr8Tech added, “At the heart of Fr8Tech’s mission is the promotion of productive and active commerce between the United States and Mexico. Mexico is the United States’ top goods trading partner, with Mexico being the leading destination for US exports and the top source for US imports. As US Treasury Secretary Scott Bessent recently stated, ‘I wish to be clear: America First does not mean America alone. To the contrary, it is a call for deeper collaboration and mutual respect among trade partners.’”
\n“The recent acquisition of FET Tokens to our treasury combined with the AI solutions FET supports, continues to help us develop our technology. We believe that the addition of the Official Trump tokens are an excellent way to diversify our crypto treasury, and also an effective way to advocate for fair, balanced, and free trade between Mexico and the US.”
\nPursuant to the financing, the Company intends to initially issue notes in the aggregate principal amount of USD $1 million in its first tranche, with additional capacity of up to USD $19 million available in subsequent drawdowns, subject to certain conditions. This transaction to purchase Official Trump tokens advances Fr8Tech’s strategy to build a diversified digital asset treasury, following its recent acquisition of FET tokens (currently valued at approximately $8 million as of April 29, 2025).
\nThe foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 8-K dated April 30, 2025, announcing the execution of the Agreement.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-04-30T12:30:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/04/30/3071329/0/en/freight-technologies-secures-up-to-usd-20-million-to-create-an-official-trump-token-trump-treasury.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-integrates-with-blue-yonder-tms-through-bayer-to-optimize-supply-chain-efficiency", "url": "https://fr8technologies.com/en/press/freight-technologies-integrates-with-blue-yonder-tms-through-bayer-to-optimize-supply-chain-efficiency", "title": "Freight Technologies Integrates with Blue Yonder TMS to Optimize Supply Chain Efficiency", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, is pleased to announce its integration with supply chain management company Blue Yonder’s Transportation Management System (“TMS”).
\nFr8Tech has integrated its Fr8App platform with one customer´s instance of Blue Yonder through an Electronic Data Interchange (“EDI”) to help optimize logistics and supply chain management. This direct integration enables automated data exchanges, eliminates manual processes and ensures faster, more accurate communication. Connecting Fr8Tech’s logistics platform with a TMS through EDI will allow for enhanced shipment visibility, reduced lead times, and optimized resource allocation – improving overall supply chain efficiency and operational goals.
\nJavier Selgas, CEO of Fr8Tech added, “This seamless and rapid integration is a testament to Fr8Tech’s highly flexible platform solutions, enabling our customers to achieve greater operational efficiency in their supply chain management. This development also further strengthens Fr8Techs’ position as a trusted and leading provider of logistics solutions powered by AI and machine learning.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-04-25T00:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ] }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-full-year-2024-results-and-outlook-for-2025", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-full-year-2024-results-and-outlook-for-2025", "title": "Freight Technologies Announces Full Year 2024 Results and Outlook for 2025", "summary": "Gross margin % improvement | Lower net loss | Improved cash flow from operations", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced its results for the full year ended December 31, 2024.
\n“2024 was a transformative year for Fr8Tech, highlighted by improvements across several key metrics including gross margins and cash flow from operations. In July, we launched Waavely, a state-of-the-art platform for ocean freight booking and management which continues to successfully handle ocean freight. The Company also on-boarded many new customers to its platform in 2024, with continued momentum in the first quarter 2025, including new or expanded agreements with several multi-national enterprises. In 2025 we continue to demonstrate our commitment to innovation, with the successful launch of Fleet Rocket, our cost-effective Transportation Management System (TMS) for brokers, shippers and other logistics operators, and the introduction of our advanced AI Tendering Bot, designed to automate and streamline the load tendering process. Cumulatively, these activities and advancements position Fr8Tech as a comprehensive digital freight-logistics technology company. We remain focused on the expansion and adoption of our innovative and cost-effective solutions, and our automation-driven service offerings and lean corporate positioning enable the Company and our customers to best navigate the current macroeconomic trade environment,” said Javier Selgas, CEO of Fr8Tech.
\nBusiness Highlights
\nThe Company released many new features and capabilities to Fr8App including:18 tracking integrations with GPS providers; ETA calculations; automatic status updates; WhatsApp notifications; bespoke integrations with customer platforms; facilities management; and, new reports and analytics.
\nThe Company made substantial progress with the development and showcasing of Fleet Rocket, which was formally launched in February 2025.
\nWaavely, an ocean freight booking and management platform for container shipments, was launched in July 2024.
\nFr8Fleet, the Company’s dedicated capacity service, realized 42% year-over-year revenue growth.
\nWith a more than 80% response rate on a customer satisfaction survey, Fr8Tech received highly positive customer feedback on logistics and customer service with average scores greater than four out of five.
\nThe Company achieved ISO 9001:2015 certification, demonstrating its commitment to quality controls and best-in-class management standards.
\nFinancial Highlights
\nGross margin percentage increased 1.8% year-over-year to 9.8% in 2024 from 7.9% in 2023 as the Company actively sought more profitable routes in the cross-border and domestic spot markets and made operational efficiency improvements to its dedicated services.
\nCash flow from operations improved by $1.6 million year-over-year to -$4.2 million from -$5.8 million in 2023 primarily due to improved margins, faster collections and better working capital management.
\nNet loss improved year-over-year by $3.7 million to -$5.6 million in 2024 from -$9.3 million in 2023, despite lower revenue, due to higher gross margin percentage, lower operating expenses and efficiencies, and extinguishing long-term debt.
\n2025 Annual Outlook
\nThe Company expects to continue to improve its financial results in 2025, as it transitions further to a leading logistics technology provider with its software offering and AI-powered solutions across the Fr8App platform.
\nRevenue: $20 million to $25 million
\nGross Profit: $2 million to $3 million
\nOperating Loss: -$4 million to -$5.5 million
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-04-14T13:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/04/14/3060968/0/en/freight-technologies-announces-full-year-2024-results-and-outlook-for-2025.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-ai-lab-to-enhance-cross-border-freight-logistics", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-ai-lab-to-enhance-cross-border-freight-logistics", "title": "Freight Technologies Announces AI Lab to Enhance Cross-Border Freight Logistics", "summary": "AI Lab to enable smarter freight operations for customers by developing and integrating cognitive AI solutions.Freight Technologies has established a strategic collaboration with the University of Monterrey’s AI Program to advance AI-powered logistics innovation.", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, proudly announces the launch of its AI Lab, a pioneering initiative dedicated to revolutionizing cross-border freight operations between the United States and Mexico. By entering into a memorandum of understanding (the “MOU”) with University of Monterrey, the Company is setting new industry standards in Mexico, harnessing machine learning to create intelligent, self-optimizing logistics solutions and integrating cognitive Artificial Intelligence (“AI”) systems into its technology-driven solutions.
\nFreight Technologies’ AI Lab
\nIn collaboration with University of Monterrey, the Company is committed to developing AI from the ground up, through rigorous research, iterative testing, and continuous refinement. Freight Technologies’ AI Lab is a dedicated AI innovation hub, where advanced machine learning meets logistics at its core. This research-driven, data-intensive initiative aims to expand the potential of AI applications in the freight industry.
\nWhat sets the AI Lab apart is its unparalleled access to real-world logistics data, spanning thousands of shipments, lanes, and cross-border trade patterns. With such large datasets of domestic and cross-border over-the-road shipments, AI Lab is uniquely positioned to develop AI systems that go beyond prediction and optimization. We are creating AI solutions that comprehend the details and intricacies of freight movements and that can be tailored for specific customer needs, designed to achieve targeted outcomes across various dynamic parameters.
\nMission of AI Lab
\nDevelop AI-powered logistics products with tangible, real-world applications
\nLeverage cognitive architectures to enhance decision-making and automation
\nFoster collaboration between academia and industry to advance AI research
\nAttract and nurture top AI talent to build a networked team of leading technologists
\nAI Innovation Hub: Industry-Academia Collaboration
\nThe Company has established a strategic collaboration with the University of Monterrey’s AI Program under the MOU, forming a powerful ecosystem where university professors, PhD researchers, and students collaborate on cutting-edge AI advancements. This collaboration enables:
\nEmpowerment of future AI innovators, providing students with hands-on experience, cutting-edge resources, and access to real-world freight technology applications
\nMutual benefits for academia and industry, as the Company gains access to top AI talent while students work on impactful, real-world projects
\nNetwork expansion, with plans to extend collaborations to other leading universities and AI research institutions
\n“It is of utmost importance that academic initiatives are directed towards real, high-impact projects and that a synergy is fostered between students and the freight industry”. – Dr. Antonio Martínez Torteya, Associate Professor at the University of Monterrey, specializing in Artificial Intelligence.
\n“We trust that, over time, the ties between our AI Program and the Company will continue to strengthen”. – Dr. Irving Cruz-Matías, Associate Professor at the University of Monterrey, specializing in Computing.
\nFr8Tech CEO, Javier Selgas, noted, “Freight Technologies’ AI Lab marks a new era in logistics, where AI is not just a tool but a foundational pillar of innovation. With a commitment to research, collaboration, and technological advancement, the Company is poised to transform the logistics landscape, making cross-border freight more efficient, intelligent, and future-ready.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-04-11T13:15:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/04/11/3060105/0/en/freight-technologies-announces-ai-lab-to-enhance-cross-border-freight-logistics.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-enters-into-securities-purchase-agreement-with-fetch-compute-to-acquire-tokens-in-one-of-the-largest-decentralized-artificial-intelligence-computing-networks", "url": "https://fr8technologies.com/en/press/freight-technologies-enters-into-securities-purchase-agreement-with-fetch-compute-to-acquire-tokens-in-one-of-the-largest-decentralized-artificial-intelligence-computing-networks", "title": "Freight Technologies Enters into Securities Purchase Agreement with Fetch Compute to Acquire Tokens in One of the Largest Decentralized Artificial Intelligence Computing Networks", "summary": "Creates asset diversification in addition to a crypto treasury and platform for Freight Technologies to introduce crypto to the Over-the-Road (OTR) carrier and logistics markets", "content_html": "– Freight Technologies and Fetch.AI to collaborate on a development partnership to further blockchain and AI technologies in the logistics space –
\nHOUSTON – April 1, 2025 — Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, announced today it has entered into a Securities Purchase Agreement (the “Agreement”) for the acquisition of $5.2 million of FET Tokens from Fetch Compute, Inc. (“Fetch Compute”), in exchange for 2,311,248 Series A4 preferred shares of the Company, par value $0.0001 per share (“Preferred Shares”). The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 8-K dated April 1, 2025, announcing the execution of the Agreement.
\nFET Tokens are the cryptocurrency that power Fetch.ai, a decentralized machine learning platform that aligns with Fr8Tech’s vision for scalable and secure AI solutions in the OTR carrier and logistics markets. Acquiring FET Tokens allows Fr8Tech to begin actively participating in Fetch.ai’s decentralized AI ecosystem, expanding its competitive advantage in the logistics industry.
\n“On the heels of the launch of our AI Tendering Bot, an innovative solution designed to automate and streamline the load tendering process for shippers and freight brokers, today’s token acquisition announcement brings further breadth and depth to Fr8Tech’s commitment to logistics innovation, while simultaneously strengthening and diversifying our balance sheet,” said Javier Selgas, the Chief Executive Officer of Fr8Tech. “With a FET Token treasury in place and by leveraging Fetch.ai’s empowered decentralized digital economy, our ultimate goal is to empower clients with real-time visibility and greater supply chain transparency to handle different activities inside the decentralized economy, whether it’s improving supply chain logistics, maintaining solid record-keeping systems, executing computational tasks, or enabling transactional interactions.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-04-01T13:30:07+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/04/01/3053480/0/en/freight-technologies-enters-into-securities-purchase-agreement-with-fetch-compute-to-acquire-tokens-in-one-of-the-largest-decentralized-artificial-intelligence-computing-networks.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-tendering-bot-to-revolutionize-and-streamline-load-tendering-process", "url": "https://fr8technologies.com/en/press/freight-technologies-launches-ai-tendering-bot-to-revolutionize-and-streamline-load-tendering-process", "title": "Freight Technologies Launches AI Tendering Bot to Revolutionize and Streamline Load Tendering Process", "summary": "AI-Driven Innovation to Automate, Optimize, and Accelerate Load Tendering for Shippers and Brokers", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced the launch of its advanced AI Tendering Bot, an innovative solution designed to automate and streamline the load tendering process for shippers and freight brokers. This upgrade underscores Fr8Tech’s strategic pivot to a Software-as-a-Service (SaaS) model, immediately enhancing service levels and automation for its enterprise clients. The launch also reinforces the Company’s commitment to operational improvements and efficiencies through new technology to reduce operating costs for both Fr8Tech and its enterprise clients.
\nTransforming Load Tendering with Artificial Intelligence
\nTraditionally, load tendering has relied on integrated Transport Management Systems (TMS) solutions or outdated manual processes, such as assigning loads via text messages or emails. The AI Tendering Bot changes that by leveraging advanced artificial intelligence:
\nIdentify Key Information: Seamlessly read and interpret emails, text messages, screenshots of Excel spreadsheets, and other documents containing load information
\nReal-Time Integration: Immediately post structured load data into the Fr8app marketplace, where carriers can instantly view and bid on available loads
\nReduce Manual Intervention: Automate the transcription and organization of load requests, significantly reducing the time and labor required by employees
\nProven Results and Seamless Integration
\nAfter successfully pilot testing with several clients, the AI Tendering Bot has proven its accuracy and reliability. It is now fully integrated also with Fleet Rocket, Fr8Tech’s cutting-edge Transport Management Systems (TMS) solution for brokers, further enhancing the platform’s value proposition. This solution not only accelerates the tendering process but also delivers substantial cost savings and operational efficiencies through:
\nEnhanced Efficiency: Accelerates response times by eliminating delays associated with manual data entry
\nCost Reduction: Minimizes human intervention, resulting in lower operating costs
\nImproved Accuracy: Utilizes AI algorithms to accurately capture and structure vital load information
\nReal-Time Visibility: Ensures load tenders are available instantly on the Fr8app marketplace, empowering carriers to bid promptly
\nOur new AI Tendering Bot represents a significant milestone in Fr8Tech’s digital transformation journey,” said Javier Selgas, CEO of Fr8Tech. “By automating the load tendering process, we are not only driving down operational costs but also delivering faster, more reliable service to our customers. This innovation aligns perfectly with our 2025 targets: to automate our operations, enhance service levels for key enterprise clients, and expand the innovative capabilities of our SaaS TMS solution, Fleet Rocket. Developed in collaboration with Trebu.ai, a Y Combinator-backed startup specializing in AI automation, this bot leverages cutting-edge technology to streamline freight management like never before.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-03-04T14:05:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/03/04/3036617/0/en/freight-technologies-launches-ai-tendering-bot-to-revolutionize-and-streamline-load-tendering-process.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-updates-to-its-board-of-directors", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-updates-to-its-board-of-directors", "title": "Freight Technologies Announces Updates to its Board of Directors", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, announced today that its board of directors (the “Board”) has approved the appointment of two new independent Board directors, Leilei Nie and Andres Gonzalez, effective February 14, 2025. These appointments follow the resignations of Paul Freudenthaler and William Samuels who recently notified the Board of their intentions to resign. Their resignations were not the result of any dispute or disagreement with either the Company or the Board. Mr. Freudenthaler will continue to serve as secretary of the Board.
\nCEO Javier Selgas, stated, “I am very pleased to welcome these two experienced directors to the Board, and am looking forward to working closely with them as the Company continues to focus on its next chapter of growth. Both Andres and Leilei’s are unique talents who will bring expertise and perspectives to the dynamic work we are doing at Fr8Tech.”
\nMr. Selgas added, “I want to express sincere gratitude to both William and Paul for their numerous contributions and years of dedicated service to the Company during their tenures as the Board members, and we are grateful that Paul will continue to be engaged with the Company by serving as secretary of the Board. We certainly wish them both well in their future endeavors.”
\nLeilei Nie
\nMs. Nie is a Strategy and Business Project Management professional with over 17 years of experience in financial services and fintech. She has been leading project management at X Star Technology, a leading non-bank car financing institution in Singapore since January 2025. Previously, Ms. Nie was a Senior Project Manager at Fidelity Fund Management (China) from May 2022 to June 2024 and a Senior Manager at Accenture from July 2021 to April 2022, focusing on financial services in Greater China. From December 2016 to June 2021, she served as Deputy Director in the Strategy and CEO Office at OneConnect Financial Technology, the fintech arm of Ping An Group in China. Her earlier roles include Strategy Manager at Commonwealth Bank of Australia (China) from January 2014 to December 2016 and Senior Associate at Z-Ben Advisors from June 2012 to December 2013, advising global asset managers on China market entry. Ms. Nie began her career in marketing roles at iFast Financial and Prudential Asset Management in Singapore from June 2005 to July 2010. Ms. Nie earned an MBA from China Europe Business School in April 2012 and a Bachelor’s degree in Computing from the National University of Singapore in May 2005. Ms. Nie is a Singaporean citizen.
\nAndres Gonzalez
\nSince 2024, Mr. Gonzalez has served as the Chief Executive Officer of Futura Reserva, an investment management company focused on the development and investment of residential, mixed-use, industrial, and hospitality real estate projects in Mexico. Prior to joining Futura Reserva, Mr. González served as Executive Vice President and Managing Director of Capital Natural (now CREO) from October 2014 to May 2024. In this role, his responsibilities included leading the development of large-scale projects such as Arboleda, Distrito Tec, Siendo, and Sofía 440 in Monterrey, and supervising the planning & development of more than one million square meters of master-planned communities, commercial spaces, office buildings, and residential properties. Additionally, Mr. González was responsible for the creation and management of multiple business units, including Property Management, CoBE, and Commercial Services. From February 2013 to October 2014, Mr. González had held senior management positions at Grupo MRP and Promologistics, where he was responsible for the oversight of infrastructure, shopping center, and logistics projects at a national level, he led asset portfolios valued at over $1 billion. Mr. González currently serves as an independent board member of Terra Energy and has been an active participant in organizations such as Young Presidents Organization since October 2021 and ECO since January 2025. He has also served as a faculty member for the Master’s in Finance program at Egade Business School, teaching at both the Monterrey and Santa Fe campuses from July 2021 to July 2023. Mr. Gonzalez earned a Bachelor’s degree in Accounting and Finance from Tec de Monterrey in December 2004 and later obtained an MBA with a specialization in Finance from Egade Business School in December 2016. Mr. Gonzalez further enhanced his expertise through leadership and management studies at Columbia Business School in November 2018, Kellogg School of Management in May 2024 and Babson College in 2015.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-02-21T14:32:05+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/02/21/3030490/0/en/freight-technologies-announces-updates-to-its-board-of-directors.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-commercial-launch-of-fleet-rocket", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-commercial-launch-of-fleet-rocket", "title": "Freight Technologies Announces Commercial Launch of Fleet Rocket", "summary": "Fleet Rocket is a new Transportation Management System (TMS) that redefines freight operations management across the USMCA region", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced the launch of Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators. Fleet Rocket is specifically designed to empower businesses to simplify the complexities of both domestic and cross-border logistics and optimize supply chain management across the USMCA region.
\nDriving Cross-Border SuccessWith more and more companies shifting North American operations to nearshoring models, Fleet Rocket offers tools tailored to the unique challenges of freight management in the USMCA region.
\nNearshoring and Mexico Freight Optimization: Purpose-built tools to streamline Mexico freight and trade operations within the USMCA corridor
\nCross-Border Capabilities: Seamless integration of compliance, customs documentation, and shipment visibility for transnational logistics
\nDomestic Freight Management: Fleetwide management, real-time tracking, driver communication, dashboard visibility, and customizable functionalities for any operation
\nOcean Freight Module: Integrated solutions for managing maritime logistics, including container booking, tracking, compliance, document management and analytics for North American ports
\nConnectivity with Company Specific and Industrywide SystemsFleet Rocket is built with flexible, API-driven integrations to connect effortlessly with third-party platforms and business systems.
\nApplication Programming Interface (API) Connections: Integrations with load boards, validators, and GPS solutions, among others, to ensure real-time tracking and operational control
\nEnterprise Resource Planning (ERP) & Finance System Compatibility: Works with enterprise platforms to improve operational efficiency, order-to-cash and procure-to-pay processes, and financial reporting
\nAdvanced Reporting and AnalyticsFleet Rocket’s built-in reports and analytics module empowers businesses with actionable insights, enabling data-driven decisions to enhance operational efficiency and cost management.
\nAffordable for Small Businesses, Scalable for EnterprisesFleet Rocket is tailored to meet the diverse needs of shippers and brokers.
\nFor Small Businesses: Accessible, budget-friendly solutions designed for brokers and shippers managing freight with emails, spreadsheets, and disparate means to provide an easy transition to a modern centralized platform
\nFor Enterprises: Bespoke solutions for complex, large-scale companies
\nAccelerated Implementation with Full SupportFleet Rocket sets a new standard for ease of deployment and user support.
\nMinimal Implementation Effort: The platform is fully operational within days, reducing downtime, set-up costs and improving return on investment from the start
\nComprehensive Support and Tutorials: Users gain access to 24/7 assistance and detailed training resources for a smooth onboarding experience.
\n“Fleet Rocket was conceived after purposeful conversations with our customers to address the growing demand for advanced tools to navigate and succeed in the rapidly evolving landscape of nearshoring and cross-border freight,” said Javier Selgas, CEO of Freight Technologies, Inc. “Our new TMS combines powerful features, seamless integrations, and fast implementation to create real value for our clients through reduced costs and risks, improved decision-making and operational efficiency, and elevated overall supply chain management performance.”
\nTo schedule a demo, start your free trial, or learn more about Fleet Rocket, please visit fleetrocket.io
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-02-10T14:05:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/02/10/3023502/0/en/freight-technologies-announces-commercial-launch-of-fleet-rocket.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-advances-transformation-to-accelerate-innovation-reduce-costs-and-drive-growth", "url": "https://fr8technologies.com/en/press/freight-technologies-advances-transformation-to-accelerate-innovation-reduce-costs-and-drive-growth", "title": "Freight Technologies Advances Transformation to Accelerate Innovation, Reduce Costs, and Drive Growth", "summary": "Fr8Tech’s Transportation Management System (TMS) to formally launch in February", "content_html": "-Company announces workforce reduction to create operational efficiencies and align resources
\nHOUSTON – February 7, 2025 – Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced significant updates in its strategic evolution as a technology-centric enterprise.
\nFr8Tech continues to advance its transformational focus on technological innovation to enhance and expand current operations with its valued customers, as it builds upon the commercialization of its Transportation Management System (TMS) software, scheduled to formally launch later this month. Fr8Tech’s TMS serves as an in-house digital command center for logistics teams, enabling them to oversee and optimize the movement of goods with enhanced precision. It allows companies to track shipments in real-time, select the most suitable carriers, administer delivery routes, communicate with drivers, manage documentation, and integrate with both inventory and billing systems. By automating these processes and delivering actionable insights, our TMS can significantly reduce costs and risks, improve decision-making and operational efficiency, and elevate overall supply chain management performance.
\n“Our commitment to evolving into a leading technology company is evident with the launch of our game-changing TMS,” said Javier Selgas, CEO of Freight Technologies. “By embracing automation and reducing manual processes, we are not only enhancing our service offerings but also paving the way toward sustainable profitability. This transformation allows us to better serve our customers and deliver increased value to our shareholders.”
\nAs part of this transformation, the Company has conducted a comprehensive, organization-wide analysis to determine the appropriate team size and structure. Following this review, the Company has completed a headcount restructuring process aimed at streamlining operations and reducing costs. This includes a 20% reduction in workforce across the Company to create operational efficiencies and align resources to support our technology-driven objectives. CFO Don Quinby noted, “Workforce reductions are always difficult and never a decision we make lightly. We are making every effort to treat our departing colleagues with respect and gratitude for their contributions and support them in their transition. These measures are expected to strengthen Fr8Tech’s financial results over 2025 and better position the Company to reach profitability on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis by the end of the year.”
\nOther recent developments further underscore Fr8Tech’s dedication to this strategic direction. Earlier this year, the Company successfully completed a $3 million private placement offering of convertible preferred stock, bolstering its financial position to support ongoing software development. Additionally, Fr8Tech has renewed a multi-year logistics services agreement with Kimberly-Clark de México and other large enterprise customers, reflecting continued expansion and adoption of our innovative and cost-effective solutions.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-02-07T14:05:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/02/07/3022817/0/en/freight-technologies-advances-transformation-to-accelerate-innovation-reduce-costs-and-drive-growth.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-completes-3-million-private-placement-offering-of-convertible-preferred-stock", "url": "https://fr8technologies.com/en/press/freight-technologies-completes-3-million-private-placement-offering-of-convertible-preferred-stock", "title": "Freight Technologies Completes $3 Million Private Placement Offering of Convertible Preferred Stock", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced the gross sale of $3.0 million (“the Offering”) consisting of 1,540,832 Series A4 preferred shares of the Company, par value $0.0001 per share (“Preferred Shares”) to certain accredited investors in a non-brokered private placement.
\nThe Offering raised net cash proceeds of approximately $2.9 million (after deducting the transfer agent and legal fees and expenses of the Offering). The Company intends to use the net cash proceeds from the Offering for working capital and corporate purposes, including funding strategic growth initiatives and enhancing balance sheet flexibility.
\nPursuant to the Amended and Restated Memorandum and Articles of Association filed with the Registrar of Corporate Affairs of the British Virgins Islands on January 31, 2025 (the “Amended and Restated M&A”), each Preferred Share is immediately convertible on the date of issuance, by dividing the respective Series A Reference Price (as defined in the Amended and Restated M&A) of such Preferred Share by the applicable conversion price (the “Preferred Shares Conversion Price”) at the option of the shareholder (at any time and from time to time), and without the payment of additional consideration by the shareholder, into such number of fully paid and non-assessable ordinary shares, with no par value per share, of the Company (the “Ordinary Shares”). Pursuant to the Amended and Restated M&A, the Preferred Shares Conversion Price shall be the greater of (i) the lowest daily VWAP (as defined in the Amended and Restated M&A) of the Ordinary Shares in the seven (7) consecutive Trading Day (as defined in the Amended and Restated M&A) period immediately preceding the date of the conversion of the applicable Preferred Share and (ii) the Series A4 Conversion Price Floor (as defined in the Amended and Restated M&A).
\nThe Company is required to file a registration statement with Securities Exchange Commission (the “SEC”) for the Ordinary Shares issuable upon conversion of the Preferred Shares, no later than March 30, 2025. The full description of the Offering and Preferred Shares can be reviewed in documents attached to the Company’s Current Reports on Form 8-K filed with the SEC on February 3, 2025 and concurrently with this release.
\n“We appreciate the continued support from our existing investors who participated in this capital raise,” said Javier Selgas, CEO of Fr8Tech. “This financing provides Freight Technologies with additional capital to advance our operating and strategic growth initiatives, as we continue to enhance and scale our product and service offerings.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-02-03T14:15:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/02/03/3019609/0/en/freight-technologies-completes-3-million-private-placement-offering-of-convertible-preferred-stock.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-renews-multi-year-logistics-services-agreement-with-kimberly-clark-de-mexico", "url": "https://fr8technologies.com/en/press/freight-technologies-renews-multi-year-logistics-services-agreement-with-kimberly-clark-de-mexico", "title": "Freight Technologies Renews Multi-Year Logistics Services Agreement with Kimberly-Clark de México", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, announced today the renewal of its logistics services contract with Kimberly-Clark de México, S.A.B. de C.V. The renewed agreement extends the relationship for an additional two years and encompasses the transportation of products and goods throughout Mexico.
\nThis renewal marks the continuation of a successful collaboration that began in 2022. Since inception, the relationship between Fr8Tech and Kimberly-Clark de México has grown steadily, with significant year-over-year increases in over-the-road (OTR) load capacity and expanded service. Currently, the Company is managing three key services for Kimberly-Clark: dedicated capacity under Fr8Fleet, as well as OTR spot for domestic shipments in Mexico and OTR spot for US-MX cross border shipments, both under Fr8App. Under the extended agreement, Freight Technologies will continue to provide these logistics services to help ensure the seamless distribution of Kimberly-Clark’s goods and products.
\nLuisa Lopez, COO of Fr8Tech, commented: “We’re pleased to extend our services with Kimberly-Clark de México for another two years. This renewal demonstrates the confidence our client has in the quality of Fr8Tech’s logistics solutions and highlights the benefits of utilizing Fr8Fleet and Fr8App in making supply chains more efficient. We are excited to continue working together as we build on the progress made over the last two years.”
\nJavier Selgas, CEO of Freight Technologies, added, “Our long-term relationship with Kimberly-Clark de México demonstrates the value and reliability of our logistics solutions. This renewal is a direct result of the investments and enhancements we have made in our technology and service offerings. We remain confident that it will continue to deliver long-term value to both our customers and the Company. As we continue to enhance and scale our product, we expect to further solidify our position as a key logistics provider in the Mexican region.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-01-13T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/01/13/3008574/0/en/freight-technologies-renews-multi-year-logistics-services-agreement-with-kimberly-clark-de-méxico.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-awarded-logistics-contract-by-leading-global-toy-industry-brand", "url": "https://fr8technologies.com/en/press/freight-technologies-awarded-logistics-contract-by-leading-global-toy-industry-brand", "title": "Freight Technologies Awarded Logistics Contract by Leading Global Toy Industry Brand", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, announced today that it has signed a new logistics services contract with a leading global toy industry brand.
\nThe Company’s Fr8App platform has been providing over-the-road (OTR) logistics services across key shipment lanes in Mexico, particularly during peak seasonal demand periods. Building on the successful track record of reliable, cost-effective, and high-quality service, this new contract will ensure the continued secure and timely transport of the client’s products throughout the Mexican market.
\nJavier Selgas, CEO of Fr8Tech, said, “This strong endorsement from one of the world’s leading producers of children’s and family entertainment products, serves as a powerful validation of how the Fr8App platform innovates and sustains logistics support in the evolving global marketplace. We are proud to collaborate with this market leader and look forward to continuing our relationship for many years to come.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2025-01-08T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2025/01/08/3006330/0/en/freight-technologies-awarded-logistics-contract-by-leading-global-toy-industry-brand.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-adjournment-of-annual-meeting-of-stockholders", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-adjournment-of-annual-meeting-of-stockholders", "title": "Freight Technologies Announces Adjournment of Annual Meeting of Stockholders", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), alogistics management innovation company, offering a diverse portfolio of technology-driven solutions thataddress distinct challenges within the supply chain ecosystem, today announced that the Company hasadjourned its 2024 Annual Meeting of Stockholders (the \"Annual Meeting\"), originally scheduled to be held onDecember 12, 2024, to Friday, December 13, 2024 at 1pm, Monterrey, Mexico time, in order to providestockholders additional time within which to vote on all proposals.
\nThe Annual Meeting was convened to consider proposals (the “Proposals”) presented in the Notice of 2024Annual General Meeting of Members dated October 28, 2024, which is also available on the Company’swebsite at http://fr8technologies.com. At that time, there were not present in person, virtually or by proxy, asufficient number of shares of the Company's common stock to constitute a quorum, leading to adjournment.At the time the Annual Meeting was adjourned, proxies had been submitted by holders representing 44.67% ofthe shares of the Company's common stock issued and outstanding on the record date and entitled to vote atthe Annual Meeting.During the period of adjournment, the Company and its proxy agent, Broadridge Financial Solutions, willcontinue to receive votes from the Company's stockholders with respect to the proposals set forth in the ProxyStatement.Proxies which have been received will remain valid for the adjourned Annual Meeting. Holders of theCompany’s ordinary shares whose names are on the register of members of the Company at the close ofbusiness on October 24, 2024 are entitled to attend the adjourned Annual Meeting. Shareholders who havenot yet cast their votes are encouraged to do so by voting online as described in proxy instructions delivered inconnection with the Annual Meeting.About Freight Technologies Inc.Freight Technologies (Nasdaq: FRGT) (“Fr8Tech\") is a technology company offering a diverse portfolio ofproprietary platform solutions powered by AI and machine learning to optimize and automate the supply chainprocess. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’sportfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across theUSMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicatedcapacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freightbooking and management of container shipments between North America and ports worldwide. Together,each product is interconnected within a unified platform to connect carriers and shippers and significantlyimprove matching and operation efficiency via innovative technologies such as live pricing and real-timetracking, digital freight marketplace, brokerage support, transportation management, fleet management, andcommitted capacity solutions. The company is headquartered in Houston, Texas. For more information, pleasevisit fr8technologies.com.Forward-Looking StatementsThis press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions ofthe United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual resultsmay differ from their expectations, estimates and projections and, consequently, readers should not rely onthese forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,”“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,”
\n“potential,” “continue” and similar expressions (or the negative versions of such words or expressions) areintended to identify such forward-looking statements.These forward-looking statements involve significant risks and uncertainties that could cause the actual resultsto differ materially from those discussed in the forward-looking statements. Most of these factors are outsideFr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differencesinclude, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares onNasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may beadversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertaintyof the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganicgrowth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks anduncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with theSecurities Exchange Commission.Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks oruncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materiallyfrom those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. cautionreaders not to place undue reliance upon any forward-looking statements, which speak only as of the datemade. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publiclyany updates or revisions to any forward-looking statements to reflect any change in their expectations or anychange in events, conditions or circumstances on which any such statement is based.Fr8Tech Contact:Jason FinkelsteinIGNITION Investor Relationsinvestors@fr8technologies.com
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2024-12-12T23:04:49+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2024/12/12/2996572/0/en/freight-technologies-announces-adjournment-of-annual-meeting-of-stockholders.html" }, { "id": "https://fr8technologies.com/en/press/fr8app-achieves-prestigious-iso-90012015-certification", "url": "https://fr8technologies.com/en/press/fr8app-achieves-prestigious-iso-90012015-certification", "title": "Fr8App Achieves Prestigious ISO 9001:2015 Certification", "summary": "Internationally recognized standard further demonstrates the Company’s commitment to quality assurance and continuous improvement", "content_html": "Freight Technologies, Inc. (“Fr8Tech” or the “Company”) (Nasdaq: FRGT), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is proud to announce it has earned ISO 9001:2015 certification for both Mexico and the United States under the following scope: Logistics Services and Transportation of Goods in Mexico, United States of America and Canada, effective immediately.
\nThis internationally recognized certification underscores Fr8App’s successful implementation of a Quality Management System (QMS) designed to ensure consistent service excellence and continuous improvement. Achieving ISO 9001:20015 across two countries reflects the Company’s commitment to delivering efficient, reliable and innovative logistics solutions.
\nWhat is ISO 9001:2015?
\nISO 9001:2015 is a globally recognized standard for quality management systems. It provides organizations with a framework to enhance operational efficiency, meet customer expectations, and drive continuous improvement. By adhering to ISO 9001 standards, companies demonstrate their commitment to quality processes, customer satisfaction, and sustained business performance. With over one million certifications worldwide, ISO 9001:2015 is the most widely adopted quality management standard.
\nThe ISO 9001:2015 certification process involved a rigorous evaluation of Fr8Tech’s quality management system, including comprehensive audits of processes, documentation, and overall operational efficiency.
\nJavier Selgas, CEO of Fr8Tech, said “This certification is not just about meeting standards; it’s a promise to our clients that we will continue to set benchmarks for service excellence and innovation in North America’s freight technology marketplace. Fr8App’s achievement of ISO 9001:2015 certification aligns with our vision to revolutionize freight logistics through cutting-edge technology and customer-focused solutions. As we continue to expand our services, this certification solidifies our ability to deliver long-term value to our stakeholders, ensuring they can trust us to navigate the complexities of today’s dynamic logistics landscape.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2024-12-03T14:00:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2024/12/03/2990753/0/en/fr8app-achieves-prestigious-iso-9001-2015-certification.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-waavely-platform-sees-early-adoption-following-successful-launch", "url": "https://fr8technologies.com/en/press/freight-technologies-waavely-platform-sees-early-adoption-following-successful-launch", "title": "Freight Technologies’ Waavely Platform Sees Early Adoption Following Successful Launch", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is pleased to announce that since its launch in July 2024, its digital ocean freight platform, Waavely, has already secured four active customers, demonstrating promising early demand, adoption and traction for this innovative solution.
\nFr8Tech’s marketing strategy is currently focused on growing volume with existing clients and adding new customers to the platform. Simultaneously, both existing customers and prospects are providing the Company with invaluable feedback as we continue to actively evolve and expand Waavely’s service capabilities, and scale by bringing additional ocean carriers, logistics providers, and shippers into the offering to meet the specific growing demands of the industry.
\n“Waavely’s success in such a short period since its launch demonstrates the shipping industry’s need for greater control, agility, and transparency in ocean freight logistics and is a testament to the platform’s value in improving operational efficiency, reducing costs, and providing real-time visibility for maritime logistics,” said Javier Selgas, CEO of Freight Technologies. “We’re thrilled to see the growing number of customers benefiting from the platform and are committed to expanding Waavely’s capabilities to meet evolving shipping needs.”
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2024-11-11T14:05:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2024/11/11/2978353/0/en/freight-technologies-waavely-platform-sees-early-adoption-following-successful-launch.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-regains-compliance-with-nasdaq-listing-requirements", "url": "https://fr8technologies.com/en/press/freight-technologies-regains-compliance-with-nasdaq-listing-requirements", "title": "Freight Technologies Regains Compliance with Nasdaq Listing Requirements", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that on October 9, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) stating that the Company regained compliance with the minimum bid price requirement (“Minimum Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed.
\nThe Company had previously been notified by Nasdaq on May 22, 2024 that it was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s common stock had not maintained a minimum bid price of $1.00 for 30 consecutive business days. In order to regain compliance, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved during the period from September 25, 2024 through October 8, 2024.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2024-10-10T13:05:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2024/10/10/2961358/0/en/freight-technologies-regains-compliance-with-nasdaq-listing-requirements.html" }, { "id": "https://fr8technologies.com/en/press/freight-technologies-announces-1-for-25-reverse-stock-split", "url": "https://fr8technologies.com/en/press/freight-technologies-announces-1-for-25-reverse-stock-split", "title": "Freight Technologies Announces 1-for-25 Reverse Stock Split", "summary": "Fr8App expands cross-border truckload services with several lanes awarded by Bayer CropScience LP", "content_html": "Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem,announced today that the board of directors of the Company approved a one (1) for twenty-five (25) reverse split of its issued and outstanding ordinary shares, no par value (the “Ordinary Shares”). The Company’s Ordinary Shares will begin trading on a split adjusted basis on September 25, 2024.
\nAs a result of the reverse share split, each twenty-five (25) pre-split Ordinary Shares of the Company will automatically combine into one (1) Ordinary Share without any action on the part of the holders, and the number of outstanding Ordinary Shares will be reduced from 35,844,999 to 1,433,800. The Company’s Ordinary Shares will continue to trade on the Nasdaq Capital Market (the “Nasdaq”) under the symbol “FRGT” but will trade under a new CUSIP number (G51413139).
\nNo fractional shares will be issued as a result of the reverse share split. Shareholders who otherwise would be entitled to a fractional share because they hold a number of Ordinary Shares not evenly divisible by the one (1) for 25 reverse split ratio, will automatically be entitled to receive an additional fractional share of the Company’s Ordinary Shares to round up to the next whole share if they were to hold a fractional share less than one-half or more. Shareholders who hold a fractional share equal to less than one-half will have the fractional share cancelled.
\nThe reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq. Following the reverse stock split the Company will have approximately 1.43 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and warrants. The reverse stock split will not affect the number of total authorized Ordinary Shares of the Company.
\nThe Company’s transfer agent, Transhare Corporation will act as the exchange agent. Please contact Transhare Corporation for further information at (303) 662-1112.
\nAbout Freight Technologies
\nFreight 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.
\nForward-looking statements
\nThis 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.
", "date_published": "2024-09-23T13:40:00+00:00", "authors": [ { "name": "Freight Technologies, Inc." } ], "external_url": "https://www.globenewswire.com/news-release/2024/09/23/2951504/0/en/freight-technologies-announces-1-for-25-reverse-stock-split.html" } ] }