Freight Technologies Announces Strategic Update on Transition to AI-Powered, Software-First Logistics Technology Company
Freight Technologies (Fr8Tech) is transitioning from an online freight broker to an AI-powered, software-first logistics technology company. The company is exploring strategic alternatives for its online brokerage business, including a potential sale, to focus on its proprietary SaaS and AI platforms like Fleet Rocket, Zayren, and Fr8Radar. This strategic shift aims to leverage their AI solutions to address inefficiencies in the supply chain, particularly in the growing U.S.-Mexico cross-border freight market.