Fleet Rocket expands connectivity by adding 23 new GPS providers, enhancing its Transportation Management System capabilities.
Quiver AI Summary
Freight Technologies, Inc. (Fr8Tech) announced a significant enhancement to its Fleet Rocket Transportation Management System (TMS) with the integration of 23 new GPS providers, increasing the total to 54. This expansion aims to enhance visibility, automation, and intelligence across the logistics chain, positioning Fleet Rocket as one of the most connected TMS platforms in North America. The Fr8Radar module aggregates real-time geolocation data from various GPS providers, facilitating better communication between shippers, carriers, and fleets in the U.S. and Mexico. CEO Javier Selgas emphasized that this growth not only strengthens real-time visibility and operational intelligence but also underscores Fr8Tech’s commitment to building a robust digital framework for freight operations. The company's portfolio includes other technology-driven solutions designed to optimize supply chain processes.
Potential Positives
- Fleet Rocket has integrated 23 new GPS providers, expanding its total to 54, making it one of the most connected TMS platforms in North America.
- This enhancement demonstrates Fr8Tech's commitment to providing real-time visibility and operational intelligence in the logistics chain.
- The integration strengthens Fr8Tech's ability to serve a growing carrier base while improving performance and efficiency across its cross-border logistics network.
- Fr8Tech's modular architecture evolution indicates ongoing innovation and adaptability in addressing supply chain challenges.
Potential Negatives
- The press release emphasizes the company's reliance on forward-looking statements, highlighting significant risks and uncertainties that could materially affect its actual results.
- It mentions the possibility of being adversely affected by economic, business, and competitive factors, which may raise concerns among investors regarding the stability of the company’s operations.
- The caution against placing undue reliance on forward-looking statements could signal potential volatility and lack of predictability in the company's future performance.
FAQ
What is the Fr8Radar module in Fleet Rocket?
The Fr8Radar module is a feature of Fleet Rocket that integrates GPS systems to enhance visibility and intelligence in logistics management.
How many GPS providers are now connected to Fleet Rocket?
Fleet Rocket has integrated a total of 54 GPS providers, including 23 new systems added in the past year.
What benefits does Fleet Rocket offer logistics operators?
Fleet Rocket improves visibility, automation, risk mitigation, and operational intelligence across the logistics chain for brokers and shippers.
Who are some of the integration partners for Fr8Radar?
Integration partners include FourKites, Samsara, Tecnomotum, among other leading GPS providers in both the U.S. and Mexico.
What is the main goal of Fleet Rocket's enhancements?
The goal is to strengthen the platform's connectivity and intelligence, making it a leading TMS solution in North America.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FRGT Insider Trading Activity
$FRGT insiders have traded $FRGT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FRGT stock by insiders over the last 6 months:
- DONALD QUINBY (Chief Financial Officer) purchased 4,000 shares for an estimated $10,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FRGT Hedge Fund Activity
We have seen 1 institutional investors add shares of $FRGT stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA SECURITIES, LLC added 11,017 shares (+inf%) to their portfolio in Q2 2025, for an estimated $19,720
- CITADEL ADVISORS LLC removed 7,402 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $13,249
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Fleet Rocket’s Fr8Radar Module Adds 23 New GPS Providers to its Network
With 54 Integrated GPS Providers, Fleet Rocket is One of the Most Connected and Intelligent TMS Platforms in North America
HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, today announced further enhancement and expansion of Fleet Rocket, a cloud-based Transportation Management System (TMS) designed to improve visibility, automation, and intelligence across the logistics chain.
Through its Fr8Radar module, Fleet Rocket has integrated 23 additional GPS systems in the past year, bringing the total to 54 GPS providers connected to the platform. This growth is part of Fr8Tech’s long-term strategy to make Fleet Rocket one of the most connected, integrated and intelligent TMS solutions in the logistics industry.
Fleet Rocket’s Fr8Radar serves as the bridge between shippers, carriers, and fleets, aggregating real-time geolocation data directly from GPS hardware across trucks and trailers in the U.S. and Mexico. With integration partners including FourKites , Samsara , Tecnomotum , and many other leading GPS providers in both markets, Fr8Tech continues to expand the network in line with its fast-growing carrier base.
“This expansion reflects our ongoing strategy to make Fleet Rocket not just more powerful, but powerfully connected,” said Javier Selgas, CEO of Freight Technologies. “We’re proud to count the main GPS providers in Mexico and the U.S. among our integration partners. Every new integration strengthens our ability to provide real-time visibility, risk mitigation, and operational intelligence — and it’s remarkable to note that, while other companies specialize exclusively in GPS integration, for Fr8Tech, this capability is simply one of many within a broader enterprise system.”
Fleet Rocket continues to rapidly evolve its modular architecture to deliver new capabilities, enhance transparency, bolster security, and improve performance across Fr8Tech’s cross-border logistics network. The expansion of F8Radar further reinforces the Company’s commitment to building the digital backbone for modern freight operations in North America.
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) (“Fr8Tech") is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region; Fr8Now , a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet , a dedicated capacity service for enterprise clients in Mexico; Waavely , a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide and Fleet Rocket a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators. Together, each product is interconnected within a unified platform to network carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. For more information, please visit fr8technologies.com .
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with the Securities Exchange Commission.
Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.