Freight Technologies Announces AI Lab to Enhance Cross-Border Freight Logistics
Freight Technologies (NASDAQ: FRGT) has launched an AI Lab focused on revolutionizing cross-border freight operations between the US and Mexico. The company has signed a memorandum of understanding (MOU) with the University of Monterrey to establish a strategic collaboration with their AI Program.
The AI Lab will serve as an innovation hub leveraging extensive real-world logistics data from thousands of shipments, lanes, and cross-border trade patterns. The initiative aims to develop cognitive AI solutions that can be customized for specific customer needs and optimize freight operations.
Key objectives include:
- Developing AI-powered logistics products with real-world applications
- Enhancing decision-making and automation through cognitive architectures
- Advancing AI research through academia-industry collaboration
- Building a network of leading technologists
Freight Technologies (NASDAQ: FRGT) ha lanciato un Laboratorio di Intelligenza Artificiale focalizzato sulla rivoluzione delle operazioni di trasporto merci transfrontaliere tra gli Stati Uniti e il Messico. L'azienda ha firmato un memorandum d'intesa (MOU) con l'Università di Monterrey per stabilire una collaborazione strategica con il loro Programma di Intelligenza Artificiale.
Il Laboratorio di IA fungerà da hub di innovazione sfruttando un'ampia quantità di dati logistici reali provenienti da migliaia di spedizioni, rotte e schemi di commercio transfrontaliero. L'iniziativa mira a sviluppare soluzioni di IA cognitiva che possano essere personalizzate per soddisfare esigenze specifiche dei clienti e ottimizzare le operazioni di trasporto.
Gli obiettivi chiave includono:
- Sviluppare prodotti logistici alimentati da IA con applicazioni nel mondo reale
- Migliorare il processo decisionale e l'automazione attraverso architetture cognitive
- Avanzare nella ricerca sull'IA attraverso la collaborazione tra accademia e industria
- Costruire una rete di tecnologi leader
Freight Technologies (NASDAQ: FRGT) ha lanzado un Laboratorio de IA centrado en revolucionar las operaciones de carga transfronteriza entre EE. UU. y México. La empresa ha firmado un memorando de entendimiento (MOU) con la Universidad de Monterrey para establecer una colaboración estratégica con su Programa de IA.
El Laboratorio de IA servirá como un centro de innovación aprovechando datos logísticos del mundo real de miles de envíos, rutas y patrones de comercio transfronterizo. La iniciativa tiene como objetivo desarrollar soluciones de IA cognitiva que se puedan personalizar para satisfacer necesidades específicas de los clientes y optimizar las operaciones de carga.
Los objetivos clave incluyen:
- Desarrollar productos logísticos impulsados por IA con aplicaciones en el mundo real
- Mejorar la toma de decisiones y la automatización a través de arquitecturas cognitivas
- Avanzar en la investigación de IA mediante la colaboración entre la academia y la industria
- Construir una red de tecnólogos líderes
Freight Technologies (NASDAQ: FRGT)는 미국과 멕시코 간의 국경 간 화물 작업 혁신에 중점을 둔 AI 연구소를 출범했습니다. 이 회사는 몬테레이 대학교와 MOU(양해각서)를 체결하여 AI 프로그램과의 전략적 협력을 구축합니다.
AI 연구소는 수천 개의 배송, 경로 및 국경 간 무역 패턴의 방대한 실제 물류 데이터를 활용하여 혁신 허브 역할을 합니다. 이 이니셔티브는 특정 고객의 요구에 맞게 맞춤화할 수 있는 인지 AI 솔루션을 개발하고 화물 작업을 최적화하는 것을 목표로 합니다.
주요 목표는 다음과 같습니다:
- 실제 응용 프로그램을 갖춘 AI 기반 물류 제품 개발
- 인지 아키텍처를 통한 의사 결정 및 자동화 개선
- 학계와 산업 간의 협력을 통한 AI 연구 발전
- 선도적인 기술자 네트워크 구축
Freight Technologies (NASDAQ: FRGT) a lancé un laboratoire d'IA axé sur la révolution des opérations de fret transfrontalières entre les États-Unis et le Mexique. L'entreprise a signé un protocole d'accord (MOU) avec l'Université de Monterrey pour établir une collaboration stratégique avec leur programme d'IA.
Le laboratoire d'IA servira de centre d'innovation en s'appuyant sur d'importantes données logistiques du monde réel provenant de milliers d'expéditions, de voies et de schémas de commerce transfrontalier. L'initiative vise à développer des solutions d'IA cognitive qui peuvent être personnalisées pour répondre aux besoins spécifiques des clients et optimiser les opérations de fret.
Les objectifs clés incluent:
- Développer des produits logistiques alimentés par l'IA avec des applications concrètes
- Améliorer la prise de décision et l'automatisation grâce à des architectures cognitives
- Faire progresser la recherche en IA grâce à la collaboration entre le milieu académique et l'industrie
- Construire un réseau de technologues de premier plan
Freight Technologies (NASDAQ: FRGT) hat ein KI-Labor ins Leben gerufen, das sich auf die Revolutionierung der grenzüberschreitenden Frachtoperationen zwischen den USA und Mexiko konzentriert. Das Unternehmen hat ein Memorandum of Understanding (MOU) mit der Universität Monterrey unterzeichnet, um eine strategische Zusammenarbeit mit ihrem KI-Programm aufzubauen.
Das KI-Labor wird als Innovationszentrum dienen, das umfangreiche reale Logistikdaten aus Tausenden von Sendungen, Routen und grenzüberschreitenden Handelsmustern nutzt. Ziel der Initiative ist es, kognitive KI-Lösungen zu entwickeln, die auf spezifische Kundenbedürfnisse zugeschnitten werden können und die Frachtoperationen optimieren.
Die Hauptziele umfassen:
- Entwicklung von KI-gestützten Logistikprodukten mit praktischen Anwendungen
- Verbesserung der Entscheidungsfindung und Automatisierung durch kognitive Architekturen
- Fortschritte in der KI-Forschung durch Zusammenarbeit zwischen Wissenschaft und Industrie
- Aufbau eines Netzwerks führender Technologen
- Strategic partnership with University of Monterrey provides access to top AI talent and research resources
- Access to extensive real-world logistics data for AI development
- Potential for competitive advantage through custom AI solutions for freight operations
- Early-stage initiative with no immediate revenue impact
- Success depends on effective integration of academic research into commercial applications
- Investment in AI research and development may increase operating expenses
Insights
Freight Technologies' new AI Lab initiative represents a strategic technological pivot that could potentially differentiate the company in the competitive logistics technology sector. The collaboration with University of Monterrey creates an academic-industry pipeline that may offer FRGT cost-effective access to AI talent and research capabilities - a significant advantage for a micro-cap company with resources.
This initiative specifically targets the US-Mexico cross-border logistics market, leveraging the company's existing data from thousands of shipments to develop AI solutions tailored to this specific corridor's complexities. The company appears to be positioning itself as an AI-first logistics technology provider rather than merely incorporating AI features into existing products.
However, the announcement lacks critical implementation details that investors would need to properly evaluate impact. There's no information about investment requirements, development timelines, expected commercial applications, or potential revenue impact. The MOU with the university represents an initial framework rather than a binding commercial arrangement with defined deliverables.
For a company with a market cap of just $2 million, this initiative represents a significant strategic bet. While the academic partnership may help stretch R&D resources, successfully developing and monetizing advanced AI capabilities presents substantial execution challenges that shouldn't be underestimated. This appears to be a foundational move that will require consistent follow-through and additional investment to generate tangible returns.
AI Lab to enable smarter freight operations for customers by developing and integrating cognitive AI solutions
Freight Technologies has established a strategic collaboration with the University of Monterrey’s AI Program to advance AI-powered logistics innovation
HOUSTON, April 11, 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, proudly announces the launch of its AI Lab, a pioneering initiative dedicated to revolutionizing cross-border freight operations between the United States and Mexico. By entering into a memorandum of understanding (the “MOU”) with University of Monterrey, the Company is setting new industry standards in Mexico, harnessing machine learning to create intelligent, self-optimizing logistics solutions and integrating cognitive Artificial Intelligence (“AI”) systems into its technology-driven solutions.
Freight Technologies’ AI Lab
In collaboration with University of Monterrey, the Company is committed to developing AI from the ground up, through rigorous research, iterative testing, and continuous refinement. Freight Technologies’ AI Lab is a dedicated AI innovation hub, where advanced machine learning meets logistics at its core. This research-driven, data-intensive initiative aims to expand the potential of AI applications in the freight industry.
What sets the AI Lab apart is its unparalleled access to real-world logistics data, spanning thousands of shipments, lanes, and cross-border trade patterns. With such large datasets of domestic and cross-border over-the-road shipments, AI Lab is uniquely positioned to develop AI systems that go beyond prediction and optimization. We are creating AI solutions that comprehend the details and intricacies of freight movements and that can be tailored for specific customer needs, designed to achieve targeted outcomes across various dynamic parameters.
Mission of AI Lab
- Develop AI-powered logistics products with tangible, real-world applications
- Leverage cognitive architectures to enhance decision-making and automation
- Foster collaboration between academia and industry to advance AI research
- Attract and nurture top AI talent to build a networked team of leading technologists
AI Innovation Hub: Industry-Academia Collaboration
The Company has established a strategic collaboration with the University of Monterrey’s AI Program under the MOU, forming a powerful ecosystem where university professors, PhD researchers, and students collaborate on cutting-edge AI advancements. This collaboration enables:
- Empowerment of future AI innovators, providing students with hands-on experience, cutting-edge resources, and access to real-world freight technology applications
- Mutual benefits for academia and industry, as the Company gains access to top AI talent while students work on impactful, real-world projects
- Network expansion, with plans to extend collaborations to other leading universities and AI research institutions
"It is of utmost importance that academic initiatives are directed towards real, high-impact projects and that a synergy is fostered between students and the freight industry". – Dr. Antonio Martínez Torteya, Associate Professor at the University of Monterrey, specializing in Artificial Intelligence.
“We trust that, over time, the ties between our AI Program and the Company will continue to strengthen". – Dr. Irving Cruz-Matías, Associate Professor at the University of Monterrey, specializing in Computing.
Fr8Tech CEO, Javier Selgas, noted, “Freight Technologies’ AI Lab marks a new era in logistics, where AI is not just a tool but a foundational pillar of innovation. With a commitment to research, collaboration, and technological advancement, the Company is poised to transform the logistics landscape, making cross-border freight more efficient, intelligent, and future-ready.”
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) (“Fr8Tech") is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for seamless Over-the-Road (OTR) B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide and Fleet Rocket a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operator Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with the Securities Exchange Commission.
Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.
Fr8Tech Contact: Jason Finkelstein IGNITION Investor Relations investors@fr8technologies.com
FAQ
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