HOUSTON, March 04, 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, today announced the launch of its advanced AI Tendering Bot, an innovative solution designed to automate and streamline the load tendering process for shippers and freight brokers. This upgrade underscores Fr8Tech's strategic pivot to a Software-as-a-Service (SaaS) model, immediately enhancing service levels and automation for its enterprise clients. The launch also reinforces the Company's commitment to operational improvements and efficiencies through new technology to red

HOUSTON, Feb. 21, 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, announced today that its board of directors (the "Board") has approved the appointment of two new independent Board directors, Leilei Nie and Andres Gonzalez, effective February 14, 2025. These appointments follow the resignations of Paul Freudenthaler and William Samuels who recently notified the Board of their intentions to resign. Their resignations were not the result of any dispute or disagreement with either the Company or the Board. Mr. Freudenthaler will continue to s

HOUSTON, Feb. 10, 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, today announced the launch of Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators. Fleet Rocket is specifically designed to empower businesses to simplify the complexities of both domestic and cross-border logistics and optimize supply chain management across the USMCA region. Driving Cross-Border SuccessWith more and more companies shifting North American operations to nearshoring mo

-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 a

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. The Offering raised net cash proceeds of approximately $2.9 million (after deducting the transfer agent and legal fees and expenses

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. This renewal marks the continuation of a successful collaboration that began in 2022. Since inception, the relationship between Fr8Tech and Kimberly-Cla

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.  A copy of the earnings release has been furnished in the Company's Form 8-K filing and is also available on Fr8Tech's investor relations website at fr8technologies.com/investors. About Freight Technologies Inc.  Freight Technologies (NASDAQ:FRGT) ("Fr8Tech") is a technology company offe

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. The Successor Auditor's engagement became effective January 6, 2025, and until the next Annual General Meeting of the Company, while, at the request of the Company, the Fo

HOUSTON, Jan. 08, 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 that it has signed a new logistics services contract with a leading global toy industry brand. The Company's Fr8App platform has been providing over-the-road (OTR) logistics services across key shipment lanes in Mexico, particularly during peak seasonal demand periods. Building on the successful track record of reliable, cost-effective, and high-quality service, this new contract will ensure

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. The Annual Meeting was convened to consider proposals (the "Proposals") presented in the Notice

HOUSTON, May 09, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT, "Fr8Tech" or the "Company"))), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announces its financial results for the full year 2023, which concluded on Dec. 31, 2023. Fr8Tech recorded annual revenue for fiscal 2023 of $17.1 million vs. annual revenue of $25.9 million in 2022, a year-over-year decline of 34%. Despite the year-over-year decline in total revenue, the Company was able to increase its cash flow from

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8-K - Freight Technologies, Inc. (0001687542) (Filer)

8-K - Freight Technologies, Inc. (0001687542) (Filer)

8-K - Freight Technologies, Inc. (0001687542) (Filer)

8-K - Freight Technologies, Inc. (0001687542) (Filer)

8-K - Freight Technologies, Inc. (0001687542) (Filer)

8-K - Freight Technologies, Inc. (0001687542) (Filer)

HOUSTON, Feb. 21, 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, announced today that its board of directors (the "Board") has approved the appointment of two new independent Board directors, Leilei Nie and Andres Gonzalez, effective February 14, 2025. These appointments follow the resignations of Paul Freudenthaler and William Samuels who recently notified the Board of their intentions to resign. Their resignations were not the result of any dispute or disagreement with either the Company or the Board. Mr. Freudenthaler will continue to s

HOUSTON, May 23, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT) ("Fr8Tech"), a technology company whose industry-leading, custom-developed, AI- and machine learning-powered Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announces the appointment of Dr. Umberto León-Domínguez as director of the company's artificial intelligence ("AI") division. In his role as AI director, Dr. León-Domínguez will oversee the creation of a dedicated department within Fr8Tech to focus exclusively on AI developments – both boosting the company's existing advances and also developing new AI functionalities f