Freight Technologies, Inc. (Fr8Tech) Company Profile

Background

Overview

Freight Technologies, Inc. (Fr8Tech) is a technology-driven logistics company specializing in cross-border shipping solutions between the United States and Mexico. Established in 2015, Fr8Tech has developed a suite of innovative platforms designed to optimize freight management and enhance supply chain efficiency. The company's mission is to transform the $200 billion freight industry from reactive visibility to predictive intelligence by providing real-time, exchangeable planning data. This approach aims to triple productivity, improve inventory management by up to 20%, and reduce emissions by 40%, unlocking significant cost savings for stakeholders.

Mission and Vision

Fr8Tech envisions a freight ecosystem where collaboration drives innovation, and modern solutions are accessible to all, regardless of company size. The company's collaborative governance model ensures that freight technology and standards development remain neutral and accessible, prioritizing industry-wide progress over any single commercial interest. By removing commercial barriers for key stakeholders, Fr8Tech focuses on creating standardized Operations Planning Data that serves the entire industry, aiming to build a more connected and efficient freight ecosystem.

Key Strategic Focus

Core Objectives

Fr8Tech's strategic focus centers on revolutionizing freight management through technological innovation, aiming to:

• Enhance supply chain efficiency by providing real-time, actionable data.

• Reduce operational costs and emissions for stakeholders.

• Foster collaboration across the freight ecosystem to drive industry-wide progress.

Areas of Specialization

The company specializes in:

• Cross-border logistics between the U.S. and Mexico.

• Development of AI-driven solutions for freight management.

• Integration of advanced technologies to streamline supply chain operations.

Key Technologies Utilized

Fr8Tech employs several proprietary technologies, including:

• Fr8App: A platform for matching freight and carriers, optimizing availability and efficiency in transportation.

• Fr8Fleet: Dedicated fleet management, providing customized and scalable solutions for specific needs.

• Fr8Radar: Real-time fleet monitoring and analysis, offering complete visibility and control over operations.

• Fleet Rocket: An AI-powered Transportation Management System (TMS) for shippers and brokers.

• Waavely: A digital platform for ocean freight booking and management of container shipments between North America and ports worldwide.

• Zayren: An AI-powered pricing tool delivering real-time rate predictions and intelligent carrier matching for shippers and carriers in Mexico and the U.S.

Primary Markets Targeted

Fr8Tech primarily targets the North American cross-border freight transportation market, focusing on:

• U.S.-Mexico cross-border shipping.

• U.S.-Canada cross-border shipping.

• Domestic freight markets within the U.S. and Mexico.

Financials and Funding

Funding History

Fr8Tech has secured significant funding to support its growth and technological advancements:

• Post-IPO Equity Funding: In August 2025, Fr8Tech received $500,000 in post-IPO equity funding, demonstrating strong investor confidence and financial stability.

Recent Funding Rounds

The company has engaged in multiple funding rounds to bolster its financial position and support expansion initiatives. Specific details regarding these rounds are not publicly disclosed.

Notable Investors

While specific investor names are not publicly disclosed, Fr8Tech's funding history indicates backing from various venture capital firms and private investors interested in logistics technology and cross-border shipping solutions.

Utilization of Capital

The capital raised has been allocated towards:

• Enhancing and expanding technological platforms.

• Developing new AI-driven solutions for freight management.

• Expanding market presence in North American cross-border shipping.

Pipeline Development

Key Pipeline Candidates

Fr8Tech's pipeline includes several innovative solutions:

• AI Tendering Bot: Launched in March 2025, this AI-driven bot automates and streamlines the load tendering process for shippers and freight brokers, marking a strategic shift to a Software-as-a-Service (SaaS) model.

• Zayren Pro: Announced in January 2026, this next-generation AI agent aims to enhance the company's AI-powered logistics platform with a premium commercial tier and carrier network portal.

Stages of Development

These initiatives are in various stages of development, with the AI Tendering Bot fully integrated into Fr8Tech's operations and Zayren Pro in the early stages of deployment.

Target Conditions

The primary focus is on optimizing freight management processes, improving load matching efficiency, and enhancing real-time visibility for stakeholders.

Anticipated Milestones

Fr8Tech anticipates achieving significant milestones in the coming years, including:

• Widespread adoption of AI-driven solutions across the freight industry.

• Expansion into new markets beyond North America.

• Continuous enhancement of platform capabilities to meet evolving industry needs.

Technological Platform and Innovation

Proprietary Technologies

Fr8Tech's proprietary technologies include:

• Fr8App: A platform for matching freight and carriers, optimizing availability and efficiency in transportation.

• Fr8Fleet: Dedicated fleet management, providing customized and scalable solutions for specific needs.

• Fr8Radar: Real-time fleet monitoring and analysis, offering complete visibility and control over operations.

• Fleet Rocket: An AI-powered Transportation Management System (TMS) for shippers and brokers.

• Waavely: A digital platform for ocean freight booking and management of container shipments between North America and ports worldwide.

• Zayren: An AI-powered pricing tool delivering real-time rate predictions and intelligent carrier matching for shippers and carriers in Mexico and the U.S.

Significant Scientific Methods

Fr8Tech employs advanced algorithms and machine learning techniques to:

• Automate load matching processes.

• Provide real-time insights into supply chain performance.

• Enhance decision-making capabilities for stakeholders.

AI-Driven Capabilities

The company's AI-driven capabilities are integrated across its platforms, enabling:

• Predictive analytics for freight management.

• Dynamic pricing models based on real-time data.

• Intelligent carrier matching to optimize shipping routes and costs.

Leadership Team

Key Executives

• Javier Selgas: Chief Executive Officer and Director.

• Donald Quinby: Chief Financial Officer.

• Luisa Irene Lopez Reyes: Chief Operating Officer.

• Paul D. Freudenthaler: Secretary.

Professional Backgrounds and Contributions

• Javier Selgas: As CEO, Selgas has been instrumental in steering Fr8Tech's strategic direction and fostering partnerships that enhance the company's market position.

• Donald Quinby: Quinby oversees financial operations, ensuring the company's fiscal health and supporting growth initiatives.

• Luisa Irene Lopez Reyes: Reyes manages daily operations, focusing on optimizing internal processes and service delivery.

• Paul D. Freudenthaler: Freudenthaler provides legal guidance, ensuring compliance and supporting corporate governance.

Competitor Profile

Market Insights and Dynamics

The North American cross-border freight transportation market is substantial, with the U.S.-Mexico cross-border freight transportation market estimated at $236 billion and expected to exceed $308 billion by 2030. This growth is driven by increased trade between the U.S., Mexico, and Canada, particularly following the implementation of the United States-Mexico-Canada Agreement (USMCA) in 2020.

Competitor Analysis

Fr8Tech operates in a competitive landscape with several key players:

• Freightos: A freight marketplace connecting importers and exporters with freight forwarders and logistics providers.