LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Freight Technologies Inc. (NASDAQ:FRGT)a technology company that develops solutions to optimize and automate the supply chain process, announces today that it has selected the business communication expertise of NBIa multi-faceted financial information and publishing company for private and public entities.
Freight Technologies provides a platform (Fr8App) for B2B cross-border shipping and domestic shipping in the United States-Mexico-Canada (NAFTA) region. The company’s mission is to revolutionize cross-border shipping by providing carriers with increased growth opportunities and shippers flexibility, visibility and simplicity for the once complex process of international road transport. Freight Technologies leverages artificial intelligence to deliver cloud-based platforms aimed at automating the trucking process, effectively reducing human touchpoints and accelerating load booking times.
The company’s suite of solutions includes:
- Fr8app – A B2B marketplace powered by AI and machine learning offering a real-time brokerage portal to connect shippers with qualified carriers
- Fr8Radar – A tracking solution providing shippers and carriers with real-time location data via Fr8app’s mobile solution or via integration with third-party GPS alternatives
- Fr8TMS – A transportation management system designed to help shippers manage their freight and all documents involved in shipping transactions, including invoices, customs documents, confirmation rates and proof of delivery
- Fr8FMS – A fleet management system allowing transport companies to better manage their fleets, reduce operational costs and provide better service to their customers
- Fr8Data – A data solution offering real-time dashboards and reports to shippers and carriers to increase visibility and control while supporting better business decisions
- Fr8Flotte – A platform that provides private fleet management, allowing large corporate shippers to purchase dedicated capacity secured by Fr8app in exchange for a fixed fee
As part of the client-partner relationship, IBN will leverage its investor-based distribution network of Over 5,000 key syndication points, various newsletters, social media channelstelegraph services via InvestorWireblogs and other outreach tools to generate greater awareness of Freight technologies.
With over 15 years of experience in assisting 500+ partner customers improve communications within the investment community, and a large family of 50+ trusted brandsIBN has amassed a collective following that includes millions of social media followers. IBN is uniquely positioned to provide Freight Technologies with the solutions needed to reach a wide audience of investors, consumers, journalists and the general public.
“Thousands of legacy brokers, tens of thousands of shippers, and hundreds of thousands of carriers still rely on outdated systems to arrange transportation. Through Fr8app, Freight Technologies leverages AI and machine learning to connect shippers to qualified carriers in real time,” said Chris Johnson, Director of Client Solutions for IBN. “We are excited to customize our complete suite of business communications solutions for Freight Technologies as it helps improve the efficiency and sustainability of cross-border transportation in North America.
To learn more about Freight Technologies, please visit the company press room @ www.IBN.fm/FRGT
About Freight Technologies Inc.
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly-owned subsidiary, Freight App Inc. (Fr8app), is a B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Focused on shipping transparency and efficiency, Fr8app offers carriers increased growth opportunities and shippers flexibility, visibility and simplicity for the once complex process of international road shipping (OTR). Fr8app uses its proprietary technology platform to connect carriers and shippers and dramatically improve matching and efficiency of operations through innovative technologies such as live pricing and real-time tracking, digital freight marketplace , Broker, Transport Management, Fleet Management and Committed Capacity Solutions. The company is headquartered in Houston, Texas. For more information, visit the company’s website at www.Fr8Technologies.com
About NBI
NBI consists of financial brands presented to the investing public over the course of more than 15 years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to meet the unique needs of a growing client-partner base. IBN will continue to expand its brand network of highly influential properties, leveraging the knowledge and energy of dedicated expert teams to serve our increasingly diverse client list.
Through NetworkNewsWire (“NNW”) and its Investor brand platformIBN provides: (1) access to a network of wireline solutions via InvestorWire reach all target markets, industries and demographics in the most effective way possible; (2) article and editorial Syndication to over 5,000 media outlets; (3) Improved press release to ensure maximum impact; (4) large-scale distribution to a growing social media audience; (5) a full range of business communication solutions; and (6) comprehensive news coverage solutions.
For more information, please visit https://www.InvestorBrandNetwork.com
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Forward-looking statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain because they are based on current expectations and assumptions regarding future events or the future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating these statements, potential investors should carefully consider the various risks and uncertainties identified in this release and the matters set forth in the company’s filings with the SEC. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Fr8Tech contact details:
investors@fr8technologies.com
Business communication
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
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