Freight Technologies Inc. FRGT Archives - Page 8 of 11

FridayMar 03, 2023 2:45 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Modernizing Operations for Shippers and Carriers in USMCA Region

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a North American transportation logistics technology company, understands the direct relationship between successful, efficient trade and logistics services. “Through its in-house technologies, which are powered by artificial intelligence (‘AI’), Fr8Tech seeks to modernize operations for shippers and carriers in Mexico, Canada and the U.S. [the USMCA region] by optimizing logistics, reducing transportation costs and making fleets more efficient. All these benefits are anchored in an innovative digital freight matching technology: the Fr8App B2B marketplace. Fr8App is a central, cloud-based control center that connects shippers and carriers, matching them based on the former’s unique shipping needs…

ThursdayMar 02, 2023 10:30 am

Freight Technologies Inc.’s (NASDAQ: FRGT) Majoba Logistics Partner to Expand Carrier Capacity of Fr8Fleet Product

Freight Technologies, a technology company developing solutions to optimize and automate the supply chain process, has developed a B2B cross-border shipping freight matching platform through its subsidiary Freight App Inc. (“Fr8App”) The freight matching platform, known as Fr8App, supports several solutions, including Fr8Fleet, which enables shippers to secure freight capacity over time rather than on a trip-by-trip basis Fr8Fleet solves multiple problems faced by carriers and shippers, and has gained traction since its release in 2022 Most recently, Fr8App announced a partnership with Majoba Logistics, a leading transportation company in Mexico, to increase the volume of trucks available for Fr8Fleet…

WednesdayMar 01, 2023 12:30 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Focus of Chardan Capital Research Report; Maintains Buy Rating, Updates Price Target

Freight Technologies (NASDAQ: FRGT), a technology company whose 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 shipping and domestic shipping within the USMCA region, is featured in a recent Chardan Capital research report. In the report, Chardan Capital, a leading investment and research firm, maintained its buy rating on FRGT company shares and lowered the price target to $2. According to the announcement, Freight Technologies is pleased to receive the latest endorsement, which reflects the company's ongoing efforts to expand its operations and is an indication of continued confidence…

MondayFeb 27, 2023 9:00 am

Freight Technologies Inc. (NASDAQ: FRGT) Jumps Revenue Guidance for 2023 Amid New Optimism for Commercial Truck Transport, Tracking Tools

B2B marketplace builder Freight Technologies Inc. is an innovator in resources for strengthening commercial supply chain transports between the United States, Canada and Mexico Freight Technologies, also known as Fr8Tech, has developed its AI-powered Fr8App resource to provide shippers and carriers with the tools they need for monitoring shipments and vehicle performance, and improving efficiency In this month’s State of the Union address, President Joe Biden restated his administration’s commitment to boosting manufacturing close to home through policies that sustain price competitiveness and respect for quality employment Amid optimism for U.S. trade and labor policies, Fr8Tech recently announced revenue projections…

ThursdayFeb 23, 2023 9:00 am

USMCA Developed to Bolster North American Export Services, with Freight Technologies Inc. (NASDAQ: FRGT) to Capitalize on It

Export services under NAFTA, mainly covering transportation, travel, business, and financial services, increased from $14.7 billion in 1999 to $30.4 billion in 2021 With the transition from NAFTA to USMCA, trade in goods and services is set to see a spike from 2022 going forward, and Fr8Tech expects to capitalize on this Freight Technologies Inc., with its superior freight platform for North American cross-border shipping, yielded a 45% YOY revenue growth for Q2 2022, which it looks to surpass in the subsequent quarters of the current financial year With trucks moving about 70% of North American surface trade by value,…

FridayFeb 17, 2023 9:00 am

Freight Technologies Inc. (NASDAQ: FRGT), Providing Efficient Transport, Logistics Support Systems to Boost Continuous Growth of Trade in the USMCA Region

Freight Technologies (“Fr8Tech”) is a North American transportation logistics technology company streamlining and simplifying the once complex process of over-the-road (“OTR”) shipping Through its AI-powered Fr8app B2B marketplace, Fr8Tech connects shippers with carriers, helping reduce waste and inefficiency, and promoting security and visibility The company’s system is handy at a time when trade among parties to the USMCA is on an uptrend The continuous growth of trade among Canada, Mexico, and the United States, depends on the efficiency of trade support structures, such as the logistics-oriented technologies and services Fr8Tech is providing In the years since the North American Free…

ThursdayFeb 16, 2023 11:30 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Launches Major Fr8TMS Update

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company whose custom-developed Fr8App is an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced the launch of a major update for its transportation management system (“Fr8TMS”). The new update is designed to transform the commercial trucking industry by introducing logistics and transportation technology to move freight within the USMCA region, with a focus on cross-border shipping. “We are excited to introduce this new update to the Fr8TMS, which will revolutionize the commercial…

TuesdayJan 31, 2023 12:00 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT), Fr8App Partners with Leading Mexico-Based Trucking Company to Expand Services

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, is partnering with a leading transportation company in Mexico: Majoba Logistics. Fr8App is onboarding MAJOBA Logistics with an eye on expanding transportation capacity for its private fleet service. According to the announcement, Majoba Logistics’ fleet of vehicles will be added to the Fr8App platform in a move that provides a wider range of transportation options as well as more efficient and cost-effective services to customers.…

MondayJan 23, 2023 10:15 am

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Unveils Streamlined, Automated Carrier Onboarding Process

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning, offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, has announced a new, automated and effortless carrier onboarding process. The new process, states the company, makes it even easier qualified carriers to sign up and move loads with Fr8App. The announcement noted that qualified carriers who sign up on the Fr8App platform, can approved and unlock all the platform options in only minutes; users simply follow step-by-step instructions that are provided. The new streamlined process…

FridayJan 06, 2023 1:00 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Releases Projections for Double-Digit Revenue Growth in 2023

Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for business-to-business, cross-border shipping in the USMCA region, has announced its 2023 guidance for revenue. According to the announcement, the company anticipates revenue this year to reach somewhere between $36 to $42 million; the company reported 2022 revenue of approximately $26 to $27 million. “We look forward to continued growth in our cross-border and domestic FTL offerings over the course of the next 12 to 24 months and come into 2023 with a strong pipeline of existing customers…

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