Freight Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $155.1K
- Price
- $0.2523
- % Change (Daily % change from the live per-ticker quote feed.)
- -21.65%
- Volume
- 13.0M
About
Freight Technologies, Inc. is a technology company focused on enhancing transportation logistics. Operating through its subsidiary, Freight App, Inc., the company provides an AI and machine learning-powered business-to-business (B2B) marketplace for cross-border shipping within the NAFTA region. Its proprietary Fr8App platform effectively links freight carriers with shippers, boosting both matching accuracy and operational efficiency. This is achieved through a suite of integrated technologies, including dynamic pricing, live tracking capabilities, a digital freight exchange, brokerage functions, and comprehensive management solutions for transportation, fleets, and capacity optimization. Formerly known as Hudson Capital Inc., the company changed its name to Freight Technologies, Inc. in May 2022 and maintains its headquarters in The Woodlands, Texas.
Quick stats
Shares outstanding614.8K
Computed float603.6K
Float / shares98.2%
Key info
SectorIndustrials
IndustryIntegrated Freight & Logistics
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001687542
Websitehttps://fr8technologies.com
AI Summary
AI-generated1/50
minorbullishproduct launch
Freight Technologies Launches AI-Powered Proof-of-Delivery Validation
Freight Technologies (Nasdaq: FRGT) launched AI POD Validation, an artificial intelligence module within its Fleet Rocket Transportation Management System that automatically reads and verifies proof-of-delivery documents and flags those that fail validation requirements.
Built by the company's in-house AI Lab, the module returns an Approved, Review or Rejected verdict with a confidence score and supporting evidence, using multi-model signature and stamp detection, structured OCR, and bilingual English-Spanish stamp interpretation so operations teams only touch documents needing review.
The feature ships in the Enterprise version of Fleet Rocket alongside the AI Tendering Bot and Zayren.ai integration, and management frames it as part of Fr8Tech's transition toward a software-first, SaaS-based business serving the U.S.-Mexico corridor, with plans to extend the same document-intelligence approach to carrier invoices and bills of lading.
Red flags
- Launch announcement contains no disclosed customer adoption, pricing, or revenue impact metrics
- Forward-looking statement boilerplate flags risk of inability to obtain or maintain Nasdaq listing of ordinary shares