Oct 25, 2022
Freight Technologies (NASDAQ: FRGT), a company that develops solutions aimed at optimizing and automating the supply chain process, aims to revolutionize logistics operations for brokers, carriers and shippers by leveraging technology infrastructure to improve experiences and efficiency. “The infrastructure combines everything in a single control center, optimizing logistics, making fleets more efficient and reducing transportation costs,” reads a recent article. “Through its wholly owned subsidiary Freight App Inc. (‘Fr8App”), the company offers solutions such as the Fr8App Platform, a B2B cross-border shipping marketplace powered by artificial intelligence and machine learning; Fr8FMS, a solution that enables transportation companies and owners to handle their own fleet, thereby reducing operational costs; cloud-based Fr8TMS that allows users to manage fleet and request freight services on the marketplace; Fr8Radar; and Fr8Data. These technology solutions, the company holds, aim to contribute to its customers’ success by improving their efficiency and profitability.”
To view the full article, visit https://ibn.fm/kLehm
About Freight Technologies Inc.
Freight Technologies 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 NAFTA 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, visit the company’s website at Fr8Technologies.com.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.
Manufacturers say they are close to perfecting a new, more efficient solar panel that could help the United States reclaim ground it lost.
The Trump administration says all Iranian airlines are being “shut down.” So why is this jumbo jet still flying from Tehran to Southeast Asia?
I went to Galaxy Robot Park in Seoul to see how we might one day live with robots. It was part cutting-edge technology, part theatrics.
Japan and Australia have agreed to establish an annual finance ministers’ dialogue aimed at deepening cooperation in financial and economic policy, as well as strengthening bilateral collaboration on economic security. Under a memorandum of understanding signed on Monday that is effective for five years, the two countries’ finance ministers will meet regularly to promote cooperation across a broad range of economic themes. “Recognising that Japan and Australia’s economic and security...
India has sold its Akash air-defence missile system to Tajikistan and Turkmenistan, giving it a foothold in Central Asia as it seeks to become a major global arms exporter. Defence Secretary Rajesh Kumar Singh confirmed the latest sales on Thursday last week, hinting at interest from elsewhere as he called the Akash “one of our success stories”. Developed by India’s Defence Research and Development Organisation, the Akash is a home-grown, short-range surface-to-air missile system that can hit...
South Korea said on Monday that a recent border blast that seriously wounded two of its soldiers was caused by mines planted by North Korea. North Korea, which has been fortifying its border with South Korea since April 2024, deployed up to 7,000 workers to install mines and fences this year, with some 50 incidents of crossing the border, according to a briefing on Monday by the South’s military. The two Koreas are still technically at war after their 1950-53 war ended in an armistice rather...
Southeast Asian governments are learning some hard truths about the data centre boom they spent years working to attract, analysts say – it promises jobs, digital infrastructure and a foothold in the AI economy, but the rapid buildout is also straining power grids, land and regulatory systems. “There is this enthusiasm to attract investments, but now it raises the question: at what cost and at what speed?” said policy researcher Mark Manantan, a research fellow for the Centre for Global Security...
Hong Kong lawmakers have backed the government’s proposed tax incentives for large innovative companies, but many said on Monday that the planned five-year concession period is too short to attract major firms to establish headquarters or expand operations in the city. Chief Executive John Lee Ka-chiu in his policy address last month said the government planned to submit a bill introducing preferential profits tax rates of either 5 per cent or 8.25 per cent, which was half of the city’s standard...
Malaysia was aflush with Formula One fever this weekend, rekindling talk of permanently bringing the race back to the Southeast Asian nation after a long hiatus – despite days of traffic chaos that left thousands of fans stranded for hours. More than 260,000 people flocked to Sepang International Circuit in Selangor state for the Bahrain Grand Prix, which was originally meant to be held in April but had to be postponed and relocated away from the Persian Gulf island nation due to security...
US chip giant Qualcomm has agreed to pay to licence and acquire patents from China’s Huawei Technologies for the first time as part of a “multi-year, broad patent licence agreement” covering 5G, computing and artificial intelligence. The deal involved cross-licensing between both firms’ patent portfolios, the Shenzhen-based firm said in a statement on Monday, adding that it included Qualcomm’s purchase of specific Huawei US patents across compute, AI, networking and other technologies. The...
A former South Korean lawmaker has called for the abolition of the military exemption system granted to outstanding national athletes, arguing that military service should not be used as an incentive for achievements in sports or the arts. Yoo Seong-min’s remarks came amid controversy over comments made by members of South Korea’s men’s football team, who recently won its fourth consecutive Asian Games title, regarding the military benefits they received. South Korea defeated host Japan 1-0 on...
ASEAN is looking for a third partner. Japan fits the bill — if it plays its cards right
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.