FRGT surges 47% on Fr8Radar expansion and digital asset treasury play
By ATTN Desk · Editorial oversight: Sean Han
Freight Technologies Inc (NASDAQ: FRGT)
Freight Technologies Inc, founded in 2015 and headquartered in The Woodlands, Texas, offers a suite of technology platforms designed to optimize cross-border freight logistics within the USMCA region. Its product portfolio includes Fr8App for load matching, Waavely for maritime logistics, Fr8Fleet for dedicated capacity, Fr8Now for less-than-truckload shipments, Fr8Radar for real-time monitoring, and Fleet Rocket, an AI-powered transportation management system.
| Ticker | Price (2025-10-28) | Change (%) | Volume | Market Cap |
|---|---|---|---|---|
| FRGT | $1.81 | +47.15 | 23,306,062 | $3.69 M |
Corporate Structure and Workforce
As of October 2025, Freight Technologies employs between 51 and 200 people. The company is organized into specialized divisions—overseeing road, ocean, and AI-driven solutions—to deliver visibility and control throughout its operations. Key leadership includes CEO Javier Selgas, who focuses on technology integration and compliance across U.S.-Mexico operations.
Freight logistics by PortCalls Asia
Recent Developments and News
- September 22, 2025 (8-K Filing): The company’s Fr8Radar module integrated 23 additional GPS providers, bringing the total to 54 and enhancing tracking capabilities across North America.
- August 2025 (Carrier Auto Invoicing): An AI-driven automated invoice validation module went live across Fr8App and Fleet Rocket, enabling compliance with Mexico’s SAT CFDI e-invoicing regulations and reducing billing errors.
- April 30, 2025 (Press Release): Freight Technologies secured up to $20 million in convertible notes to purchase Official Trump Tokens ($TRUMP) for its digital asset treasury, alongside an $8 million acquisition of FET tokens.
- November 12, 2025: The company’s next earnings date is scheduled, with EPS and revenue figures to be reported.
Financial and Strategic Analysis
During the trailing twelve months ending 2025-06, Freight Technologies reported $12.69 million in revenue and a net loss of $2.34 million. Key metrics from Yahoo Finance include:
| Metric | Value |
|---|---|
| Profit Margin | –18.46 % |
| Return on Assets (ttm) | –27.00 % |
| Return on Equity (ttm) | –53.55 % |
| PE Ratio (ttm) | 0.03 |
| Price/Sales (ttm) | 0.08 |
| Price/Book (mrq) | 0.42 |
| Total Cash (mrq) | $586.7 K |
| Total Debt/Equity (mrq) | 62.18 % |
| Levered Free Cash Flow (ttm) | –$3.1 M |
Strategically, the company leverages AI and machine learning to automate load matching, route planning, and compliance. Its diversification into digital assets, including FET and $TRUMP tokens, aims to build a digital asset treasury, though it introduces exposure to cryptocurrency market fluctuations.
Market Position and Industry Context
Freight Technologies operates in a competitive landscape that includes logistics providers such as Uber Freight. Its focus on cross-border U.S.-Mexico freight aligns with the upcoming 2026 USMCA review, which may influence customs procedures and rules of origin. By integrating multiple modes—road, maritime, and less-than-truckload services—the company aims to enhance operational visibility, document digitization, and analytics capabilities.
tl;dr
As of October 28, 2025, FRGT shares trade at $1.81, reflecting a 47.15% increase on significant volume. On September 22, the Fr8Radar module incorporated 23 GPS providers (total 54), enhancing fleet visibility across the U.S. and Mexico. In August, AI-driven invoice validation was implemented across Fr8App and Fleet Rocket to ensure compliance with Mexico’s e-invoicing regulations. A $20 million convertible note facility announced on April 30 is designated for Official Trump Token purchases, supplementing an existing $8 million in FET tokens. The company’s next earnings release is scheduled for November 12, 2025, and the 2026 USMCA review could affect its cross-border operations.