Freight Technologies Inc Dossier
Qualitative Analysis
Business overview
Freight Technologies, Inc. (Nasdaq: FRGT, "Fr8Tech") is a technology-enabled logistics management innovation company incorporated in the British Virgin Islands. The company operates primarily through its wholly-owned subsidiary, Freight App, Inc. ("Fr8App"), providing a diverse portfolio of proprietary platform solutions powered by artificial intelligence (AI) and machine learning to optimize and automate the supply chain process. Its core products include Fr8App, a digital freight marketplace and transportation management system (TMS) focused on cross-border over-the-road (OTR) shipping within the USMCA region (U.S., Mexico, and Canada). Additionally, the company offers Fr8Now (less-than-truckload shipping), Fr8Fleet (committed capacity for enterprise clients), Waavely (digital ocean freight booking), Fr8Radar (real-time tracking), and Fleet Rocket (a cloud-based TMS for brokers and shippers). In late 2025, the company expanded its asset base by acquiring JAK Solar Loans 1 Limited, introducing a portfolio of residential solar-related financial contracts.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Strategic pivot from an over-the-road (OTR) online freight broker to a software-first, AI-native logistics technology company, focusing on proprietary SaaS platforms like Fleet Rocket, Zayren, and Fr8Radar.
Expected impact: Aims to deliver long-term value, improve operating margins, and establish a scalable, high-margin software business model.
Formalization of agentic AI across software development and enterprise operations to scale the software-first transformation and establish a centralized AI Lab.
Expected impact: Codifies prior productivity gains (15x domestic and 5x cross-border efficiency gains) and prepares the company for ISO/IEC 42001 alignment.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
Acquisition of a scalable platform managing and servicing residential solar-related financial contracts to broaden the asset base and add recurring cash flows.
Financial impact: Expected to strengthen the balance sheet, improve operating cash flows, and provide long-duration, recurring cash receipts (JAK Solar generated $314,810 in gross cash receipts in 2024).
Acquisition of $5.2 million in FET Tokens in exchange for Series A4 preferred shares to expand into the decentralized AI ecosystem and collaborate on blockchain/AI logistics technologies.
Financial impact: Diversified the balance sheet with digital assets and established a development partnership with Fetch.ai.
Strategic Partnerships
Integrates Fleet Rocket TMS with Solvento's financial solutions platform to enable direct invoicing, payments, factoring, and collections for logistics operators in Latin America.
Terms: Includes a mutual referral program to onboard partners and clients under a shared framework.
Integration with Blue Yonder's Transportation Management System (TMS) via EDI to optimize logistics and supply chain management for the 2025 season.
Terms: Not disclosed