StreetInsider.com News Articles

Fr8Tech cuts workforce, raises $1.2M as it exits brokerage ops

Wed, 15 Jul 2026 09:43:54 -0400

Freight Technologies, Inc. (Nasdaq: FRGT), known as Fr8Tech, announced workforce reductions and a $1.2 million capital raise as part of its ongoing shift away from online freight brokerage toward software and artificial intelligence products.

The company completed significant workforce reductions in the second quarter of 2026, concentrated within its brokerage operations. Fr8Tech expects to substantially complete its restructuring by the end of the third quarter of 2026, with total severance and restructuring costs estimated at approximately $0.4 million, of which $0.2 million was incurred in the second quarter.

On July 14, 2026, Fr8Tech entered into a securities purchase agreement with an institutional

Fr8Tech Advances AI-Native Transformation, Reduces Workforce and Raises Additional Capital

Wed, 15 Jul 2026 09:43:00 -0400

HOUSTON, July 15, 2026 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced that it has completed additional steps in its transition from an online freight broker to a pure-play, software and AI logistics technology company. These steps include a further reduction in workforce, a reduction of certain brokerage operations, and raising $1.2 million through the issuance of additional Series C Preferred Shares. The Company expects these actions to meaningfully lower

Fr8Tech Advances AI-Native Transformation, Reduces Workforce and Raises Additional Capital

Wed, 15 Jul 2026 09:43:00 -0400

Fr8Tech Advances AI-Native Transformation, Reduces Workforce and Raises Additional Capital

Wed, 15 Jul 2026 09:43:00 -0400

Fr8Tech Advances AI-Native Transformation, Reduces Workforce and Raises Additional Capital

Wed, 15 Jul 2026 09:43:00 -0400

Form 6-K Freight Technologies, For: Jul 15

Wed, 15 Jul 2026 09:00:00 -0400

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Form 6-K Freight Technologies, For: Jul 15

Wed, 15 Jul 2026 09:00:00 -0400

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Form 6-K Freight Technologies, For: Jun 23

Tue, 23 Jun 2026 17:20:00 -0400

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Form 6-K Freight Technologies, For: Jun 23

Tue, 23 Jun 2026 17:20:00 -0400

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Form SCHEDULE 13G/A Freight Technologies, Filed by: Fetch Compute Inc

Mon, 01 Jun 2026 21:40:00 -0400

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Form SCHEDULE 13G/A Freight Technologies, Filed by: Fetch Compute Inc

Mon, 01 Jun 2026 21:40:00 -0400

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Form 20-F Freight Technologies, For: Dec 31

Thu, 14 May 2026 17:29:00 -0400

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Form 20-F Freight Technologies, For: Dec 31

Thu, 14 May 2026 17:29:00 -0400

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Form 6-K Freight Technologies, For: May 13

Wed, 13 May 2026 09:00:00 -0400

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Form 6-K Freight Technologies, For: May 13

Wed, 13 May 2026 09:00:00 -0400

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Form NT 20-F Freight Technologies, For: Dec 31

Thu, 30 Apr 2026 16:32:00 -0400

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Form NT 20-F Freight Technologies, For: Dec 31

Thu, 30 Apr 2026 16:32:00 -0400

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Form 6-K Freight Technologies, For: Apr 21

Tue, 21 Apr 2026 09:05:00 -0400

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Form 6-K Freight Technologies, For: Apr 21

Tue, 21 Apr 2026 09:05:00 -0400

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Freight Technologies Formalizes Agentic AI Across the Organization to Scale Software-First Transformation

Tue, 21 Apr 2026 09:00:00 -0400

Fr8Tech’s AI Transformation Framework codifies the work behind the Company's productivity gains to accelerate the Fleet Rocket, Fr8App, and Zayren product roadmaps and its transition to a SaaS-based logistics company

HOUSTON, April 21, 2026 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, "Fr8Tech" or the "Company"), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the launch of the Fr8Tech AI Transformation Framework (“FATF”), a proprietary methodology that establishes the use of agentic AI across the Company's software development and enterprise operations.

Freight Technologies Formalizes Agentic AI Across the Organization to Scale Software-First Transformation

Tue, 21 Apr 2026 09:00:00 -0400

Form 6-K Freight Technologies, For: Apr 07

Tue, 07 Apr 2026 06:40:00 -0400

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Form 6-K Freight Technologies, For: Apr 07

Tue, 07 Apr 2026 06:40:00 -0400

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Freight Technologies launches AI customs compliance platform for Mexico trade

Tue, 07 Apr 2026 06:38:33 -0400

Freight Technologies Inc. (NASDAQ: FRGT) announced the commercial launch of DODA Smart, an AI-powered platform designed to automate customs compliance processes for trade operators working across the U.S.-Mexico border.

The platform automatically verifies, monitors and traces Digital Customs Documents for customs agencies, freight forwarders, carriers and import-exporters. DODA Smart synchronizes with Mexico's Tax Administration Service to provide real-time compliance intelligence.

The system addresses requirements from Mexico's 2026 Customs Law Reform, which mandates new digital recordkeeping and traceability standards. The platform processes both PDF and image-based DODA files using pattern recognition and language model interpretation to extract key information into a centralized database.

Key

Freight Technologies Launches DODA Smart, an AI-Powered Customs Compliance Platform for Mexican Trade Operators

Tue, 07 Apr 2026 06:30:00 -0400

Automates critical DODA processes from document extraction to SAT synchronization for customs agencies, freight forwarders and cross-border carriers navigating Mexico's 2026 Customs Law Reform

HOUSTON, April 07, 2026 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced the commercial launch of DODA Smart, an AI-powered platform to automatically verify, monitor, and trace the full lifecycle management of Digital Customs Documents (“DODAs”) for customs agencies, freight forwarders, carriers, and import-exporters