FRGT - Why Freight Technologies Stock Is Soaring Thursday | Benzinga
Freight Technologies, Inc. (NASDAQ:FRGT) shares are trading higher Thursday after the company said it added new customers and carriers to its app.
What Happened: Supply chain optimization company Freight Technologies has announced the addition of 26 customers and 149 carriers to its Fr8App, the company’s AI-powered freight matching platform.
Through the addition of new customers, the company has broadened its reach in key markets and improved its service offerings, especially in US domestic, US-Mexico cross-border spot services and the company’s Fr8Fleet dedicated capacity services.
By adding new carriers, Freight Technologies is ...