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Freight Technologies Reports Robust Productivity Gains: AI-Native Solutions Enable 15x Domestic and 5x Cross-Border Efficiency Gains
Globenewswire· 2026-02-24 14:21
HOUSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- 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’ freigh ...
Freight Technologies Completes ISO 9001:2015 Annual Audit
Globenewswire· 2026-02-20 14:00
Core Insights - Freight Technologies, Inc. has successfully completed its first annual ISO 9001:2015 surveillance audit, reaffirming its commitment to quality assurance and continuous improvement in logistics services and transportation of goods in North America [1][2][4] Group 1: ISO Certification - The company has achieved ISO 9001:2015 certification for both its Mexico and US entities, validating its implementation of a Quality Management System (QMS) aimed at ensuring consistent service excellence [2][4] - ISO 9001:2015 is a globally recognized standard for quality management systems, providing a framework for enhancing operational efficiency and customer satisfaction [3] Group 2: Company Vision and Commitment - CEO Javier Selgas emphasized that the successful completion of the certification's annual audit represents a promise to clients for continued service excellence and innovation in the freight technology marketplace [5] - The achievement of ISO 9001:2015 certification for the second consecutive year aligns with the company's vision to revolutionize freight logistics through advanced technology and customer-focused solutions [5] Group 3: Company Overview - Freight Technologies offers a diverse portfolio of technology-driven solutions, including the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and Zayren.ai, an AI-based pricing-prediction tool [6] - The company's interconnected solutions aim to optimize and automate the supply chain process, significantly improving operational efficiency through innovative technologies [6]
Freight Technologies Announces Two-Year Fleet Rocket Agreement with Marksman
Globenewswire· 2026-02-19 14:00
Highlights Continued Fleet Rocket Adoption and Value of Fr8Tech’s Integrated Solution SetHOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- 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. Marksman ...
Vesta Freight Drives 18x Shipment Growth with Descartes' Transportation Management Solution Suite
Globenewswire· 2026-02-17 11:45
Core Insights - Descartes Systems Group's transportation management suite has enabled Vesta Freight to achieve an 18x growth in monthly shipment volume by automating and synchronizing logistics processes [1][2] Company Overview - Vesta Freight is a rapidly growing third-party logistics provider based in Tennessee, focusing on domestic and cross-border transportation solutions across full truckload (FTL), less-than-truckload (LTL), and intermodal modes [4] - The company aims to deliver transportation excellence through strong execution and advanced technologies, acting as an extension of its customers' businesses [4] Technology and Solutions - Descartes' transportation management suite incorporates AI innovations to enhance accuracy and responsiveness in logistics operations, allowing for automated driver engagement and improved tracking continuity [3] - The suite includes Descartes 3G TMS for automating brokerage operations, Descartes MacroPoint for real-time shipment visibility, and Descartes MyCarrierPortal for enhanced security and transparency within the carrier network [5][6] - The integration of these technologies helps brokers like Vesta Freight operate more efficiently, reduce complexity, and support sustainable growth [3][5]
SemiCab's AI Platform Shown to Handle 400% More Freight Volume Without Additional Staff
Globenewswire· 2026-02-12 14:15
Core Insights - Algorhythm Holdings, Inc. has announced that its SemiCab platform enables customers to scale freight volumes by 300% to 400% without increasing operational headcount [1][2] - The AI-driven Collaborative Transportation Platform transforms freight management from a manual process to an automated system, allowing individual operators to manage over 2,000 loads annually, compared to the traditional benchmark of approximately 500 loads per year per freight broker, resulting in a 4x productivity improvement [2][6] AI-Enabled Productivity - SemiCab's technology automates network-level decision-making, allowing organizations to scale throughput without proportional increases in labor, infrastructure, or overhead [4][6] - The platform replaces traditional logistics operations that rely on manual workflows and fragmented systems, thus improving operational efficiency [3][5] Structural Advantages - Traditional transportation management systems become inefficient as complexity increases, while SemiCab's AI engine continuously learns from network activity, dynamically adjusting routing and capacity allocation in real time [5][6] - The platform supports improved margins and capital efficiency for customers, leading to lower costs per load, higher asset utilization, and reduced administrative overhead [7][8] Global Expansion Potential - Algorhythm believes that AI-enabled operational leverage will define next-generation logistics networks, with plans to extend the SemiCab model through its Apex SaaS platform in the U.S. and future international deployments [9][10] - The company aims to unlock new levels of productivity and profitability in the freight ecosystem by applying artificial intelligence at scale [10]
3 Air-Freight & Cargo Stocks to Monitor in a Prosperous Industry
ZACKS· 2026-01-22 17:51
Industry Overview - The Zacks Transportation-Air Freight and Cargo industry is facing ongoing supply-chain disruptions and a challenging macroeconomic environment characterized by high inflation and interest rates, leading to a decline in package volumes [1][6] - Companies in this industry provide air delivery and freight services, with many offering specialized transportation and logistics solutions, directly correlating their performance with the overall health of the economy [3] Key Trends - Despite challenges, there are growth opportunities for companies focusing on operational efficiency and cost-cutting measures, with firms like UPS, FedEx, and GXO Logistics capitalizing on these trends [2] - The industry is prioritizing shareholder returns, with companies increasing dividends and buybacks to enhance shareholder value; FedEx announced a 5.1% increase in its quarterly dividend for 2025 [4] - Cost-cutting initiatives are crucial as the industry faces elevated inflation levels, particularly in labor, freight, and fuel costs; FedEx reported better-than-expected results in Q2 of fiscal 2026 due to these efforts [5] Demand and E-commerce - A slowdown in shipping demand, especially in Asia and Europe, is a significant concern, with geopolitical uncertainty and high inflation negatively impacting consumer sentiment [6] - E-commerce continues to be a strong growth driver, supported by the convenience of online shopping and the ongoing digital transformation, despite a slowdown from pandemic peak levels [7] Industry Performance and Valuation - The Zacks Air Freight and Cargo industry holds a Zacks Industry Rank of 97, placing it in the top 40% of 244 Zacks industries, indicating positive near-term prospects [8] - The industry's earnings estimate for 2026 has increased by 1.5% since November 2025, reflecting growing analyst confidence in earnings growth potential [9] - Over the past year, the industry has underperformed the S&P 500, declining by 6.3% compared to the S&P 500's growth of 14.9% [11] - The industry is currently trading at a trailing 12-month EV/EBITDA of 9.8X, lower than the S&P 500's 18.8X and the sector's 10.79X [14] Company Highlights - UPS is recognized for its shareholder-friendly activities, including dividends and buybacks, and has shown strong free cash flow generation, supporting its bottom line and e-commerce demand [17][18] - FedEx is noted for its solid liquidity position and cost-cutting measures, with earnings surpassing consensus estimates in three of the last four quarters [21] - GXO Logistics has consistently exceeded earnings estimates, benefiting from increased e-commerce and logistics capabilities, with shares rising by 26% over the past year [23][26]
Freight Technologies Launches Zayren Pro with Next-Generation AI Agents
Globenewswire· 2026-01-22 14:00
Core Insights - Freight Technologies, Inc. has launched Zayren Pro, an advanced version of its AI-driven predictive pricing and matching platform, aimed at enhancing subscription-based SaaS revenue [1] - The new platform transitions the company's AI strategy from market visibility to actionable procurement execution, featuring advanced AI capabilities and a proprietary carrier portal [2] - Zayren Pro allows enterprise shippers and brokers to autonomously shortlist carriers and benchmark costs, effectively closing the loop between pricing and booking [3] Product Features - Zayren Pro represents a commercial maturation of the company's AI roadmap, monetizing rate predictions and providing tools for execution [4] - Key features include a premium SaaS model with unlimited AI agent usage, a proprietary carrier portal for self-onboarding, and smart procurement shortlists created by AI algorithms [6] - Direct execution tools enhance connectivity, allowing shippers to convert AI rate predictions into confirmed bookings instantly [6] Company Overview - Freight Technologies offers a diverse portfolio of AI and machine learning-powered solutions to optimize supply chain processes, including platforms for cross-border shipping, less-than-truckload shipping, and ocean freight management [5] - The interconnected product suite aims to improve matching and operational efficiency through innovative technologies such as live pricing and real-time tracking [5]
The Unstoppable Freight Giant: Why Wabtec Is A Must-Own In 2026
Seeking Alpha· 2026-01-20 06:44
Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) is recognized for having one of the best business models in the market, playing a crucial role in the economy despite limited direct consumer interaction [1] Company Analysis - WAB is the largest manufacturer in its sector, indicating a strong market position and potential for sustained growth [1] - The company is characterized by durable economic resilience, pricing power, and capital efficiency, which are essential for long-term value creation [1] - WAB operates within sectors such as Technology, Industrials, and Financials, focusing on scalable business models and mission-critical offerings [1] Investment Thesis - The analysis emphasizes the importance of capital allocation strategies, margin trajectories, and unit economics in assessing the sustainability of growth and returns for WAB [1] - The goal is to present a comprehensive understanding of how WAB operates, including its incentives and long-term potential, to empower investors [1]
C.H. Robinson Urges Supreme Court to Affirm Uniform Federal Freight Laws
Businesswire· 2026-01-14 22:29
Core Viewpoint - C.H. Robinson is advocating for the reaffirmation of federal regulations governing freight transportation to maintain consistency and safety across the logistics industry, as the U.S. Supreme Court reviews a case that could impact freight broker liability under state laws [1][2][3]. Group 1: Legal Context - The case Montgomery v. Caribe Transport II, LLC will determine if freight brokers can be held liable under varying state laws for accidents involving federally licensed motor carriers [1]. - For nearly a century, federal law has exclusively governed motor carrier services, including the decisions made by freight brokers like C.H. Robinson [3]. - Recent court decisions have allowed plaintiffs to challenge brokers' decisions using state law, potentially imposing liability on brokers for accidents caused by licensed motor carriers [3]. Group 2: Importance of Federal Regulation - Federal law provides a uniform set of rules for freight movement, which is crucial for safety and economic stability [2]. - Congress established uniform federal standards to regulate the motor carrier industry, ensuring that brokers, who do not operate vehicles or select drivers, are not held responsible for accidents [4]. - Allowing state courts to impose different standards could lead to fragmentation, conflicting rules, and increased costs in the supply chain [6]. Group 3: Future Implications - C.H. Robinson is set to present its oral argument before the Supreme Court on March 4, 2026, emphasizing the need for a unified federal framework to ensure safety and reliability in transportation [6].
Freight Technologies Bolsters Fleet Rocket With 19 New Integrated GPS Providers
Globenewswire· 2026-01-13 14:00
Core Viewpoint - Freight Technologies, Inc. is expanding its Fleet Rocket Transportation Management System (TMS) through the integration of its Fr8Radar GPS network, which now includes 73 GPS providers, indicating strong growth and interest in the logistics technology sector [1][2]. Group 1: Company Expansion and Technology Integration - Since October 2025, Fleet Rocket has integrated 19 new GPS providers, marking the highest period of GPS integration activity to date [2]. - The Fr8Radar solution allows users to monitor vehicle locations across multiple carriers and GPS networks within a single interface, linking geolocation data to shipment records and related documents [3]. - The integration of Fr8Radar into Fleet Rocket enhances operational efficiency for companies managing multiple carriers, allowing for streamlined tracking and management of shipments [4]. Group 2: Product Portfolio and Market Position - Freight Technologies offers a diverse portfolio of AI-powered solutions aimed at optimizing the supply chain, including Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Fleet Rocket as a scalable TMS [5]. - The interconnected nature of the company's products aims to improve operational efficiency through innovative technologies such as live pricing and real-time tracking [5].