Freight Technologies Inc (FRGT) News

IMO buy for a huge gain.

FRGT new 52 week low

why would you buy this dilution pos ?

FRGT new 52 week low

Just started a position here

I agree

$FGRT short squeeze in place . Shorts must cover ! Oversold $dollar land insight #new contracts $revenues shall go bananas

$FRGT Super undervalued here folks !!

Set gtc at higher $5.00 plus , let’s make it happen , dollar land insight

FRGT new 52 week low

FRGT new 52 week low

take a look to the aftermarket...a lot of peaks up to 0,90 very quick ....that will be an massive rebound tomorrow[/img]

what a unbelievable number of shares going short today .... wooow
this will bring us a second race up to 2 $ and more

Lol yes game lol now huge bag

back to 1,60 $
the game has just begun

.78 come to papa $$$

I am reloaded at .74 hopefully it pops near close

Crazy chit. Stock trade 70 times the amount of the o/s

FRGT: Heck, ZERO ANYTHING moves a stock these days!! (And remember when only BAD news would move them?? E.g., bankruptcies, lawsuits, closing-shop, investigations, failed Phase-1 drug studies, inter alia!!)

Hey, TFCD, look at what my own BROKER said to me early today (below), when I requested his OPINION as to a proverbial 'trip-to-the-Moon' behind FRGT's classic Wall Street fluff news!!!

FRGT: Halted??? (On way to Jupiter, hopefully???)

The fluffier the better

yup https://ih.advfn.com/stock-market/NASDAQ/freight-technologies-FRGT/stock-news/93997882/form-6-k-report-of-foreign-issuer-rules-13a-16

but fluff moves stock prices in this whacked market

Fluff press release no dollar amount mentioned anything to move the price above a buck to stay in compliance

Freight Technologies Adds 26 New Customers and 149 New Carriers in 2024

Source: GlobeNewswire Inc.

Freight Technologies, Inc. (“Freight Technologies”, “Fr8Tech” or the “Company”) (NASDAQ: FRGT), an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is proud to announce it has on-boarded 26 new customers and 149 new carriers to its platform year-to-date.
Javier Selgas, Chief Executive Officer of Freight Technologies, commented, “The addition of new customers to our platform further demonstrates the need for greater efficiency and transparency in the freight, over-the-road (OTR) marketplace. More and more companies are coming to expect a certain level of automation, speed, and reliability when securing their freight and logistics needs. Fr8Tech is excited to be a provider of choice to address such demand across participants in the domestic and cross-border markets in North America.”

“In addition, reliable carriers are the backbone of any successful logistics operation. At Fr8Tech, we understand that dependable carriers ensure the timely and safe delivery of goods, which is critical for maintaining customer trust and satisfaction. By onboarding 149 new carriers, we are not only expanding our capacity to meet increasing demand but also enhancing our ability to provide consistent and reliable service,” concluded Mr. Selgas.

The roster of new customers extends Fr8Tech’s footprint across its core markets and its service offerings, especially its US domestic and US-Mexico cross-border spot services and the Company’s Fr8Fleet dedicated capacity services, a highly valued offering for large enterprise customers primarily in the Mexican domestic market. A few such companies that Fr8Tech has added in 2024 thus far are Grupo Solave, Argos Electrica, Aqua-Aid Inc, and AR Brokers LLC.

“Bringing new customers to our platform not only diversifies our revenue base and broadens our market reach,” noted Fr8Tech Chief Financial Officer Don Quinby, “it also strengthens our significance in the US, Mexican, and cross-border OTR space and expands the interactive and networking power of our platform with valuable data points on which all market participants rely. I also want to note that the company has been able to raise additional outside capital on excellent terms through promissory notes this year, and it is exciting to see the team put those funds to good use by growing our customer roster and building out the capabilities and third-party integrations of the platform.”

Mr. Selgas further added, “We are pleased with the Company’s progress so far this year, which has been marked by strong year-over-year revenue growth, new customer wins, and enhanced functionality, capability, and integrations of the Fr8App platform. That said, the market we serve continues to grow and evolve, and we have much more to do to take full advantage of the opportunity ahead of us. We are still in early days of the technology-driven transition of the freight and logistics industry, and we are excited to be at the forefront of this advancement.”

About Freight Technologies Inc.

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App, Inc. (“Fr8App”), is a B2B cross-border shipping marketplace in the USMCA region powered by AI and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once complex process of international OTR shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing, real-time tracking, digital freight marketplace dashboards, brokerage matching, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.

Loaded up the dip. Easy 15-20 bounce from here in a blink.

2.44 mln as of when 20-30 million went thru.in open market less than a month ago....It's gotta be higher now....Not to say It won't fly...

Took starter .64 Super low o/s and float.

FRGT new 52 low

FRGT new 52 week low

FRGT new 52 lo

FRGT new 52 lo

FRGT new 52 lo

FRGT new 52 lo

FRGT new 52 lo

FRGT new 52 week low

She’s about to POP - I gots mines

Float 545.360
Stocks outstanding 2.44 mln.
Yahoo finance.

$FRGT $2.12 --> $3.83

Nice 80% run on this swing from morning pr:
''Fr8App Secures Strategic Routes with Envases Universales for Logistics Services, Valued at More Than $5 Million Dollars'' https://t.co/LFDEmUVVcx— STOCKS Gambino (@StocksGambino) February 26, 2024

Fr8App Awarded Key Routes with Envases Universales

ITS ON

FRGT $3 re break on NEWS

https://crweworld.com/article/news-provided-by-globenewswire/3318377/fr8app-awarded-key-routes-with-envases-universales

FRGT........................https://stockcharts.com/h-sc/ui?s=FRGT&p=W&b=5&g=0&id=p86431144783

$FRGT bottom chart 2.4m float ai theme getting hot pic.twitter.com/JWrf6gDod3— STOCKS Gambino (@StocksGambino) February 16, 2024

after split you are down 50% but hopefully this is ready for reversal to get back to your buy price...gl

FRGT: effective Feb. 5,2024 a one for 10 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

FRGT new 52 week low

10-1 SPLIT ON FEB 5TH

New CFO

Grabbed some at .44. Good or not?

.55 AH

After reading their Q's and K's I think fair value is around .50 but IMHO could go to .40 after all is said and done. Might be good for the longer haul.