Streetbeat News

FRGT

Freight Technologies, Inc.

Industry

Software - Application

Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.

Open

1.40

Mkt cap

2.7M

Volume

71K

High

1.44

P/E Ratio

N/A

52-wk high

350.00

Low

1.35

Div yield

N/A

52-wk low

1.35

Freight Technologies, Inc. (Nasdaq: FRGT) has announced early adoption of its digital ocean freight platform, Waavely, which launched in July 2024. The platform has already secured four active customers, indicating promising demand and traction.

Portfolio Pulse from

November 11, 2024 | 2:30 pm

Old Dominion Freight Line (OD) has partnered with Folds of Honor to provide educational scholarships for families of fallen or disabled US service members and first responders. The scholarships will focus on fields like supply chain management and transportation.

Portfolio Pulse from

November 08, 2024 | 12:15 pm

Titanium Transportation has opened its 8th US freight brokerage office in Virginia, expanding its North American network to 11 locations. This expansion aims to enhance its customer base and support continued growth.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

The 'Freight Forwarding Industry in South Africa 2024' report has been released, profiling 22 key players in the industry, including DHL, DSV South Africa, and others. This report is now available on ResearchAndMarkets.com.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Freightos Limited (NASDAQ: CRGO) has announced that Qantas Freight has joined its air cargo booking platform, enhancing trans-Pacific capacity on routes between the US, Australia, and New Zealand.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Several industrial stocks experienced significant price movements during Monday's intraday session. Spirit Airlines (SAVE) saw a notable increase of 64.6%, while 1847 Holdings (EFSH) experienced a decline of 31.6%. Other gainers included JE Cleantech Holdings (JCSE) and Expion360 (XPON), while Exela Technologies (XELAP) and Fusion Fuel Green (HTOO) were among the losers.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:31 pm

Freight Technologies has regained compliance with Nasdaq's minimum bid price requirement, resolving its previous listing issue.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 1:05 pm

Several industrial stocks experienced significant price movements during Monday's intraday session. Notable gainers included Safe Pro Group, Surf Air Mobility, and Polar Power, while Laser Photonics and Graphex Gr were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 4:31 pm

In Tuesday's pre-market session, several industrial stocks experienced significant movements. AgEagle Aerial Systems saw a remarkable 101.9% increase, while Volato Group's stock fell by 8.8%. Other notable gainers included ATIF Holdings and GrafTech International, while Babcock & Wilcox and ZIM Integrated Shipping were among the losers.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 12:06 pm

Trading for FRGT was halted and has now resumed as of 8:55 AM ET. This update is crucial for investors tracking the stock's movements.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:55 pm

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