Fr8Tech expands integration with Amazon Mexico, enhancing real-time tracking and operational efficiency in logistics management.
Quiver AI Summary
Freight Technologies, Inc. (Fr8Tech), a logistics management company, announced its enhanced integration with Amazon Mexico's internal tracking system, offering improved real-time visibility and operational oversight. This development follows Fr8Tech's logistics service provider role for Amazon Mexico since 2023 and aims to enhance geolocation services through precise tracking data. The integration will automate monitoring, detect unauthorized stops, and streamline alerts, thereby improving delivery expectations and efficiency. CEO Javier Selgas emphasized that this collaboration showcases Fr8Tech's ability to deliver innovative, technology-driven solutions that add value to global logistics operations. Fr8Tech continues to focus on advancements that meet the complex needs of the supply chain ecosystem, leveraging artificial intelligence and machine learning across its various platform solutions.
Potential Positives
- Fr8Tech has successfully integrated its services with Amazon Mexico’s internal tracking system, enhancing real-time visibility and operational oversight for logistics operations.
- The collaboration with Amazon Mexico demonstrates Fr8Tech’s reliability and scalability, reinforcing their existing partnership and showcasing their innovative technology solutions.
- The integration will automate monitoring and improve operational efficiency, addressing complex logistics challenges effectively.
Potential Negatives
- Integration with Amazon Mexico may increase dependence on a single client, which poses risks if the partnership changes or terminates.
- The forward-looking statements include significant risks and uncertainties, indicating potential volatility and unpredictability in future performance.
- The mention of the possibility of losing Nasdaq listing raises concerns about the company’s financial stability and investor confidence.
FAQ
What recent developments has Freight Technologies made with Amazon Mexico?
Freight Technologies has integrated directly with Amazon Mexico's tracking system for enhanced real-time visibility and operational oversight.
How does Fr8Tech improve logistics for Amazon Mexico?
Fr8Tech enhances logistics by providing precise geolocation services and continuous tracking data to optimize Amazon Mexico’s delivery operations.
What is the purpose of the Fr8App platform?
The Fr8App platform automates OTR B2B cross-border shipping and significantly improves logistics operation efficiency across the USMCA region.
How does Freight Technologies ensure operational efficiency?
Freight Technologies utilizes AI and machine learning to create innovative solutions that adapt to complex logistics requirements for global operations.
What risks are associated with Freight Technologies' future performance?
Risks include market competition, regulatory changes, and uncertainties surrounding projected financials, which could impact actual results compared to expectations.
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 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG removed 13,973 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $53,360
- 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
- MORGAN STANLEY removed 110 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $420
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HOUSTON, Sept. 15, 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, continues to expand its role in supporting Amazon Mexico. Building on the expanded services announced in June 2024 , Fr8Tech now integrates directly with Amazon Mexico’s internal tracking system, providing enhanced real-time visibility and operational oversight.
Since 2023, Fr8Tech has been a logistics service provider for Amazon Mexico, supporting high-demand seasonal operations and cross-border shipments. Fr8App is now enhancing its geolocation services to Amazon Mexico by providing precise unit location and continual movement tracking data to Amazon Mexico’s logistics operations. The integration allows Amazon Mexico to automate monitoring, detect unauthorized stops, and streamline alerts, improving delivery expectations and operational efficiency.
Javier Selgas, CEO of Freight Technologies, said, “Our ongoing and successful collaboration with Amazon Mexico over the years demonstrates Fr8App’s reliability and scalability. Now, by integrating directly into their system, we are elevating operational efficiency to a new level. This capability not only strengthens our existing relationship but also showcases Fr8Tech’s ability to deliver seamless and innovative, technology-driven solutions that create measurable value for global clients and their expansive operations."
This development emphasizes Fr8Tech's commitment to perpetual logistics operations improvement through its platform’s structural capability to continually adapt to and meet the complex, technology-driven requirements of major global logistics operations.
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.