HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), 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. A copy of the earnings release has been furnished in the Company’s Form 8-K filing and is also available on F ...

Exhibit 99.2 Freight Technologies, Inc. Unaudited Financial Results for the Six Months Ended June 30, 2024 and 2023 Preliminary Note These interim financial results have not been audited, nor have they been reviewed by the Company's auditors. The Company's management prepared these financial statements and took reasonable measures to ensure the results and statements are complete, accurate, and consistent with SEC reporting requirements, but the Company can make no assurance or guarantee as to the accuracy ...

HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that it has changed its independent registered public accounting and auditing firm from Marcum LLP (“Marcum” or “Former Auditor”) to TAAD LLP (“TAAD” or Successor Auditor”), effectiv ...

HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, announced today that it has signed a new logistics services contract with a leading global toy industry brand. The Company’s Fr8App platform has been providing over-the-road (OTR) logistics services across key shipment lanes in ...

Werner Enterprises (WERN) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Werner is suffering from weak freight demand. Freight conditions remained a challenge, with pressures on supply chains continuing to affect the industry. Conditions started to tighten due to disruptions caused by hurricanes, which exacerbated supply-chain delays and reduced the availability of shipping capacity, impacting freight rates and logistics.As a result of the weaknes ...

Landstar System, Inc. (LSTR) ) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Landstar is being hurt by reduced demand for freight services and increased truck capacity. Highlighting the weak freight demand, the Cass Freight Shipment Index declined 0.7% year over year in November. This measure has deteriorated year over year since January 2024, confirming the overall declining trend.Due to the weakness in demand, shipment volumes and rates are low ...

It's been more than a year since I covered trucking company Old Dominion Freight Line (NASDAQ: ODFL ). Since writing on them, the stock has faced headwinds; I'll touch on that later in this article.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a ...

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that the Company has adjourned its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), originally scheduled to be held on December 12, 2024, to Friday, December 13, 2024 at 1pm, Monterrey, Mexico time, i ...

The Zacks Transportation - Air Freight and Cargo  industry is grappling with persistent supply-chain disruptions, a challenging macroeconomic environment characterized by inflation-induced high interest rates, a weaker-than-expected demand environment and the consequent weakness in package volumes.Despite the above-mentioned challenges, we believe that the space still has fuel left in the tank, especially for operators targeting growth opportunities and operating efficiency initiatives. Cost-cut efforts to ...

HOUSTON, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, is pleased to announce that since its launch in July 2024, its digital ocean freight platform, Waavely, has already secured four active customers, demonstrating promising early demand, adoption and traction for this innovative ...