Freight Technologies Adds 26 New Customers and 149 New Carriers in 2024

Core Insights - Freight Technologies, Inc. has onboarded 26 new customers and 149 new carriers to its platform year-to-date, indicating strong growth and demand for its logistics technology solutions [1][2][3] Company Developments - The addition of new customers highlights the increasing need for efficiency and transparency in the freight marketplace, with companies expecting automation, speed, and reliability [2][4] - The new customer roster enhances Fr8Tech's service offerings, particularly in US domestic and US-Mexico cross-border services, and includes notable companies such as Grupo Solave and Argos Electrica [3][4] - The onboarding of 149 new carriers expands the company's capacity to meet rising demand and improves service reliability, which is crucial for customer satisfaction [2][4] Financial and Market Position - The company has successfully raised additional capital through promissory notes, which will be utilized to grow its customer base and enhance platform capabilities [4] - Year-over-year revenue growth has been strong, and the company is focused on leveraging its technology to capitalize on the evolving freight and logistics market [4]