{"id":799677,"date":"2025-01-10T17:18:43","date_gmt":"2025-01-10T22:18:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/freight-technologies-announces-unaudited-financial-results-for-the-six-months-ended-june-30-2024\/"},"modified":"2025-01-10T17:18:43","modified_gmt":"2025-01-10T22:18:43","slug":"freight-technologies-announces-unaudited-financial-results-for-the-six-months-ended-june-30-2024","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/freight-technologies-announces-unaudited-financial-results-for-the-six-months-ended-june-30-2024\/","title":{"rendered":"Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">HOUSTON , Jan.  10, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HJq0xwpUq_JmIf39ZTT3Zd3d6V639cBTko_cRyZuloVMFelRNaP90W0-VQZLNWA94j_I0hHovaKRtb-7akkZ4yAFSqAL_ZZQSy5GKZZ45Ko=\" rel=\"nofollow\" target=\"_blank\">Freight Technologies, Inc.<\/a> (Nasdaq: FRGT) (\u201cFr8Tech&#8221; or \u201cFreight Technologies&#8221; or the \u201cCompany\u201d), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.\u00a0<\/p>\n<p>A copy of the earnings release has been furnished in the Company\u2019s Form 8-K filing and is also available on Fr8Tech\u2019s investor relations website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KdpQKMp5lvO_g8igJrYOnuLfK3xMIKDNrKKhQ2FAb5U2p4H_GBEOCBfsfqDWRV-8aYwk00-ydQPCHyG8Bgz9cpm5aj4SEiw6lBpmeT8vLkFlD67nkG0c_AR5eIi9pSYE\" rel=\"nofollow\" target=\"_blank\">fr8technologies.com\/investors<\/a>.<\/p>\n<p>\n        <strong>About Freight Technologies Inc.\u00a0<\/strong>\n      <\/p>\n<p>Freight Technologies (Nasdaq: FRGT) (\u201cFr8Tech&#8221;) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company\u2019s portfolio of solutions includes the<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gcydsImrZyYXmpyIUAGObTCgDd8Nv6Qm-S7di-ROaP1R4v1hzj0dCispuvYIHZOPcwcWcXXwOPIbCizMX7cvEA==\" rel=\"nofollow\" target=\"_blank\"><em>Fr8App<\/em><\/a> platform for seamless OTR B2B cross-border shipping across the USMCA region;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yrhAjIroc5TrBKcnXvxswbfZ6kaXpw0oj5cbFx3LmIC-bIObbaIRuIvgoWNqDtIOOz2z_S1Ysa-ClzfgDOic-w==\" rel=\"nofollow\" target=\"_blank\"><em>Fr8Now<\/em><\/a>, a specialized service for less-than-truckload (LTL) shipping;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OKgQiNi11ci9hrcH-RgHb2HfoqseS2ko7vlKuU7iOY0gp0G8p5dU5L7U1LQcNhKvLStBwzA7p2b0z-1E3KdLZ3IPs-j3yxzwpKVcIcwqWI4=\" rel=\"nofollow\" target=\"_blank\"><em>Fr8Fleet<\/em><\/a>, a dedicated capacity service for enterprise clients in Mexico; and<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JoKff9rbTHf51u8rS5KdTFdWdZjOw0iCum36dcwk5snmr8u-Cizk3Ey3HnjsThV2ANk-CPlO86N9j2u1mf-P2w==\" rel=\"nofollow\" target=\"_blank\"><em>Waavely<\/em><\/a>, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide. Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wm4diiEb0lYYqk3aoVo708Z2CyomELiRraysSCTo4sURuHSoJaJNeJnxIl8p0rl1ptbnF8UWWVO1ToMdc-0niEAwFO5jp9xC0zaOMd7K9lWrSWis7s65xXH59mcD0bUG\" rel=\"nofollow\" target=\"_blank\"> fr8technologies.com<\/a>.<\/p>\n<p>\n        <strong>Forward-Looking Statements <\/strong>\n      <\/p>\n<p>This press release includes \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech\u2019s and Fr8App Inc.\u2019s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as \u201cexpect,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue\u201d and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.<\/p>\n<p>These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech\u2019s and Fr8App Inc.\u2019s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech\u2019s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and\/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.\u2019s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under \u201cRisk Factors,\u201d to be filed in Fr8Tech other filings with the Securities Exchange Commission.<\/p>\n<p>Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMDIzMiM2Njg5MTI1IzIxODQ1MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NTUyOWZiYzUtZTMxNy00YmU5LWFkZmUtNzFjMzY1YTBmYzFhLTExOTYwNzE=\/tiny\/Freight-App-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>FR8Tech Contact:\r\n\r\nJason Finkelstein\r\nIGNITION Investor Relations\r\ninvestors@fr8technologies.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; Freight Technologies, Inc. (Nasdaq: FRGT) (\u201cFr8Tech&#8221; or \u201cFreight Technologies&#8221; or the \u201cCompany\u201d), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.\u00a0 A copy of the earnings release has been furnished in the Company\u2019s Form 8-K filing and is also available on Fr8Tech\u2019s investor relations website at\u00a0fr8technologies.com\/investors. About Freight Technologies Inc.\u00a0 Freight Technologies (Nasdaq: FRGT) (\u201cFr8Tech&#8221;) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freight-technologies-announces-unaudited-financial-results-for-the-six-months-ended-june-30-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799677","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freight-technologies-announces-unaudited-financial-results-for-the-six-months-ended-june-30-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; Freight Technologies, Inc. (Nasdaq: FRGT) (\u201cFr8Tech&#8221; or \u201cFreight Technologies&#8221; or the \u201cCompany\u201d), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.\u00a0 A copy of the earnings release has been furnished in the Company\u2019s Form 8-K filing and is also available on Fr8Tech\u2019s investor relations website at\u00a0fr8technologies.com\/investors. About Freight Technologies Inc.\u00a0 Freight Technologies (Nasdaq: FRGT) (\u201cFr8Tech&#8221;) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. 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(Nasdaq: FRGT) (\u201cFr8Tech&#8221; or \u201cFreight Technologies&#8221; or the \u201cCompany\u201d), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.\u00a0 A copy of the earnings release has been furnished in the Company\u2019s Form 8-K filing and is also available on Fr8Tech\u2019s investor relations website at\u00a0fr8technologies.com\/investors. About Freight Technologies Inc.\u00a0 Freight Technologies (Nasdaq: FRGT) (\u201cFr8Tech&#8221;) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. 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