Freight Technologies Inc. FRGT Archives - Page 3 of 11

WednesdayJan 03, 2024 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Agrees to Terms with Amazon Mexico for Domestic Shipping for the Second Consecutive Year

Fr8Tech, a tech company revolutionizing cross-border shipping, just announced the renewed selection of its Fr8App Platform for Amazon Mexico’s domestic shipping within the USMCA region Javier Selgas, Fr8Tech’s CEO, attributed this to the company’s commitment to meeting customer's needs and continuously improving its platform He also noted that this decision validated Fr8Tech’s capabilities while positioning the company as the go-to solution for B2B cross-border and domestic shipping within the region The company is optimistic that this move will help surpass the performance achieved in the first half of the 2023 financial year Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company…

ThursdayDec 28, 2023 12:45 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

ThursdayDec 14, 2023 9:59 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) AI Logistical Platform Chosen by Amazon Mexico for Second Consecutive Year

Freight Technologies (NASDAQ: FRGT), a technology-driven logistics company powered by its proprietary artificial intelligence (“AI”) and machine learning Fr8App platform has been selected by Amazon Mexico (Amazon.com Inc. (NASDAQ: AMZN) again for its logistical solutions. Fr8App uniquely provides a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States, Mexico, and Canada (“USMCA”) region. According to the announcement, Amazon Mexico has chosen Fr8App for the second year in a row to support and assist with navigating the logistic complexities of the high-demand season. The company reported that more than 670 cargo loads have been moved between Amazon distribution…

ThursdayNov 16, 2023 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) CEO Underscores Commitment to Continued Growth in Letter to Shareholders

Fr8Tech CEO recently wrote a letter to shareholders summarizing the company’s financial milestones and operational successes CEO Javier Selgas discussed the company’s robust revenue growth in Q2 2023 as well as the 93% year-over-year increase in its gross margins during the first half of the year The company’s commitment to innovation has led to the launch of an LTL offering and the establishment of an AI department Fr8Tech has successfully expanded into new markets, completed a number of strategic integrations with third-party solutions, and grown its customer base Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company whose lead product is…

WednesdayNov 15, 2023 1:15 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Strong Preliminary Earnings for Q3

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is 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. The company has released its preliminary financial results for the third quarter of 2023. Among the highlights, the company reported annualized revenue growth of 27% quarter over quarter and a margin increase of 27% year over year. “We had another quarter of strong growth and improved profitability at a time when a number of large players in the freight market are facing severe…

ThursdayNov 09, 2023 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Secures Request for Quotation with Global Pharmaceutical Conglomerate for Secure Product Transport

Freight Technologies announced securing a Request for Quotation from a leading global pharmaceutical giant that awards the company 33 lanes of transport pharmaceutical goods from the United States to Canada and Mexico The Request for Quotation extends over seven months, and Fr8App will provide uninterrupted, end-to-end logistics solutions, including secure transport, tracking, and reporting for each load The company’s dedicated team of professionals will oversee this vital operation to guarantee the smooth and efficient delivery of the pharmaceutical company’s critical products Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company developing solutions to optimize and automate the supply chain process through…

TuesdayNov 07, 2023 12:00 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) CEO Shares Open Letter to Shareholders

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a 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. The company today released an open letter from its CEO Javier Selgas addressing concerns regarding recent fluctuations in stock values. “In recent times, we’ve received inquiries about the downward trajectory of our stock... As the CEO of Fr8Tech, I hold your concerns in the highest regard. My paramount duty is to steer our company toward the realization of our objectives, and as I…

TuesdayOct 31, 2023 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Taking Part in the Trucking Industry’s Ongoing Paradigm Shift with Its Fr8App Platform

Lexaria, a global innovator in drug delivery platforms, just announced an exclusive license to SulfoSyn Limited to use its patented DehydraTECH(TM) technology Lexaria will also perform specific DehydraTECH-related manufacturing operations on SulfoSyn’s behalf for an initial term of 2 years The license agreement adds to Lexaria’s growing list, which, as of the last two years, includes BevNology LLC, Premier Wellness Science Co. Ltd., and Dehydr8, LLC, among others It highlights the superiority of Lexaria’s technology, as further compounded by the 37 patents granted so far Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just announced its latest…

ThursdayOct 26, 2023 12:00 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Selected by Leading Pharmaceutical Giant for Vital Logistics Operation

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and providing a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced a significant achievement with the recent success of securing an RFQ (Request for Quotation) from a leading global pharmaceutical giant. According to the announcement, the prestigious pharmaceutical conglomerate, renowned for its unwavering commitment to global health and life-changing innovations, has chosen Fr8App as its trusted partner for a crucial logistics operation. “We are incredibly proud and honored to…

MondayOct 23, 2023 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Reports Fr8Fleet Carrier Capacity Growth; Adds Advanced Tracking Capabilities to Fr8App with Successful Geotab Open API Integration

Fr8Tech has witnessed a rise in carrier capacity, reporting a 60.8% year-over-year increase in August 2023 carrier capacity levels compared to August 2022 The average capacity levels through August rose 55.7% year-to-date Luisa Lopez, Fr8Tech COO, attributed this growth to the company’s commitment to delivering quality services even during periods of downtime and securing high-quality carrier capacity Fr8Tech also announced that Fr8App recently completed an integration with Geotab’s open API The integration now allows Fr8App users to experience easy and precise tracking and monitoring of shipments Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a North American transportation logistics technology company offering…

Site Search

Company Search

Tag: Freight Technologies Inc. FRGT