Freight Technologies Announces Two-Year Fleet Rocket Agreement with Marksman

Core Insights - Freight Technologies, Inc. (Fr8Tech) has entered a two-year agreement with Marksman XBF Holding Group to license its Fleet Rocket Transportation Management System (TMS) software platform [1][3] - Marksman specializes in cross-border freight agency services between the United States and Mexico, focusing on international transportation coordination and shipment execution [2][6] - The agreement will see Marksman implement the Enterprise version of Fleet Rocket, which includes various modules aimed at automating and digitalizing freight agency workflows [3][4] Company Overview - Fr8Tech is an AI-powered logistics technology company that offers a range of proprietary platform solutions designed to optimize and automate supply chain processes [7][8] - The company's portfolio includes Fr8App for B2B cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients, Waavely for ocean freight management, and Zayren.ai for pricing prediction and carrier matching [7][8] - Fr8Tech aims to enhance operational efficiency and improve matching between carriers and shippers through its interconnected platform [8] Strategic Implications - The adoption of Fleet Rocket by Marksman indicates a growing demand for integrated platforms that combine automation and AI within logistics operations [5] - The agreement supports Fr8Tech's strategy to expand its software adoption among freight agencies and logistics service providers in the USMCA region, aiming to increase recurring software revenue [5] - Marksman selected Fr8Tech based on its ability to support scalable cross-border freight operations with advanced functionalities, enhancing operational visibility and coordination [5]