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Freight Technologies, Inc. FRGT
$0.99 -$0.05-4.81% NASDAQ
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Company Overview

Freight Technologies, Inc. is a technology-driven logistics company focused on optimizing and digitizing freight transportation, particularly cross-border shipping between the United States and Mexico. The company operates in the freight brokerage and logistics technology industries, providing digital solutions that connect shippers and carriers to improve efficiency, pricing transparency, and utilization. Its core value proposition centers on leveraging data, automation, and mobile-first platforms to streamline traditionally fragmented freight markets.

The company’s primary business is built around its digital freight-matching marketplace, which facilitates truckload transportation services for commercial shippers. Freight Technologies, Inc. primarily serves small- and mid-sized carriers and enterprise shippers engaged in North American trade, with a strategic emphasis on nearshoring-driven cross-border commerce. Founded in 2015, the company evolved from a traditional logistics concept into a technology-enabled platform provider and became publicly listed on Nasdaq under the ticker FRGT, reflecting its transition toward scalable digital freight solutions.

Business Operations

Freight Technologies, Inc. generates revenue primarily through brokerage fees and service charges earned by facilitating freight transactions on its platform. Its core operating business is conducted through Fr8App, a digital freight-matching platform designed to connect shippers with vetted carriers, offering pricing visibility and load optimization tools. The company’s operations are concentrated in cross-border truckload freight, where regulatory complexity and capacity fragmentation create barriers to entry.

The company operates with an asset-light model and does not own trucking fleets, instead relying on its technology, data infrastructure, and carrier network. Operations span both domestic freight movements within Mexico and cross-border shipments into the United States, supported by proprietary software, mobile applications, and backend analytics. Public disclosures indicate limited reliance on joint ventures, with business activities primarily conducted through wholly owned subsidiaries; however, detailed disclosure on all subsidiary structures is limited in publicly available filings.

Strategic Position & Investments

Freight Technologies, Inc. positions itself as a specialized player in the US–Mexico freight corridor, targeting structural growth driven by nearshoring, manufacturing relocation, and increased North American trade integration. Strategic initiatives have focused on expanding platform adoption, increasing transaction volume, and enhancing technology capabilities such as pricing algorithms and real-time shipment visibility.

The company has pursued selective investments in adjacent logistics technologies and service extensions intended to deepen customer engagement and carrier loyalty. Public disclosures reference efforts to integrate value-added services, including expedited freight and digital payment solutions, though the scale and financial impact of these initiatives remain limited relative to the core brokerage business. Data inconclusive based on available public sources regarding material acquisitions or large-scale equity investments.

Geographic Footprint

Freight Technologies, Inc. maintains its operational focus in North America, with primary activity concentrated in Mexico and the United States. The company is headquartered in Houston, Texas, while maintaining significant operational and commercial presence in key Mexican logistics corridors supporting cross-border trade.

Its market presence is largely regional rather than global, with services tailored to shippers and carriers operating along major manufacturing and trade routes between the two countries. While the company participates in international trade flows, there is no verified evidence of material operations or revenue generation outside North America based on publicly available filings.

Leadership & Governance

Freight Technologies, Inc. is led by its founder, who has played a central role in shaping the company’s strategic focus on cross-border digital freight solutions. Leadership emphasizes technology-driven efficiency, disciplined capital allocation, and targeted growth within underserved freight corridors.

Key executives include:

  • Javier SelgasChief Executive Officer
  • Adrian GonzalezChief Financial Officer (Data inconclusive based on available public sources)
  • Luis BazanChief Technology Officer (Data inconclusive based on available public sources)

The board and management team collectively guide corporate governance, strategy, and risk oversight in alignment with public company reporting standards, as outlined in SEC filings, including annual and quarterly reports.

Data complied by narrative technology. May contain errors

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