Freight Technologies Inc. FRGT Archives - Page 11 of 11

WednesdaySep 14, 2022 10:00 am

Freight Technologies Inc. (NASDAQ: FRGT) Marks Milestone Intended to Foster Company Growth

Freight Technologies is an emerging growth company whose unique solutions suite is designed to optimize and automate the supply chain process and provide a platform for B2B cross-border shipping in North America The company recently filed Form F-1 with the SEC registering more than 19 million ordinary shares for resale by selling shareholders identified in the registration statement CEO Javier Selgas hailed the milestone as a move that positions the company to continue to work with the capital markets to foster company growth The filing comes amid favorable market reports that evidence resurgence of the truck freight market in North…

FridaySep 09, 2022 11:20 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Expands KCM Relationship to Meet Needs for US/Mexico Cross-Border Traffic

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company based on its custom-developed and AI- and machine learning-powered Fr8App platform, which offers a real-time portal for B2B cross-border shipping and domestic shipping within the United States-Mexico-Canada (“NAFTA”) region. The company today announced the expansion of its relationship with Kimberly Clark de Mexico, S.A.B. de C.V. (“KCM”) to include the Fr8App platform for cross-border logistics for shipments from Mexico to the United States. “Pleased with the level of service and value KCM received from Fr8Fleet and domestic spot services, KCM logistics management chose the Fr8App platform to address their needs for…

MondayAug 29, 2022 1:29 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Streamlining NAFTA Region’s Cross-Border Shipping Process

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), through its Fr8App platform, offers a cloud-based marketplace that simplifies the once-complex process of international over-the-road (“OTR”) cross-border shipping. Innovative solutions offer quick and safe cross-border shipments while streamlining daily carrier operations. “The platform functions just as well for domestic, intra-country operations in each of the countries of the United States of America, Mexico or Canada. Because of this and other offerings in the Fr8Tech solutions suite, including but not limited to Fr8Radar, Fr8TMS and Fr8FMS, the company has come to be known for developing solutions to optimize and automate the supply chain process, offering…

FridayAug 26, 2022 11:29 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Record Revenue for Q2 2022

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), 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, today announced its revenue for the second quarter of 2022 for the period ended June 30, 2022. Among the highlights, Fr8Tech reported record quarterly revenue of $8.5 million for Q2 2022, up 60% from $5.3 million in Q1 2022 and up 45% from $5.9 million in Q2 2021. “Second quarter 2022 revenue, a record, increased 60% on a sequential quarter basis and 45% on a year-over-year basis,” said Fr8Tech…

WednesdayAug 17, 2022 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Grows its Product Offering; Looks to Reinforce Business Relationships in Mexico with Scheduled CFDI 4.0 Launch

Freight Technologies Inc., often abbreviated as Fr8Tech, has seen the introduction of a unique solutions suite designed to optimize and automate the supply chain process and provide a platform for B2B cross-border shipping in the NAFTA region Hudson Capital Inc. acquired 100% of Freight App, Inc. as a wholly owned subsidiary on February 14, 2022, and Fr8App (a “DBA” for Freight App, Inc.) is not only a DBA name, it is their core marketplace (a service or platform under the Freight Technologies umbrella) (https://ibn.fm/mZnwe) Fr8App, the company’s flagship product and platform for cross-border shipping, offers a cloud-based marketplace that simplifies…

MondayAug 15, 2022 12:32 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Files F-1 Registration

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), 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, today announced that it has filed a Form F-1 with the SEC. “We are incredibly proud of our team and thank them for their work and dedication to deliver our F-1 registration, which positions us to be able to continue to grow as a public company. Delivering our registration statement puts us in a position to continue to work with the capital markets to foster the growth of our…

TuesdayJul 26, 2022 10:23 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Samsung Mexico SDS Contract Award

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process as well as providing a platform for B2B cross-border shipping in the NAFTA region, has been awarded a contract with Samsung Mexico in regard to its SDS business. According to the announcement, FRGT has already started to use its platform to assist with shipments from Mexico to the United States. Fr8App delivers cross-border capacity “during a difficult market when others have not been able to do so,” said a Samsung Mexico official, who noted that the company has more than 100 trucks going from…

TuesdayJul 19, 2022 1:15 pm

QualityStocksNewsBreaks – Why Freight Technologies Inc. (NASDAQ: FRGT) Is ‘One to Watch’

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;…

TuesdayJul 12, 2022 2:20 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Upgrades EDI to Include Location Sharing, Shipment Status Improvements

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process and providing a platform for B2B cross-border shipping in the NAFTA region, announced that it has upgraded its electronic data interchange (“EDI”). The upgraded EDI now features the ability to enable location sharing and shipment status changes. “To help increase Fr8App large shippers’ efficiency and the stickiness of our application, we continue to improve our EDI, which increases notification speed and reduces costs with our agile, paperless electronic exchange of data,” said Fr8Tech and Fr8App CEO Javier Selgas in the press release. “Recently,…

MondayJul 11, 2022 9:00 am

Freight Technologies Inc. (NASDAQ: FRGT) Is ‘One to Watch’

Fr8Tech aims to revolutionize cross-border shipping by providing shippers flexibility, visibility and simplicity Through Fr8app, the company reduces human touch points and expedites load booking times Fr8Tech seeks to lessen the carbon footprint of the logistics industry by minimizing empty miles for transportation firms and reducing overall paper consumption The company’s established foothold in Mexico, the U.S.’s largest trade partner, is key to its current efforts to promote sustainable growth in the cross-border shipping industry U.S.-Mexico cross-border annual freight spending is estimated at $385 billion The company is led by a strong management team with decades of experience in transportation…

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