HOUSTON, Dec. 16, 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 that it has entered into a share purchase agreement to acquire JAK Solar Loans 1 Limited (“JAK Solar”). JAK Solar operates a scalable platform focused on the ownership and servicing of residential solar-related financial contracts, supported by established servicing arrangements and p ...

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 ...

Core Insights - Fr8Tech has entered into a multi-year service agreement with Fetch Compute to utilize their ASI-1 large language models, enhancing its AI-driven logistics solutions [1][2] - The integration of Fetch AI's technology will enable Fr8Tech to develop next-generation logistics AI systems, including autonomous task agents and real-time voice-enabled AI agents [2] Company Overview - Freight Technologies, Inc. (Fr8Tech) is a logistics management innovation company that offers a range of technology-driven solutions aimed at optimizing and automating supply chain processes [3] - The company's portfolio includes various platforms such as Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Fleet Rocket for transportation management [3] Technology and Innovation - Fr8Tech plans to leverage the ASI-1 models to enhance multi-agent collaboration in freight procurement, scheduling, exception handling, and real-time communication [2] - The integration of advanced AI technologies is expected to significantly improve operational workflows for shippers, carriers, and brokers [2]

Core Insights - Freight Technologies, Inc. has launched Zayren, an AI-based pricing-prediction tool and carrier-matching platform aimed at enhancing logistics for cross-border and domestic freight shipments between Mexico and the United States [1][2][3] Product Features - Zayren offers real-time freight-rate predictions, allowing shippers and brokers to access instant pricing insights for both cross-border and domestic loads [2][5] - The platform includes an integrated AI agent that helps users identify available carriers for specific lanes, streamlining the freight procurement and matching process [2][3] - Key features of Zayren include real-time rate estimations, AI-powered carrier-matching agents, and exclusive access for Fleet Rocket TMS users during the initial rollout [5] Strategic Importance - The launch of Zayren is seen as a significant advancement in freight procurement and execution within the U.S.–Mexico corridor, providing tools for faster operations, cost reduction, and enhanced transparency [3] - The platform's machine-learning capabilities address price volatility in logistics, analyzing large volumes of data to deliver accurate, real-time rate predictions that improve over time [3] Future Developments - Freight Technologies plans to introduce voice-enabled AI agents with additional logistics functionalities in 2026, further expanding its AI-driven automation across the freight transportation ecosystem [3]

Core Insights - Freight Technologies, Inc. has enhanced its Fleet Rocket platform by integrating 23 new GPS providers, increasing the total to 54, positioning it as one of the most connected TMS platforms in North America [1][2][4] Company Overview - Freight Technologies, Inc. (Fr8Tech) is a logistics management innovation company that offers a diverse portfolio of technology-driven solutions aimed at optimizing and automating supply chain processes [5] - The company's offerings include Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for dedicated capacity services, Waavely for ocean freight management, and Fleet Rocket as a scalable TMS solution [5] Product Development - The Fr8Radar module of Fleet Rocket aggregates real-time geolocation data from GPS hardware across trucks and trailers in the U.S. and Mexico, enhancing visibility and operational intelligence [3][4] - The integration of additional GPS systems is part of Fr8Tech's long-term strategy to create a highly connected and intelligent TMS solution [2][4] Strategic Partnerships - Fleet Rocket has established partnerships with leading GPS providers such as FourKites and Samsara, which strengthens its network and enhances its service offerings [3][4] Future Direction - The ongoing expansion of Fleet Rocket's capabilities reflects the company's commitment to building a digital backbone for modern freight operations in North America, focusing on transparency, security, and performance [4]

Core Insights - Freight Technologies, Inc. (Fr8Tech) is enhancing its logistics support for Amazon Mexico by integrating directly with its internal tracking system, which improves real-time visibility and operational oversight [1][2][3] Company Overview - Fr8Tech is a logistics management innovation company that offers a diverse portfolio of technology-driven solutions, including the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and Waavely for ocean freight management [4] Recent Developments - Since 2023, Fr8Tech has been providing logistics services for Amazon Mexico, focusing on high-demand seasonal operations and cross-border shipments [2] - The integration of Fr8App with Amazon Mexico's logistics operations enhances geolocation services, allowing for precise unit location tracking and automated monitoring [2][3] Leadership Perspective - CEO Javier Selgas emphasized that the collaboration with Amazon Mexico showcases Fr8Tech's reliability and scalability, and the new integration elevates operational efficiency [3]

Core Insights - Freight Technologies, Inc. (Fr8Tech) reported progress in its transition to a SaaS provider in logistics, achieving profitability in Q2 2025 despite challenges from higher tariffs and trade policy uncertainty [2][5] - The company completed initial sales of its Fleet Rocket TMS software and improved operating margins in its brokerage business, indicating a focus on technology-driven solutions [2][6] - Fr8Tech's revised outlook for 2025 reflects a shift towards higher margin software sales and AI innovations, leading to a reduction in revenue and operating margin expectations [5] Business Highlights - Fr8Tech launched Fleet Rocket, a cost-effective TMS software solution, and enhanced Fr8App with new features [6] - The company developed AI Logistics Worker agents in collaboration with the University of Monterrey to improve operational efficiency [6] - Fr8Tech expanded its cryptocurrency treasury, indicating a strategic investment approach [6] Financial Highlights - Fr8Tech achieved a net profit of $649 thousand with a net profit margin of 21.7% for Q2 2025, a significant improvement from a net loss of $1.95 million in Q2 2024 [6][12] - Operating loss improved from -$1.7 million in Q2 2024 to -$1.5 million in Q2 2025, attributed to higher margin brokerage operations and reduced expenses [6][12] - Revenue for Q2 2025 was reported at approximately $2.99 million, down from $3.84 million in Q2 2024 [12] Annual Outlook - The company anticipates lower revenue and operating margin for 2025 due to its strategic focus on software sales and the economic impact of tariffs on US-Mexico trade [5] - The revised revenue outlook for 2025 is projected between $13 million and $16 million, with an operating loss expected between -$4.5 million and -$6.3 million [7]

Core Insights - Fr8Tech has signed a two-year contract with Salzillo to license its Fleet Rocket Transportation Management System (TMS) for logistics operations across North America [1][2] - The adoption of Fleet Rocket by Salzillo reflects a broader industry trend towards digital solutions in logistics, enhancing efficiency and scalability in cross-border trucking [2][3] - Fleet Rocket is designed to simplify domestic and international logistics management, providing a cost-effective solution for brokers and shippers [3] Company Overview - Fr8Tech is a technology company focused on logistics management, offering a range of AI and machine learning-powered solutions to optimize supply chain processes [5] - The company's product portfolio includes Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients, Waavely for ocean freight management, and Fleet Rocket for transportation management [5] - Fr8Tech aims to improve operational efficiency through interconnected solutions that enhance carrier and shipper matching [5] Industry Context - The logistics industry is increasingly adopting digital solutions to remain competitive, as evidenced by Salzillo's implementation of Fleet Rocket [2] - The TMS market is evolving to meet the complexities of cross-border logistics, with a focus on increasing shipment visibility and control [2][3] - Companies like Salzillo, with extensive experience in freight transportation, are pivotal in driving the digital transformation within the logistics sector [4]

Core Insights - Freight Technologies, Inc. (Fr8Tech) has made significant advancements in its AI strategy by deploying AI-powered voice agents through a collaboration with Fetch.ai, marking a pivotal step towards smarter logistics systems [1][4] - The ASI1-Fast Agent, developed by Fr8Tech's AI Lab, has shown superior performance in natural voice interactions, particularly in Spanish, which is essential for its customer base [2][6] - The transition to Fetch.ai's Agentverse allows Fr8Tech's voice agents to operate autonomously, enhancing intelligent automation across its digital platforms [3] Company Developments - Fr8Tech is integrating the ASI1-Fast Agent with LiveKit WebRTC for real-time communication, facilitating the automation of key logistics tasks such as data extraction [2] - The collaboration with Fetch.ai is expected to expand the use of decentralized AI agents in various logistics functions, including automated load tendering and predictive routing [4] Technology and Performance - The ASI1-Fast Agent achieved a 69% exact match rate with human-verified responses, indicating high accuracy in voice interactions [6] - The agent demonstrated a 0.9 Levenshtein similarity and a 2.5 fluency ratio, showcasing its ability to engage in smooth and natural conversations [6] Product Portfolio - Fr8Tech offers a range of AI and machine learning-powered solutions aimed at optimizing supply chain processes, including Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Fleet Rocket for transportation management [5][7]

Core Insights - Freight Technologies, Inc. (Fr8Tech) has secured Reckitt Benckiser de México as a client, highlighting its ability to attract globally recognized companies in the logistics sector [1][2][3] - The partnership with Reckitt Benckiser is seen as a validation of Fr8Tech's platform and its value proposition within the logistics ecosystem [3] - Fr8Tech is focused on expanding its technology and network to enhance cross-border and domestic shipping capabilities in the USMCA region [3] Company Overview - Fr8Tech offers a diverse portfolio of technology-driven solutions aimed at optimizing and automating supply chain processes, utilizing AI and machine learning [4] - The company's solutions include Fr8App for B2B cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients, Waavely for ocean freight management, and Fleet Rocket as a Transportation Management System [4] - Each product is interconnected within a unified platform to improve operational efficiency through features like live pricing, real-time tracking, and digital freight marketplace [4]