Freight Technologies Announces Unaudited Financial Results

From GlobeNewswire: 2025-01-10 17:15:00

Freight Technologies, Inc. (Nasdaq: FRGT) reported financial and operating results for the six months ended June 30, 2024. The company offers technology-driven solutions for the supply chain ecosystem. Fr8Tech provides platforms like Fr8App, Fr8Now, Fr8Fleet, and Waavely to optimize and automate shipping processes. The company is based in Houston, Texas.

Fr8Tech’s diverse portfolio includes AI-powered platforms for OTR B2B cross-border shipping, LTL shipping, and ocean freight booking. Their innovative technologies improve matching and operation efficiency for carriers and shippers. Fr8Tech’s solutions aim to address challenges within the supply chain ecosystem and enhance overall logistics management.

Fr8Tech’s forward-looking statements caution investors about potential risks and uncertainties. Factors outside the company’s control, like changes in laws, regulations, and economic conditions, could impact actual results. Fr8Tech advises against relying solely on forward-looking statements for predicting future events. The company emphasizes transparency and compliance with regulations in all its operations.



Read more at GlobeNewswire:: Freight Technologies Announces Unaudited Financial Results