Freight Technologies Inc. (NASDAQ: FRGT) Innovation and 2024 Achievements FAQ

What were Freight Technologies Inc.’s key achievements in 2024?

In 2024, Freight Technologies Inc. achieved improvements in gross margins and cash flow from operations, launched Waavely for ocean freight booking, and onboarded new customers, including multi-national enterprises.

What new products has Freight Technologies Inc. launched?

Freight Technologies Inc. launched Waavely, a platform for ocean freight booking, and Fleet Rocket, a cost-effective Transportation Management System (TMS), along with an advanced AI Tendering Bot to automate the load tendering process.

How does Freight Technologies Inc. position itself in the logistics technology market?

Fr8Tech positions itself as a comprehensive digital freight-logistics technology company, focusing on innovative, cost-effective solutions and automation-driven services to navigate the current macroeconomic trade environment.

Who is the CEO of Freight Technologies Inc.?

Javier Selgas is the CEO of Freight Technologies Inc., as mentioned in the announcement of the company’s 2024 results and 2025 innovations.

What is the significance of the Fleet Rocket launch?

The launch of Fleet Rocket signifies Fr8Tech’s commitment to providing a nimble, scalable, and cost-effective Transportation Management System for brokers, shippers, and other logistics operators, enhancing operational efficiency.

Where can I find more information about Freight Technologies Inc.’s recent announcements?

More information can be found in the full press release available at https://ibn.fm/pbGbP.

What regions does Freight Technologies Inc.’s Fr8App platform serve?

The Fr8App platform is designed for seamless OTR B2B cross-border shipping across the USMCA region, as part of Fr8Tech’s diverse portfolio of solutions.

How does Freight Technologies Inc. utilize AI and machine learning?

Fr8Tech utilizes AI and machine learning to optimize and automate the supply chain process, including the development of an advanced AI Tendering Bot to streamline the load tendering process.