NetworkNewsBreaks – Freight Technologies Inc. (N
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Posted On: 05/05/2025 4:01:23 PM
NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Continues to Drive Innovation on Heels of ‘Transformative Year’
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, recently announced its results for the full year ended Dec. 31, 2024. “2024 was a transformative year for Fr8Tech, highlighted by improvements across several key metrics including gross margins and cash flow from operations. In July, we launched Waavely, a state-of-the-art platform for ocean freight booking and management… The company also on-boarded many new customers to its platform in 2024, with continued momentum in the first quarter 2025, including new or expanded agreements with several multi-national enterprises,” said Javier Selgas, CEO of Fr8Tech.
“In 2025, we continue to demonstrate our commitment to innovation with the successful launch of Fleet Rocket, our cost-effective Transportation Management System (‘TMS’) for brokers, shippers and other logistics operators, and the introduction of our advanced AI Tendering Bot, designed to automate and streamline the load tendering process. Cumulatively, these activities and advancements position Fr8Tech as a comprehensive digital freight-logistics technology company. We remain focused on the expansion and adoption of our innovative and cost-effective solutions, and our automation-driven service offerings and lean corporate positioning enable the company and our customers to best navigate the current macroeconomic trade environment.”
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://nnw.fm/FRGT
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, recently announced its results for the full year ended Dec. 31, 2024. “2024 was a transformative year for Fr8Tech, highlighted by improvements across several key metrics including gross margins and cash flow from operations. In July, we launched Waavely, a state-of-the-art platform for ocean freight booking and management… The company also on-boarded many new customers to its platform in 2024, with continued momentum in the first quarter 2025, including new or expanded agreements with several multi-national enterprises,” said Javier Selgas, CEO of Fr8Tech.
“In 2025, we continue to demonstrate our commitment to innovation with the successful launch of Fleet Rocket, our cost-effective Transportation Management System (‘TMS’) for brokers, shippers and other logistics operators, and the introduction of our advanced AI Tendering Bot, designed to automate and streamline the load tendering process. Cumulatively, these activities and advancements position Fr8Tech as a comprehensive digital freight-logistics technology company. We remain focused on the expansion and adoption of our innovative and cost-effective solutions, and our automation-driven service offerings and lean corporate positioning enable the company and our customers to best navigate the current macroeconomic trade environment.”
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://nnw.fm/FRGT
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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