Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024

Company Overview - Freight Technologies Inc (Fr8Tech) is a technology company specializing in AI and machine learning-driven solutions to optimize and automate supply chain processes [2] - The company offers a diverse portfolio of proprietary platform solutions, including Fr8App for cross-border shipping, Fr8Now for LTL shipping, Fr8Fleet for enterprise capacity in Mexico, and Waavely for ocean freight management [2] - These interconnected solutions aim to improve matching and operational efficiency through live pricing, real-time tracking, digital freight marketplace, and other innovative technologies [2] - The company is headquartered in Houston, Texas [2] Financial Reporting - Freight Technologies reported financial and operating results for the six months ended June 30, 2024 [1] - The earnings release has been filed in the Company's Form 8-K and is available on the investor relations website [1] Forward-Looking Statements - The press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 [3] - These statements involve significant risks and uncertainties that could cause actual results to differ materially from expectations [3] - Factors that may cause differences include Nasdaq listing maintenance, regulatory changes, economic conditions, business growth uncertainties, and other risks identified in SEC filings [3][5]