Fr8Tech launched an AI automation module to enhance invoice processing efficiency and compliance in supply chain management.
Quiver AI Summary
Freight Technologies, Inc. (Fr8Tech) announced the launch of a new AI-powered automation module, Carrier Auto Invoicing, within its Fr8app and Fleet Rocket Transportation Management System (TMS), aimed at enhancing the efficiency of freight billing processes. This module utilizes a large language model to extract and validate data from XML and PDF invoices, ensuring compliance with Mexico's electronic invoicing regulations. The automation allows carriers and back-office teams to upload necessary documentation for faster invoice verification while minimizing manual errors and providing real-time updates and alerts. CEO Javier Selgas highlighted that this innovation significantly improves operational efficiency and compliance for customers in Mexico and North America, reflecting Fr8Tech's commitment to advancing logistics technology beyond traditional freight forwarding solutions.
Potential Positives
- The successful rollout of the AI-powered Carrier Auto Invoicing module enhances operational efficiency and compliance for customers in Mexico and North America.
- This innovation reduces the time-consuming manual tasks associated with freight billing, leading to faster settlements and improved accuracy.
- The integration of AI and automation reflects Fr8Tech's commitment to transforming their service offerings and developing scalable SaaS products that add value in the supply chain ecosystem.
Potential Negatives
- Inclusion of numerous forward-looking statements raises concerns about the uncertainty of future performance and potential risks that could materially affect the company's results.
- Possible negative implications of the inability to maintain the listing on Nasdaq, which could impact investor confidence and company stability.
- Technology integration and reliance on AI present potential operational challenges, including risks of system errors that could affect billing accuracy and compliance.
FAQ
What is the new AI feature launched by Freight Technologies?
The new AI feature is called Carrier Auto Invoicing, which assists in data extraction and validation from XML and PDF invoices.
How does Carrier Auto Invoicing improve freight billing?
This feature streamlines invoice verification, enhances accuracy, and ensures compliance with electronic invoicing regulations in Mexico.
What technology does Freight Technologies use in their logistics solutions?
Freight Technologies leverages AI and machine learning to automate and optimize processes within the supply chain ecosystem.
How does Fr8Tech's innovation impact operational efficiency?
The integration of AI and automation reduces manual tasks, leading to faster invoice settlements and improved fiscal transparency for customers.
Where can I find more information about Freight Technologies?
More information can be found on Freight Technologies' official website at fr8technologies.com.
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 $10,400
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$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
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Full Release
HOUSTON, Oct. 17, 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 that address distinct challenges within the supply chain ecosystem, today announced the successful rollout of a new AI-powered automation module within its flagship
Fr8app
and
Fleet Rocket
Transport Management System (TMS) platforms.
The new AI feature, Carrier Auto Invoicing , is a large language model (LLM) assisted data extraction and validation module, designed to identify and standardize structured fields from XML and PDF documents. This innovation and roll-out will enable faster, more accurate invoice verification while ensuring compliance with Mexico’s Comprobantes Fiscal Digital por Internet (CFDI) electronic invoicing regulations under the Servicio de Administración Tributaria (SAT).
AI and Automation Streamline Freight Billing
With the new automation, carriers and back-office teams can upload all required documentation for invoicing, including official XML and PDF invoices. The platform performs automatic end-to-end validation and can autonomously execute segment or shipment status updates within system workflows, minimizing manual input and potential errors.
The system generates traceable, auditable validation records and provides real-time alerts via integrated automated billing logs and error channels for quick issue resolution.
“This launch marks a significant step forward in operational efficiency and compliance for our customers in Mexico and across North America,” said Javier Selgas, CEO of Freight Technologies. “By integrating AI and automation directly into our workflow platforms, we’ve removed one of the most notoriously time-consuming manual tasks in traditional freight billing, enabling the delivery of faster settlements, improved accuracy, and enhanced fiscal transparency. This innovation also reflects Fr8Tech’s commitment to building technology solutions that go beyond digital freight forwarding services as we continue to transform our portfolio with scalable SaaS products designed to help carriers and shippers automate critical processes and unlock efficiency gains across 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.