Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company based on its custom-developed Fr8App platform, which is powered by AI and machine learning, that offers a real-time portal for B2B cross-border shipping and domestic shipping within the United States-Mexico-Canada (“NAFTA”) region. The company today disclosed its integration with FourKites(R), a leading supply chain visibility platform in the U.S. With the integration, Fr8App can send automatic locations to FourKites(R)’s New Unified Customer Interface so that its enterprise company users are able to receive real-time locations from drivers using Fr8App. “A leader in track and trace in the U.S., FourKites(R) is used by many enterprise companies and some of our current customers. With this integration we empower our Fr8Radar product, making the track and trace monitoring process more efficient for our customers currently using FourKites(R)’s monitoring system,” said Javier Selgas, CEO of Fr8Tech. “By integrating with Fr8App, FourKites(R) has validated our services and increased our access to new, large customers. We believe this alliance will be a long-term revenue driver and we look forward to reporting on our progress.”
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About Freight Technologies Inc.
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, visit the company’s website at Fr8Technologies.com.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
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