Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company that is transforming cross-border shipping by offering carriers and shippers unmatched flexibility, visibility and simplicity, has been at the forefront of pushing for reliable and dependable ways to organize, facilitate and monitor cross-border shipments, mainly through its Fr8App system. “The Fr8App is supported by artificial intelligence (‘AI’), machine learning and cloud computing, providing an unrivaled freight-matching platform with a real-time portal for B2B cross-border and domestic shipping. With Fr8App, connecting shippers with carriers and drivers is efficient and seamless,” a recent article reads. “Fr8App understands the complexities of cross-border logistics and knows that disruptions, such as railway closures, might occur. The company helps its customers navigate the process, providing business continuity and peace of mind. As more challenges to cross-border trade emerge, Fr8Tech’s importance will become more pronounced. The company has already positioned itself as the go-to brand for cross-border shipping solutions in the USMCA region and is poised to strengthen its market position in 2024.”
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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.
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