Freight Technologies explores sale of brokerage unit in AI pivot
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Freight Technologies Announces Strategic Update on Transition to AI-Powered, Software-First Logistics Technology Company
April 2, 2026 6:30 AM EDTCompany explores strategic alternatives for online brokerage business, including potential sale, as it accelerates commercialization of proprietary SaaS and AI platform
HOUSTON, April 02, 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 progress in its transformation from an OTR online freight broker to a software-first, AI-native logistics technology company. As part of the Company's strategic transition, the Company also announced that it is exploring strategic alternatives for its online... More
