Freight TechnologiesFRGT
FRGT
About: Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is 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. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.
Employees: 78
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
156% more capital invested
Capital invested by funds: $32.4K [Q2] → $82.7K (+$50.4K) [Q3]
100% more funds holding
Funds holding: 2 [Q2] → 4 (+2) [Q3]
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
2.33% more ownership
Funds ownership: 0.66% [Q2] → 2.99% (+2.33%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FRGT.
Financial journalist opinion
Based on 3 articles about FRGT published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Freight Technologies Announces Adjournment of Annual Meeting of Stockholders
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.
Neutral
GlobeNewsWire
1 week ago
Freight Technologies Selected by Nestlé Mexico to Provide Domestic Logistics Services
HOUSTON, Dec. 09, 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 global food and beverage leader, Nestlé Mexico, has selected Fr8App to support its domestic logistics operations.
Neutral
GlobeNewsWire
2 weeks ago
Freight Technologies Provides Update on its Public Filings Procedures
HOUSTON, Dec. 06, 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 updates to its public filing procedures.
Neutral
GlobeNewsWire
1 month ago
Freight Technologies' Waavely Platform Sees Early Adoption Following Successful Launch
HOUSTON, Nov. 11, 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, is pleased to announce that since its launch in July 2024, its digital ocean freight platform, Waavely, has already secured four active customers, demonstrating promising early demand, adoption and traction for this innovative solution.
Neutral
GlobeNewsWire
2 months ago
Freight Technologies Regains Compliance with Nasdaq Listing Requirements
HOUSTON, Oct. 10, 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 on October 9, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) stating that the Company regained compliance with the minimum bid price requirement (“Minimum Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed.
Neutral
PRNewsWire
2 months ago
InnoTrans 2024: CRRC Showcases Next-Gen Freight Technologies
Leading the Charge in Efficient, Sustainable Heavy Haulage BERLIN , Sept. 26, 2024 /PRNewswire/ -- At this year's InnoTrans, CRRC Corporation Limited ("CRRC", SHA: 601766) took center stage with its On Track for A Low Carbon Future theme, introducing a suite of heavy-haul fast and eco-friendly freight transportation solutions at its booth, located at Stand 210, Hall 4.2 of Messe Berlin in Berlin, Germany.
Neutral
GlobeNewsWire
2 months ago
Freight Technologies Announces 1-for-25 Reverse Stock Split
HOUSTON, Sept. 23, 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, announced today that the board of directors of the Company approved a one (1) for twenty-five (25) reverse split of its issued and outstanding ordinary shares, no par value (the “Ordinary Shares”). The Company's Ordinary Shares will begin trading on a split adjusted basis on September 25, 2024.
Neutral
GlobeNewsWire
3 months ago
Freight Technologies Secures Win with Bayer
Fr8App expands cross-border truckload services with several lanes awarded by Bayer CropScience LP Fr8App expands cross-border truckload services with several lanes awarded by Bayer CropScience LP
Neutral
GlobeNewsWire
3 months ago
Freight Technologies Reports Strong Preliminary 2024 Mid-Year Results and Announces Exciting Advances in its Product Offerings
Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Year Performance Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Year Performance
Neutral
GlobeNewsWire
3 months ago
Freight Technologies Announces Extinguishment of $1.1M of Outstanding Debt and Convertible Notes
HOUSTON, Sept. 03, 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 announced that it has reached an agreement with Freight Opportunities LLC to extinguish $906K of outstanding promissory notes and accumulated interest and the remaining balance of Convertible Notes held on Freight Technologies' June 30, 2024 balance sheet at $220K. Freight Opportunities remains an equity investor in the Company.
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