Profit margin improvement | Lower operating losses | Continued progress in SaaS and AI strategyHOUSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- 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. “In the third quarter of 2025, we continued to advance our transition toward a software- and AI-driven ...

Its scale, recurring revenue model, and comprehensive suite of interoperable applications provide a competitive edge in the global logistics technology market.The company focuses on enhancing operational efficiency and regulatory compliance for logistics-intensive businesses worldwide.Descartes is a leading provider of SaaS-based logistics and supply chain management solutions, leveraging a modular technology platform to streamline complex logistics operations.Operates a modular, software-as-a-service (SaaS ...

The Descartes Systems Group Inc. (NASDAQ: DSGX ) is a Canadian technology company that works in the logistics space. It focuses on the intersection of global trade, transportation, and government rules. The company provides a cloud-based system thatI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets. ...

The Descartes Systems Group Inc. (NASDAQ: DSGX ) is a Canadian technology company that works in the logistics space. It focuses on the intersection of global trade, transportation, and government rules. The company provides a cloud-based system thatI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets. ...

Core Viewpoint - SPS Commerce, Inc. (NASDAQ:SPSC) is considered one of the top logistics-tech stocks to buy currently, despite having underperformed the broader market year to date, with a consensus 1-year median price target of $100 indicating nearly 20% upside potential [1]. Group 1: Analyst Ratings and Market Sentiment - Analyst views for SPS Commerce are balanced, with an equal number of Buy and Hold ratings [1]. - Morgan Stanley downgraded SPS Commerce from Overweight to Equal-Weight, reducing its price target from $140 to $100, citing deteriorating macroeconomic conditions as a primary concern [2]. - The downgrade followed the company's strong customer additions, but Morgan Stanley expressed caution regarding the immediate translation of these gains into higher transaction volumes or revenue [3]. Group 2: Financial Performance - SPS Commerce reported third-quarter fiscal 2025 earnings on October 24, with revenue of $139.5 million, reflecting a 19% year-over-year increase, and adjusted EPS of $0.67, which exceeded analyst expectations [4]. - Management acknowledged emerging headwinds in supplier onboarding during the earnings call, aligning with concerns raised by Morgan Stanley [4]. Group 3: Company Overview - SPS Commerce provides cloud-based supply chain management solutions that enable retailers, suppliers, and logistics firms to automate and optimize trading relationships [5].

The Descartes Systems Group Inc. (NASDAQ:DSGX) is one of the best logistics-tech stocks to buy now. On December 4, Raymond James upgraded Descartes to 'Outperform' from 'Market Perform' and assigned a price target of $118. The firm highlighted that shares were trading near the bottom of their 10-year EV/EBITDA range, presenting a compelling valuation setup. Raymond James Upgrade and Strong Q3 Margins Push Descartes Systems Group Into High-Conviction Buy Territory Travel mania/Shutterstock.com They poin ...

Core Insights - Full Truck Alliance Co. Ltd. (NYSE:YMM) is recognized as a promising logistics-tech stock, with approximately 85% of analysts recommending a Buy or equivalent rating, indicating strong market confidence [1] - The stock has experienced a modest year-to-date increase of 6.5%, with a consensus 1-year median price target of $14.57, suggesting a potential upside of 26% [1] Financial Performance - For Q3 2025, Full Truck Alliance reported total net revenues of RMB 3,358.2 million (approximately $471.7 million), reflecting a year-over-year increase of 10.8% [2] - The company's transaction-service revenue, a key growth driver, surged by 39.0% year-over-year to RMB 1,456.1 million [2] - Monthly active shippers reached 3.35 million, marking a 17.6% year-over-year increase, while fulfilled orders totaled 63.4 million, up 22.3% year-over-year [2] Profitability and Strategic Initiatives - Despite revenue growth, Full Truck Alliance reported a non-GAAP adjusted net income per ADS of RMB 0.93 (approximately $0.13), which fell short of market expectations [3] - Management attributed the performance to ongoing efficiency improvements, cost reductions, user-protection upgrades, and technological enhancements, including the acquisition of Giga.AI Technology Limited to bolster AI capabilities [3] Analyst Ratings and Market Outlook - Following the Q3 earnings call, Barclays maintained a Hold rating on Full Truck Alliance, setting a price target of $12.00 per share, reflecting a cautious outlook due to anticipated deceleration in transaction-service revenue growth [4] Company Overview - Full Truck Alliance operates as a digital freight platform in China, connecting shippers and truckers through a technology-driven marketplace that offers freight-matching, transaction services, and value-added services, leveraging AI for logistics coordination [5]

Core Insights - Durable Capital Partners LP has fully liquidated its stake in The Descartes Systems Group, selling 2,253,704 shares for an estimated $229.08 million, marking a significant portfolio shift [1][2]. Company Overview - The Descartes Systems Group is a leading provider of cloud-based logistics technology, focusing on optimizing and automating complex supply chain processes [5][7]. - As of December 4, 2025, Descartes shares were priced at $94.87, with a market capitalization of $8.2 billion, revenue of $704 million, and net income of $156 million [4]. Financial Performance - Descartes Systems' stock has underperformed the S&P 500 by 36 percentage points over the past year, with a 23% decline in share price [3][8]. - The company has demonstrated steady sales growth of 14% annually over the last one, five, and ten years [10]. Market Position - Descartes operates a modular, software-as-a-service (SaaS) business model, generating revenue through subscriptions and data-driven logistics services, serving various industries globally [7][9]. - The company has emerged as a leader in its niche, leveraging its expertise as a serial acquirer to adapt to the shift towards omnichannel sales [9]. Investment Considerations - Despite the recent stock pullback, some analysts view Descartes as a potential buy-the-dip opportunity, given its historical performance and market leadership [10][11]. - The company's premium valuation, trading at 36 times free cash flow, may have influenced Durable Capital's decision to exit its position [11].

The Descartes Systems Group Inc. (NASDAQ:DSGX) reported better-than-expected earnings for the third quarter on Wednesday.The company posted quarterly earnings of 50 cents per share which beat the analyst consensus estimate of 45 cents per share. The company reported quarterly sales of $187.681 million which beat the analyst consensus estimate of $184.612 million.“Our business performed ahead of our plans in Q3FY26, as we continue to add more solutions and content to our Global Logistics Network,” said Edwar ...

Financial Data and Key Metrics Changes - Total revenues reached a record high of $187.7 million, up 11% from $168.8 million a year ago [5][25] - Record services revenues increased by 16% to $173.7 million, representing approximately 93% of total revenues [26] - Record net income rose by 20% to $43.9 million, or $0.50 per diluted common share [31] - Adjusted EBITDA grew by 19% to a record $85.5 million, with an Adjusted EBITDA margin of 45.6% [31][5] - Cash flow from operations was a record $73 million, up 22% from the previous year [6][32] Business Line Data and Key Metrics Changes - Global Trade Intelligence and e-commerce customs clearance were significant growth drivers, with strong demand for solutions due to changing trade environments [7][10] - Demand for foreign trade zones (FTZs) increased as customers sought efficient import solutions [9] - The MacroPoint trade visibility solution contributed to growth in transportation management solutions [28] Market Data and Key Metrics Changes - The uncertain trade and tariff environment has led to increased demand for Descartes' solutions, particularly in tariff data and compliance [8][38] - The company noted a truce on tariffs between China and the U.S., along with new reciprocal trade agreements impacting customer operations [8] Company Strategy and Development Direction - The company is focused on leveraging artificial intelligence (AI) to enhance service delivery and operational efficiency [12][22] - Descartes aims to capitalize on its extensive network and data capabilities to provide real-time information and support AI-driven solutions [16][39] - The company plans to continue its acquisition strategy to complement organic growth, particularly in the current market environment [39][61] Management's Comments on Operating Environment and Future Outlook - Management highlighted ongoing geopolitical tensions and tariff uncertainties as challenges for customers, but expressed confidence in the company's ability to grow [37][38] - The company remains optimistic about achieving long-term financial plans despite uncertainties in public markets [41][42] Other Important Information - A CFO transition is planned for March 2026, with Ed Gardner set to take over from Allan Brett, who will remain as an advisor [24][25] - The company has a strong cash position with $279 million in cash and a $350 million undrawn line of credit, positioning it well for future investments [6][39] Q&A Session Summary Question: Organic growth rate and transaction volumes - Management noted that organic growth was driven by gaining market share from competitors, particularly in areas like Type 86 filings and BIS 50 compliance [44][45] Question: AI monetization and capabilities - The company is exploring various monetization strategies for AI capabilities, including providing proactive shipment solutions to customers [46][48] Question: Network defensibility and competition - Management emphasized the difficulty for new entrants to replicate their extensive network and data capabilities, which provide a significant competitive advantage [50][51][52] Question: Sustainability of subscription demand - Management indicated that while uncertainty exists, they are focused on maintaining growth targets and controlling costs to ensure continued demand for services [54][55] Question: Impact of U.S. trucking regulations - Management believes new trucking regulations will not significantly impact their business, as they provide solutions to help customers comply while improving efficiency [58][59] Question: Capital allocation and acquisitions - The company sees opportunities for acquisitions in the current market and believes that integrating new businesses into their network will enhance value [60][61]