Reports Q2 revenue $2.9M vs. $3.8M last year. “In the second quarter of 2025, we made further progress on the technological elements of our offerings and continued our transition to a SaaS provider in the logistics space. Fr8Tech completed initial sales of Fleet Rocket, a Transportation Management System (TMS) software solution, released several new features to Fr8App, and improved the operating margins on its brokerage business. Although higher tariffs and trade policy uncertainty impacted the brokerage business in the second quarter, we achieved profitability during the quarter through our crypto investments and through ongoing operational improvements. We remain as focused as ever on our mission and commitment to leading digital logistics innovation,” said Javier Selgas, CEO of Fr8Tech.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRGT:
- Freight Technologies Delays Q2 2025 Report Filing
- Freight Technologies Secures $500,000 in Preferred Shares Deal
- Freight Technologies secures two-year contract with Fletes y Distribuciones
- Freight Technologies, Fetch.ai expand strategic AI collaboration
- Freight Technologies adds Reckitt Benckiser de Mexico to client porfolio