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Freight Technologies Announces Commercial Launch of Fleet Rocket

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Freight Technologies (NASDAQ: FRGT) has launched Fleet Rocket, a new Transportation Management System (TMS) designed for brokers, shippers, and logistics operators across the USMCA region. The platform focuses on cross-border logistics and nearshoring operations, offering tools for Mexico freight optimization, customs documentation, and shipment visibility.

Fleet Rocket features include domestic freight management, ocean freight capabilities, API-driven integrations with third-party platforms, and ERP compatibility. The system provides advanced reporting and analytics for data-driven decision making, with solutions scaled for both small businesses and enterprises. The platform promises minimal implementation time, being fully operational within days, and includes 24/7 support services.

Freight Technologies (NASDAQ: FRGT) ha lanciato Fleet Rocket, un nuovo Sistema di Gestione dei Trasporti (TMS) progettato per broker, spedizionieri e operatori logistici nella regione USMCA. La piattaforma si concentra su logistica transfrontaliera e operazioni di nearshoring, offrendo strumenti per l'ottimizzazione del trasporto in Messico, documentazione doganale e visibilità delle spedizioni.

Le funzionalità di Fleet Rocket includono gestione del trasporto domestico, capacità di trasporto marittimo, integrazioni basate su API con piattaforme di terze parti e compatibilità ERP. Il sistema fornisce report avanzati e analisi per decisioni basate sui dati, con soluzioni scalate per piccole imprese ed enti. La piattaforma promette un tempo di implementazione minimo, essendo completamente operativa in pochi giorni, e include servizi di supporto 24 ore su 24, 7 giorni su 7.

Freight Technologies (NASDAQ: FRGT) ha lanzado Fleet Rocket, un nuevo Sistema de Gestión de Transporte (TMS) diseñado para corredores, cargadores y operadores logísticos en la región USMCA. La plataforma se centra en logística transfronteriza y operaciones de nearshoring, ofreciendo herramientas para la optimización de carga en México, documentación aduanera y visibilidad de envíos.

Las características de Fleet Rocket incluyen gestión de carga nacional, capacidades de carga marítima, integraciones impulsadas por API con plataformas de terceros y compatibilidad con ERP. El sistema proporciona informes avanzados y análisis para la toma de decisiones basada en datos, con soluciones escaladas tanto para pequeñas empresas como para grandes corporaciones. La plataforma promete un tiempo mínimo de implementación, estando completamente operativa en días, e incluye servicios de soporte disponibles las 24 horas, los 7 días de la semana.

Freight Technologies (NASDAQ: FRGT)는 미국-멕시코-캐나다 협정(USMCA) 지역의 중개인, 발송인 및 물류 운영자를 위해 설계된 새로운 운송 관리 시스템(TMS)인 Fleet Rocket을 출시했습니다. 이 플랫폼은 국경 간 물류 및 니어쇼어링 운영에 초점을 맞추고 있으며, 멕시코 화물 최적화, 세관 문서 및 배송 가시성을 위한 도구를 제공합니다.

Fleet Rocket의 기능으로는 국내 화물 관리, 해상 화물 기능, 타사 플랫폼과의 API 기반 통합 및 ERP 호환성이 포함됩니다. 이 시스템은 데이터 기반 의사 결정을 위한 고급 보고서 및 분석을 제공하며, 소기업 및 대기업 모두를 위한 확장 가능한 솔루션을 갖추고 있습니다. 이 플랫폼은 구현 시간이 최소화되어 며칠 내에 완전히 운영되며, 24시간 지원 서비스도 포함되어 있습니다.

Freight Technologies (NASDAQ: FRGT) a lancé Fleet Rocket, un nouveau Système de Gestion du Transport (TMS) conçu pour les courtiers, expéditeurs et opérateurs logistiques dans la région USMCA. La plateforme se concentre sur la logistique transfrontalière et les opérations de nearshoring, offrant des outils pour l'optimisation du fret au Mexique, la documentation douanière et la visibilité des expéditions.

Les fonctionnalités de Fleet Rocket incluent la gestion du fret national, des capacités de fret maritime, des intégrations basées sur API avec des plateformes tierces et la compatibilité ERP. Le système fournit des rapports avancés et des analyses pour une prise de décision basée sur les données, avec des solutions adaptées aux petites entreprises et aux grandes entreprises. La plateforme promet un temps d'implémentation minimum, étant entièrement opérationnelle en quelques jours, et comprend des services de support disponibles 24 heures sur 24, 7 jours sur 7.

Freight Technologies (NASDAQ: FRGT) hat Fleet Rocket, ein neues Transportmanagementsystem (TMS) für Broker, Versender und Logistikbetriebe in der USMCA-Region, eingeführt. Die Plattform konzentriert sich auf grenzüberschreitende Logistik und Nearshoring-Operationen und bietet Werkzeuge zur Optimierung von Fracht in Mexiko, Zollabwicklung und Sendungsverfolgung.

Zu den Funktionen von Fleet Rocket gehören das Management von Inlandsfracht, maritime Frachtfähigkeiten, API-gesteuerte Integrationen mit Drittanbieterplattformen und ERP-Kompatibilität. Das System bietet fortschrittliche Berichterstattung und Analysen, die datenbasierte Entscheidungsfindung unterstützen, mit Lösungen, die sowohl für kleine Unternehmen als auch für Großunternehmen skalierbar sind. Die Plattform verspricht eine minimale Implementierungszeit und ist innerhalb von Tagen betriebsbereit, einschließlich 24/7-Supportdiensten.

Positive
  • Launch of new TMS platform targeting growing nearshoring market in USMCA region
  • Quick implementation timeline reducing setup costs and improving ROI
  • Flexible pricing model accommodating both small businesses and enterprises
  • Comprehensive integration capabilities with existing systems and platforms
Negative
  • None.

Insights

The launch of Fleet Rocket represents a strategic pivot for FRGT, positioning the company to capitalize on the accelerating nearshoring trend in North America. The timing is particularly significant as companies increasingly relocate operations from Asia to Mexico, creating heightened demand for specialized cross-border logistics solutions.

The TMS market is currently experiencing rapid growth, with particular momentum in the USMCA corridor. Fleet Rocket's differentiation lies in its purpose-built focus on cross-border operations, which addresses a critical gap in the market. Most existing TMS solutions struggle with the complexities of international freight, especially the unique regulatory and documentation requirements of US-Mexico trade.

Several features position Fleet Rocket for market success:

  • API-first architecture enabling rapid integration with existing systems
  • Modular pricing structure allowing penetration of both SMB and enterprise segments
  • Comprehensive ocean freight capabilities supporting end-to-end supply chain visibility
  • Quick implementation timeline reducing barriers to adoption

The platform's focus on accessibility for smaller businesses while maintaining enterprise-grade capabilities suggests a land-and-expand strategy. This approach could drive initial adoption through the underserved SMB market while building capabilities and references for enterprise sales.

However, success will depend on execution, particularly in:

  • Customer acquisition cost management in a competitive market
  • Technical reliability and uptime in mission-critical logistics operations
  • Development of the partner ecosystem for integrations
  • Speed of feature deployment to maintain competitive advantage

This launch marks FRGT's evolution from a freight technology provider to a comprehensive logistics software platform, potentially opening new recurring revenue streams and improving business model predictability. The emphasis on nearshoring and cross-border capabilities positions FRGT to benefit from major macroeconomic shifts in North American trade patterns.

Fleet Rocket is a new Transportation Management System (TMS) that redefines freight operations management across the USMCA region

HOUSTON, Feb. 10, 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, today announced the launch of Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators. Fleet Rocket is specifically designed to empower businesses to simplify the complexities of both domestic and cross-border logistics and optimize supply chain management across the USMCA region.

Driving Cross-Border Success
With more and more companies shifting North American operations to nearshoring models, Fleet Rocket offers tools tailored to the unique challenges of freight management in the USMCA region.

  • Nearshoring and Mexico Freight Optimization: Purpose-built tools to streamline Mexico freight and trade operations within the USMCA corridor
  • Cross-Border Capabilities: Seamless integration of compliance, customs documentation, and shipment visibility for transnational logistics
  • Domestic Freight Management: Fleetwide management, real-time tracking, driver communication, dashboard visibility, and customizable functionalities for any operation
  • Ocean Freight Module: Integrated solutions for managing maritime logistics, including container booking, tracking, compliance, document management and analytics for North American ports

Connectivity with Company Specific and Industrywide Systems
Fleet Rocket is built with flexible, API-driven integrations to connect effortlessly with third-party platforms and business systems.

  • Application Programming Interface (API) Connections: Integrations with load boards, validators, and GPS solutions, among others, to ensure real-time tracking and operational control
  • Enterprise Resource Planning (ERP) & Finance System Compatibility: Works with enterprise platforms to improve operational efficiency, order-to-cash and procure-to-pay processes, and financial reporting

Advanced Reporting and Analytics
Fleet Rocket’s built-in reports and analytics module empowers businesses with actionable insights, enabling data-driven decisions to enhance operational efficiency and cost management.

Affordable for Small Businesses, Scalable for Enterprises
Fleet Rocket is tailored to meet the diverse needs of shippers and brokers.

  • For Small Businesses: Accessible, budget-friendly solutions designed for brokers and shippers managing freight with emails, spreadsheets, and disparate means to provide an easy transition to a modern centralized platform
  • For Enterprises: Bespoke solutions for complex, large-scale companies

Accelerated Implementation with Full Support
Fleet Rocket sets a new standard for ease of deployment and user support.

  • Minimal Implementation Effort: The platform is fully operational within days, reducing downtime, set-up costs and improving return on investment from the start
  • Comprehensive Support and Tutorials: Users gain access to 24/7 assistance and detailed training resources for a smooth onboarding experience.

“Fleet Rocket was conceived after purposeful conversations with our customers to address the growing demand for advanced tools to navigate and succeed in the rapidly evolving landscape of nearshoring and cross-border freight,” said Javier Selgas, CEO of Freight Technologies, Inc. “Our new TMS combines powerful features, seamless integrations, and fast implementation to create real value for our clients through reduced costs and risks, improved decision-making and operational efficiency, and elevated overall supply chain management performance.”

To schedule a demo, start your free trial, or learn more about Fleet Rocket, please visit fleetrocket.io

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 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 operators. 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.


FAQ

What features does FRGT's Fleet Rocket TMS offer for cross-border logistics?

Fleet Rocket offers tools for Mexico freight optimization, customs documentation management, shipment visibility, and compliance features specifically designed for USMCA region operations.

How long does it take to implement FRGT's Fleet Rocket system?

According to the announcement, Fleet Rocket can be fully operational within days, minimizing downtime and setup costs.

What integration capabilities does FRGT's Fleet Rocket provide?

Fleet Rocket offers API connections with load boards, validators, and GPS solutions, plus compatibility with ERP and finance systems for improved operational efficiency.

How does FRGT's Fleet Rocket cater to different business sizes?

Fleet Rocket offers budget-friendly solutions for small businesses transitioning from basic tools, while providing bespoke solutions for complex, large-scale enterprises.

What maritime logistics features are included in FRGT's Fleet Rocket?

The Ocean Freight Module includes container booking, tracking, compliance, document management, and analytics specifically for North American ports.

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