Freight Technologies Inc. Overview

Freight Technologies, Inc., a company based in Spring, United States, operates within the industrials sector, specifically focusing on capital markets. The company is renowned for its innovative software solutions, particularly its digital freight platform designed to simplify and streamline cross-border shipping between the United States and Mexico. This platform has positioned Freight Technologies as a key player in the logistics and transportation industry.

Recent Financial Performance

As of August 14, 2025, Freight Technologies Inc. reported a close price of $1.365 on the Nasdaq, where it is publicly traded. The company’s market capitalization stands at $3,270,000 USD. Over the past year, the stock has experienced significant volatility, with a 52-week high of $23.30 on September 10, 2024, and a 52-week low of $1.35 on August 14, 2025. The price-to-earnings ratio is currently at -0.036, reflecting the company’s financial challenges in generating profits.

Company Background

Freight Technologies, Inc. went public on August 8, 2017, and has since been listed on the Nasdaq. The company’s primary focus is on developing software solutions that enhance the efficiency of cross-border shipping operations. By leveraging technology, Freight Technologies aims to address the complexities associated with international logistics, providing a seamless experience for its clients.

Market Position and Challenges

Despite its innovative platform, Freight Technologies faces challenges in achieving profitability, as indicated by its negative price-to-earnings ratio. The company’s market cap of $3,270,000 USD suggests a relatively small scale in the broader capital markets. However, its specialized focus on cross-border shipping between the U.S. and Mexico continues to attract interest from logistics and transportation stakeholders.

Conclusion

Freight Technologies, Inc. remains a notable entity in the logistics software industry, with its digital freight platform offering significant value to clients engaged in cross-border shipping. While the company navigates financial hurdles, its strategic focus on simplifying international logistics positions it for potential growth in the evolving market landscape.