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. has signed a two-year contract with Accel Comercial, S.A. de C.V. to license its advanced Transportation Management System (TMS) software platform, Fleet Rocket [1][3] - Accel Logistica provides a wide range of logistics and supply chain solutions, serving various customers including multinational corporations and retailers across Mexico [2] - Fleet Rocket is designed to enhance operational efficiency, visibility, and communication within logistics networks, and will be utilized by Accel Logistica to improve its services [3] Company Overview - Freight Technologies, Inc. is a technology company focused on optimizing and automating supply chain processes through a diverse portfolio of AI and machine learning-powered solutions [4] - 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 for TMS [4] - Each product is interconnected within a unified platform to enhance operational efficiency through innovative technologies such as live pricing and real-time tracking [4]

Core Insights - Freight Technologies, Inc. (Fr8Tech) reported significant improvements in gross margins and cash flow from operations in Q1 2025, despite facing challenges in the macroeconomic environment [2][4] - The company launched Fleet Rocket, an advanced Transportation Management System (TMS), and introduced an AI-powered Tendering Bot to enhance its logistics solutions [2][7] - Fr8Tech is adjusting its 2025 revenue and margin outlook due to anticipated economic impacts from higher tariffs on US-Mexico trade, while remaining optimistic about recovering cross-border volumes through domestic shipments [5][6] Business Highlights - The company extended agreements with several multinational enterprises, indicating strong business relationships and market confidence [2] - Fleet Rocket was successfully launched, aimed at optimizing freight brokerage and shipping operations [7] - New features were added to existing platforms, including AI capabilities and mobile applications for dispatchers [7] Financial Highlights - Gross margin percentage increased by 7.0% year-over-year to 12.4% in Q1 2025 from 5.4% in Q1 2024, reflecting a focus on profitable routes [7] - Cash flow from operations improved by $0.2 million year-over-year to ($3.1) million in Q1 2025 from ($3.3) million in Q1 2024 [7] - Net loss decreased by $0.7 million year-over-year to ($1.6) million in Q1 2025 from ($2.3) million in Q1 2024, attributed to higher gross margins and lower operating expenses [7] 2025 Annual Outlook - The company is lowering the high-end of its revenue and margin outlook for 2025 due to expected economic impacts from higher tariffs on US-Mexico cross-border trade [5] - Fr8Tech believes it can recover most cross-border volume through domestic shipments, but remains cautious due to uncertainties in trade policy [5]