Freight TechnologiesFRGT
FRGT
About: Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is 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. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.
Employees: 78
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
156% more capital invested
Capital invested by funds: $32.4K [Q2] → $82.7K (+$50.4K) [Q3]
100% more funds holding
Funds holding: 2 [Q2] → 4 (+2) [Q3]
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
2.33% more ownership
Funds ownership: 0.66% [Q2] → 2.99% (+2.33%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FRGT.
Financial journalist opinion
Based on 4 articles about FRGT published over the past 30 days
Positive
PYMNTS
2 days ago
Freight Technologies Launches Transportation Management System for USMCA Region
Freight Technologies launched a transportation management system (TMS) designed for brokers, shippers and other logistics operators working across the United States-Mexico-Canada Agreement (USMCA) region. The new Fleet Rocket is designed to help these businesses handle both domestic and cross-border logistics and optimize supply chain management, the logistics management technology company said in a Monday (Feb.
Neutral
GlobeNewsWire
6 days ago
Freight Technologies Announces Commercial Launch of Fleet Rocket
Fleet Rocket is a new Transportation Management System (TMS) that redefines freight operations management across the USMCA region Fleet Rocket is a new Transportation Management System (TMS) that redefines freight operations management across the USMCA region
Neutral
GlobeNewsWire
1 week ago
Freight Technologies Advances Transformation to Accelerate Innovation, Reduce Costs, and Drive Growth
-Fr8Tech's Transportation Management System (TMS) to formally launch in February -Company announces workforce reduction to create operational efficiencies and align resources HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced significant updates in its strategic evolution as a technology-centric enterprise. Fr8Tech continues to advance its transformational focus on technological innovation to enhance and expand current operations with its valued customers, as it builds upon the commercialization of its Transportation Management System (TMS) software, scheduled to formally launch later this month.
Neutral
GlobeNewsWire
1 week ago
Freight Technologies Completes $3 Million Private Placement Offering of Convertible Preferred Stock
HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced the gross sale of $3.0 million (“the Offering”) consisting of 1,540,832 Series A4 preferred shares of the Company, par value $0.0001 per share ("Preferred Shares") to certain accredited investors in a non-brokered private placement.
Neutral
GlobeNewsWire
1 month ago
Freight Technologies Renews Multi-Year Logistics Services Agreement with Kimberly-Clark de México
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, announced today the renewal of its logistics services contract with Kimberly-Clark de México, S.A.B. de C.V. The renewed agreement extends the relationship for an additional two years and encompasses the transportation of products and goods throughout Mexico.
Neutral
GlobeNewsWire
1 month ago
Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024
HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.
Neutral
GlobeNewsWire
1 month ago
Freight Technologies Announces Change of Auditor
HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that it has changed its independent registered public accounting and auditing firm from Marcum LLP (“Marcum” or “Former Auditor”) to TAAD LLP (“TAAD” or Successor Auditor”), effective immediately.
Neutral
GlobeNewsWire
2 months ago
Freight Technologies Announces Adjournment of Annual Meeting of Stockholders
HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that the Company has adjourned its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), originally scheduled to be held on December 12, 2024, to Friday, December 13, 2024 at 1pm, Monterrey, Mexico time, in order to provide stockholders additional time within which to vote on all proposals.
Neutral
GlobeNewsWire
2 months ago
Freight Technologies Selected by Nestlé Mexico to Provide Domestic Logistics Services
HOUSTON, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that global food and beverage leader, Nestlé Mexico, has selected Fr8App to support its domestic logistics operations.
Neutral
GlobeNewsWire
2 months ago
Freight Technologies Provides Update on its Public Filings Procedures
HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced updates to its public filing procedures.
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