FRGT) aims for steady growth, traction in distinctive solutions

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Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) has expanded its operations with numerous enhancements to its cloud-based marketplace that simplifies the once-complex process of international cross-border over-the-road (“OTR”) shipping. In addition, Fr8Tech is constantly exploring new ways to create value for its customers, streamline the region’s cross-border shipping process and transfer it to the respective national markets. Its efforts to date have resulted in six distinct solutions in its product suite: Fr8App, Fr8Radar, Fr8TMS, Fr8FMS, Fr8Data and Fr8Fleet. A recent article reads: “The company’s focus on exploring new areas of revenue and value creation has resulted in 45% year-over-year revenue growth (“YOY “) for the second quarter of fiscal 2022 (“Q2 2022”). Fr8Tech CEO Javier Selgas said, “The growth reflects greater traction in each of our dedicated capacity products, Fr8Fleet and our services Domestic Fr8App in the U.S. Mr. Selgas noted that the company anticipates stable long-term growth, especially as market conditions improve and fuel prices stabilize. essential role in this growth, even as the company focuses on the transparency and overall efficiency of its logistics operations.

To see the full article, visit https://ibn.fm/WvY0e

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 shipping transparency and efficiency, Fr8App offers carriers increased growth opportunities and shippers flexibility, visibility and simplicity for the once complex process of international ground shipping (“OTR”) . Fr8App uses its proprietary technology platform to connect carriers and shippers and dramatically improve matching and operational efficiency through innovative technologies such as live pricing and real-time tracking, digital freight marketplace , Broker, Transport 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.

NOTICE TO INVESTORS: The latest FRGT news and updates can be found in the company’s newsroom at https://ibn.fm/FRGT

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