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]

HOUSTON, Sept. 15, 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, continues to expand its role in supporting Amazon Mexico. Building on the expanded services announced in June 2024, Fr8Tech now integrates directly with Amazon Mexico’s internal tracking system, providing enhanced real-time visibility and operational oversight. Since 2023, Fr8Tech has been a l ...

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 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]

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 Viewpoint - Freight Technologies, Inc. has announced a one-for-four reverse share split of its ordinary shares, effective May 27, 2025, aimed at consolidating its share structure and potentially enhancing its stock price [1][2]. Share Structure Changes - The reverse split will reduce the number of outstanding ordinary shares from 9,145,074 to 2,286,269, with every four pre-split shares combining into one post-split share [2][4]. - The shares will continue to trade on the Nasdaq under the symbol "FRGT" but will have a new CUSIP number: G51413147 [2][4]. Fractional Shares Handling - No fractional shares will be issued; shareholders entitled to a fractional share will receive an additional share to round up to the next whole share if the fractional share is less than one-half [3]. - Fractional shares equal to less than one-half will be canceled [3]. Company Overview - Freight Technologies, Inc. specializes in logistics management and offers a range of technology-driven solutions, including the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and other services aimed at optimizing supply chain processes [5]. - The company utilizes AI and machine learning to enhance operational efficiency and improve the matching of carriers and shippers [5].

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]

Core Viewpoint - Freight Technologies, Inc. (Fr8Tech) is actively investing in blockchain-based digital assets, specifically purchasing Official Trump tokens, to enhance its financial strategy and advocate for fair trade across the US-Mexico border [1][2]. Company Summary - Fr8Tech has issued an additional $1 million in convertible notes, increasing its total investment in TRUMP tokens to $2 million [1]. - The company emphasizes the importance of fair and free trade, highlighting that cross-border trade between the US and Mexico reached $840 billion last year, supporting thousands of companies and millions of jobs [2]. - The CEO of Fr8Tech, Javier Selgas, expressed confidence in the long-term value of blockchain assets and the potential for collaborative trade solutions between the two countries [2]. - The CFO, Don Quinby, reported that the company's digital assets, including the initial $1 million purchase of TRUMP, are valued at approximately $10.7 million as of May 11, 2025 [3]. Industry Context - Fr8Tech operates within the logistics management sector, offering a range of technology-driven solutions aimed at optimizing supply chain processes [4]. - The company's portfolio includes various platforms such as Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Waavely for ocean freight management, all designed to improve operational efficiency [4].