Freight Technologies launches AI Lab initiative

Freight Technologies (FRGT) announces the launch of its AI Lab, an initiative dedicated to revolutionizing cross-border freight operations between the United States and Mexico. By entering into a memorandum of understanding 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 systems into its technology-driven solutions. The company said, “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.”