Freight Technologies, Inc.
Freight Technologies, Inc. is a U.S.-listed logistics technology company focused on digital freight management across North America, especially cross-border U.S.-Mexico shipping. Through its Fr8App ecosystem and related software tools, it connects shippers and carriers and automates freight procurement, tracking, booking, and transportation management.
Fiscal year 2025 · change from previous year
Development 2019–2025
Business
Share of revenueSoftware platform that connects shippers with carriers for freight matching and procurement.
Managed freight capacity solutions, including enterprise and brokered transportation services.
Less-than-truckload and other specialized freight services for smaller or mixed shipments.
Digital booking and management tools for container shipments between North America and global ports.
TMS software used by brokers, shippers, and logistics operators to manage freight operations.
Products
Reported · share of revenue- Frieght Transportation Brokerage73.7 %
- Dedicated Capacity26.2 %
- Software0.1 %
Source: 20-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
The company sells to shippers that need freight moved efficiently across North America, especially businesses involved in U.S.-Mexico trade and nearshoring supply chains. It also serves carriers, freight brokers, and logistics operators that use its platform and software to source loads, manage capacity, and improve dispatch and visibility. Enterprise customers in Mexico are important for dedicated capacity services, while smaller shippers and brokers use the platform tools for transactional freight and workflow automation.
Businesses that buy freight transport and platform services to move goods across North America efficiently.
Transportation providers that use the marketplace to find freight, fill capacity, and improve utilization.
Intermediaries that use digital tools and TMS software to source freight and manage transactions.
Large customers buying dedicated capacity and managed logistics solutions for recurring freight needs.
Importers and exporters booking container shipments between North America and global ports.
Strategy
Freight Technologies is positioning itself as a digital freight intermediary that uses AI, live pricing, and real-time tracking to improve freight procurement and capacity matching. Its strategy appears centered on expanding platform adoption across cross-border trucking, dedicated capacity, ocean freight, and TMS workflows while benefiting from the shift away from traditional 3PL processes. Management also highlights nearshoring and supply chain volatility as structural tailwinds for digital brokerage and marketplace tools.
The U.S.-Mexico lane is the company’s core market and benefits from nearshoring trends.
A wider product set can increase customer retention and reduce dependence on one service line.
AI-driven matching, pricing, and tracking can lower service costs and improve service quality.
Geography
Q1/2025The business is centered on North America, with the strongest strategic exposure to the U.S.-Mexico trade lane and a smaller presence in Canada. Management says nearshoring is increasing cross-border freight demand, while Mexico’s domestic and cross-border trucking markets remain capacity constrained, which supports the company’s digital brokerage model. The company also references ocean freight flows between North America and ports worldwide, broadening its operational footprint beyond over-the-road trucking.
Share of the revenue the company reports by geography.
Risks
The company is exposed to weak North American freight demand, trade slowdowns, and policy changes because its platform depends on cross-border shipping activity. It also faces execution and liquidity risk, as recent filings disclose a going-concern warning, negative operating cash flow, and reliance on revolving credit to fund working capital. Competitive pressure from traditional brokers and other digital freight platforms, plus volatility in trucking capacity and pricing, can also affect margins and customer retention.
Management disclosed substantial doubt about continuing as a going concern and the company uses revolving credit for working capital.
The platform’s usage depends on shipper activity and international trade across North America.
Exposure: Lower shipment volumes and reduced marketplace transactions
Cross-border freight volumes can be affected by tariffs, restrictive trade policies, and customs friction.
Exposure: U.S.-Mexico and Canada lanes
Supply-demand swings in trucking can change load availability, pricing, and broker economics.
Exposure: Margins and transaction volumes
Accounting
Judgemental itemsFreight brokerage, dedicated capacity, and software-related services may have different recognition timing.
Impact: Can affect quarterly revenue comparability and margin presentation
The company reported increased accounts and unbilled receivables as a driver of operating cash use.
Impact: Affects cash flow quality and near-term liquidity
Management disclosed substantial doubt about continuing as a going concern.
Impact: May influence asset recoverability, financing assumptions, and disclosure risk
Borrowings on the revolving facility affect financing costs and leverage presentation.
Impact: Impacts net loss and liquidity analysis
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Last updated: 28/04/2026