InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Completes Strategic Integration on Path to Become Pivotal Player in Logistics
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform powered by AI and machine-learning, offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company today announced the completion of its integration with Trucker Tools, one of the most utilized carrier relationship management platforms in the United States. The integration is expected to increase the offers on loads by 75% and expand the carrier network in the U.S. by as much as twentyfold. “At Fr8App, we are proud to be a technology-driven company that is leading the charge in revolutionizing the freight industry,” said Javier Selgas, CEO of Fr8Tech. “We believe that our state-of-the-art freight-matching platform offers a real-time solution that provides flexibility, visibility and simplicity to our customers. Our integration with Trucker Tools is a significant milestone in our commitment to offering innovative and efficient logistics solutions. As we continue to integrate with key players in the industry, we aim to become a pivotal player in the logistics technology ecosystem, providing the main cross-border solution for shippers in the USMCA region. We are excited about the endless possibilities that technology offers and look forward to leveraging it to the fullest to bring value to our clients and stakeholders.”
To view the full press release, visit https://ibn.fm/Iat3u
About Freight Technologies Inc.
Freight Technologies (“Fr8Tech”) 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 USMCA 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, please visit 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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