Curated News
By: NewsRamp Editorial Staff
May 05, 2025
Fr8Tech Announces Strong 2024 Results and Unveils New Innovations for 2025
TLDR
- Fr8Tech announced strong results for 2024, including improved gross margins and new customer onboarding, setting them apart in the logistics industry.
- Fr8Tech's innovative solutions like Waavely and Fleet Rocket optimize supply chain processes through AI and machine learning, enhancing operational efficiency.
- Fr8Tech's advancements in digital freight logistics technology aim to improve operational efficiency, reduce costs, and enhance the overall supply chain ecosystem.
- Fr8Tech's introduction of the AI Tendering Bot revolutionizes the load tendering process, showcasing cutting-edge automation technology in the logistics sector.
Impact - Why it Matters
This news showcases Fr8Tech's growth and commitment to innovation in the logistics industry, providing cost-effective solutions for brokers and shippers. The advancements in technology aim to streamline operations and improve efficiency, benefiting both the company and its customers.
Summary
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a logistics management innovation company, announced its 2024 results, showing improvements in key metrics. The company launched Waavely for ocean freight and on-boarded new customers. In 2025, Fr8Tech introduced Fleet Rocket and an AI Tendering Bot, solidifying its position as a digital freight-logistics technology company.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Fr8Tech Announces Strong 2024 Results and Unveils New Innovations for 2025
