Freight Technologies (NASDAQ: FRGT) Jumps Revenue Guidance for 2023

February 27, 2023 15:04:58
  • 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 for 2023, boosting its anticipated sales by 40 percent to between $36 million and $42 million

Over-the-road shipping technology innovator Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is dedicated to keeping freight moving around the country and between the United States’ primary land-based trading partners in an efficiently designed and successful manner, using the company’s flagship AI-powered Fr8App B2B marketplace as a powerful tool.

Freight Technologies (also stylized as Fr8Tech) recently announced its market guidance data for the coming year, projecting revenues of between $36 million and $42 million for 2023, which will be an increase over 2022’s preliminary revenue figures of approximately $26 million to…

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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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