Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process. The company is on a mission to revolutionize cross-border shipping by providing carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity. A recent article reads: “Fr8Tech leverages artificial intelligence to provide cloud-based platforms aimed at automating the over-the-road (‘OTR’) transportation process, effectively reducing human touch points and expediting lead booking times. The company’s suite of solutions includes: Fr8App, a B2B marketplace powered by AI and machine learning offering a real-time broker portal to connect shippers with quality careers; Fr8Radar, a tracking solution; Fr8TMS, a transportation management system; Fr8FMS, a fleet management system; Fr8Data, a data solution; and Fr8Fleet, a platform that provides private fleet management,” a recent article reads. “Through its core focus on technology, Fr8Tech seeks to reduce the carbon footprint of the logistics industry. Its solutions aim to minimize empty miles for transportation firms and reduce overall paper consumption.”
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About Freight Technologies Inc.
Freight Technologies, headquartered in Houston, Texas, is 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. For more information, please visit fr8technologies.com.
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