Freight Technologies Inc

Freight Technologies, Inc. develops and operates a cloud-based logistics management platform. Its products include a computerized platform that holds an online portal and a mobile App solution to provide third-party logistics services to companies actively involved in the freight transportation market, a Transport Management Solution for customers to manage their own fleet, and freight brokerage support and customer service. The company was founded in 2015 and is headquartered in The Woodlands, TX.

Freight Technologies, Inc. engages in the development and operation of a cloud-based logistics management platform. It provides freight platforms for cross-border shipping. It offers the Fr8App for carriers, shippers, and all stakeholders in land-based logistics. The company was founded in 2015 and is headquartered in The Woodlands, TX.

Freight Technologies (NASDAQ: FRGT ) stock is up by about 200% today after the company announced that Amazon (NASDAQ: AMZN ) had chosen to renew its selection to use the Fr8App in Mexico. The app, powered by Freight's proprietary artificial intelligence (AI), provides business-to-business shipping services, such as route planning, live tracking and data analysis, within the U.S., Mexico and Canada.

5 Investors Betting Big on Freight Technologies (FRGT) Stock

Amazon

Freight Technologies (NASDAQ: FRGT ) stock is trending on social media, and its shares are jumping over 370% in pre-market trading after Amazon (NASDAQ: AMZN ) again selected the company to be its partner in Mexico. Freight Technologies describes itself as “a technology driven logistics company.

Amazon Sends Freight Technologies (FRGT) Stock Soaring

Freight Technologies (NASDAQ: FRGT ) stock is on the rise Thursday after the logistics company announced an agreement with Amazon (NASDAQ: AMZN ). That agreement will see Amazon Mexico making use of the company's Fr8App platform for its logistics needs.

Why Is Freight Technologies (FRGT) Stock Up 120% Today?

Amazon Selects Fr8App Technology for Logistics Solutions in High-Demand Season Amazon Selects Fr8App Technology for Logistics Solutions in High-Demand Season

Freight Technologies, Inc. Selected for Amazon Mexico Business

Results include 27% Annualized Revenue Growth and 27% Year-over-Year YTD Margin Increase Results include 27% Annualized Revenue Growth and 27% Year-over-Year YTD Margin Increase

Freight Technologies, Inc. Announces Strong Q3 Preliminary Earnings

HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, has released an open letter from CEO Javier Selgas addressing concerns regarding recent fluctuations in stock values.

Fr8Tech's CEO Shares Open Letter Addressing Shareholders' Concerns

Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical giant Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical giant

Freight Technologies Inc. Secures Major Win with Leading Global Pharmaceutical Giant

Empowering Shippers and Carriers with Unprecedented Efficiency and Tracking Capabilities HOUSTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine-learning and offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, unveiled its latest improvement to its platform — an integration with Geotab's open application programming interface (“API”).

Fr8App Announces New Integration with Geotab's Open API for Improved Shipment Visibility

Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels

Freight Technologies Inc. (FRGT) Reports Record Capacity Levels from Fr8Fleet

HOUSTON, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for B2B cross-border shipping in the NAFTA region, announced that it received written notification on August 21, 2023, from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2).

Freight Technologies, Inc. (FRGT) Bid Price Deficiency

HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today reports its financial results for the second quarter of 2023, concluding on June 30, 2023. The company has demonstrated steady growth, achieving a 29% increase in revenue compared to the previous quarter and a 93% rise in margin compared to the same year-to-date period last year.

Freight Technologies, Inc. Reports Strong Q2 Earnings with 29% Revenue Growth and 93% Margin Increase

Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape

Freight Technologies' Fr8App Platform, Joins AMACARGA, Strengthening Its Position as a Leader in the Logistics Industry

Fr8App Integration with Trucker Tools Brings New Efficiency to Logistics Operation Fr8App Integration with Trucker Tools Brings New Efficiency to Logistics Operation

Freight Technologies, Inc. Completes Trucker Tools Integration, Significantly Expanding Network Scope and Reach

Unleashing Competitive Advantages: AI-Powered Fr8App Support Helps Drive Success During Expansion Unleashing Competitive Advantages: AI-Powered Fr8App Support Helps Drive Success During Expansion

Freight Technologies, Inc. Recognized as Outstanding Service Provider by K-FLEX de México, Securing Contract Renewal

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Integration with Samsara Boosts Fr8Radar, Enabling Real-Time Tracking for Fr8App Customers Integration with Samsara Boosts Fr8Radar, Enabling Real-Time Tracking for Fr8App Customers

Fr8App Announces New Integration with Samsara to Enhance Real-Time Freight Tracking

HOUSTON, May 23, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose industry-leading, custom-developed, AI- and machine learning-powered Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announces the appointment of Dr. Umberto León-Domínguez as director of the company's artificial intelligence (“AI”) division.

Freight Technologies, Inc. Appoints Umberto León-Domínguez as Director of AI

- Updates 2023 Revenue Guidance to $25-$30 Million– HOUSTON, May 12, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today reports first quarter 2023 revenue for the quarter ended March 31, 2023. Fr8Tech reported preliminary revenue of $3.3 million for Q1 2023, down from a strong $5.3 million for Q1 prior year 2022.

Freight Technologies, Inc. Preliminary Q1 2023 Revenue 11% below Q1 2022

HOUSTON, May 05, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. . (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announces the discontinuation of its alliance with Zaro Transportation.

Freight Technologies, Inc. Announces Discontinuation of Strategic Alliance with Freight Company from Mexico to Focus on Higher-Margin Opportunities

Fr8Tech increases convertible Note facility by $3.3 million to $9.9 million and renews $5.0 million secured lending facility Fr8Tech increases convertible Note facility by $3.3 million to $9.9 million and renews $5.0 million secured lending facility

Freight Technologies, Inc. Obtains and Renews Additional Funding

Fr8App's state of the art communication and tracking updates make cross border shipping a breeze for BeatBox Fr8App's state of the art communication and tracking updates make cross border shipping a breeze for BeatBox

Freight Technologies' Fr8App Named BeatBox Beverages' Number One Carrier for Cross Border Shipments

HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for B2B cross-border shipping in the USMCA region, Fr8now for LTL shipping services in Mexico and Fr8Fleet for dedicated capacity to enterprise companies in Mexico, previously announced that it received written notification on October 26, 2022, from The Nasdaq Stock Market LLC that it no longer complied with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2).

Fr8Tech (FRGT) Regains Compliance with Nasdaq Listing Rule

HOUSTON, April 05, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc.  (Nasdaq: FRGT) (“Fr8Tech''), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform that offers a B2B cloud-base solution for cross-border and domestic shipping within the USMCA region, reports a record increase in the number of new shipper clients added during the month of March 2023.

Freight Technologies Inc. (FRGT) Reports Highest Monthly Increase in New Clients Since Fr8App Platform Inception

Freight Technologies (NASDAQ: FRGT ) is trending, and FRGT stock is soaring over 20% today. The company signed a deal with Whirlpool's (NYSE: WHR ) Mexico division.

FRGT Stock Alert: Why Is Freight Technologies Up 20% Today?

Freight Technologies Inc. to Provide Logistics services to Whirlpool through its Fr8App's Platform Freight Technologies Inc. to Provide Logistics services to Whirlpool through its Fr8App's Platform

News for Freight Technologies Inc Stock (FRGT)