Freight Technologies FRGT

Freight Technologies, Inc. operates a digital freight matching platform that connects shippers with carriers across the United States, Mexico and Canada. The company focuses on full truckload transportation while also offering dedicated capacity and less than truckload solutions through its branded services. Its technology provides real time tracking, automated booking, and data analytics to improve supply chain visibility and efficiency.

Revenue is generated primarily from transaction based fees earned when the platform matches a shipper’s load with a carrier and the shipment is completed. Additional revenue streams include subscription fees for the transportation management system, fees for dedicated capacity services under the FreightFleet brand, and charges for LTL shipping via the FreightNow brand. The company also derives income from brokerage support and customer service activities that facilitate end to end fulfillment on the platform.

The company operates through the following operational segments.

• FreightApp: This segment runs the core FTL marketplace matching individual loads with carriers using AI based bidding, real time tracking, and brokerage support.
• FreightFleet: This segment provides dedicated capacity solutions, offering exclusive use of trucks or fleets to large enterprise customers for regular ongoing shipping needs.
• FreightNow: This segment focuses on LTL services within Mexico, providing flexible affordable shipping for businesses of all sizes.

Freight Technologies occupies a niche as a technology driven freight broker in the North American cross border market competing with traditional 3PL providers such as C H Robinson Worldwide, J B Hunt Transport Services, and XPS Logistics as well as digital entrants like Uber Freight and Convoy. Its competitive advantage lies in its proprietary AI based matching engine, deep expertise in the underserved Mexican market, and an integrated suite of TMS, freight forwarding, and value added services that improve transparency and reduce empty miles.

The company serves a diverse base of shippers ranging from small and mid size businesses to large multinational corporations that require reliable freight movement across North America. Its carrier network includes independent owner operators, regional trucking firms, and larger fleets that meet the platform’s vetting and compliance standards. No individual customer names are disclosed in the filing.