Freight Technologies Announces Two-Year Fleet Rocket Contract with Accel Logistica
Rhea-AI Summary
Freight Technologies (Nasdaq: FRGT) has secured a two-year contract with Accel Logistica for its Fleet Rocket Transportation Management System (TMS) software platform. Accel Logistica, a comprehensive logistics provider with facilities across Mexico, will implement Fleet Rocket's suite of modules to enhance its operations.
The Fleet Rocket platform offers multiple capabilities including dedicated fleet management, GPS monitoring, AI-powered tendering, ocean freight booking, mobile access, messaging integration, automated alerts, analytics, ETA calculations, and ERP integration. Accel Logistica serves multinational corporations, retailers, and food service providers with services spanning merchandise management, inventory control, copacking, and cross-docking.
Positive
- Secured two-year contract with established logistics provider Accel Logistica
- Expands presence in Mexican and cross-border logistics market
- Validates market demand for Fr8Tech's Fleet Rocket platform
- Demonstrates ability to serve multinational corporate clients
Negative
- None.
News Market Reaction – FRGT
On the day this news was published, FRGT declined 1.65%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, June 30, 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, is pleased to announce that it has signed a two-year contract with Accel Comercial, S.A. de C.V. (“Accel Logistica”), to license Fleet Rocket, Fr8Tech’s advanced Transportation Management System (TMS) software platform.
Accel Logistica provides comprehensive logistics and supply chain solutions, offering services that include merchandise management (collection, sorting, warehousing, and delivery), inventory control, copacking, and cross-docking, among others. With facilities across Mexico, Accel Logistica serves a wide range of customers, including multinational corporations, retailers, and food service providers, helping them keep their operations running smoothly and efficiently.
Fleet Rocket is a flexible, scalable and cost-effective TMS software platform developed to support shippers, brokers, and logistics providers across the USMCA region. Accel Logistica will utilize a comprehensive suite of Fleet Rocket modules tailored to improve operational efficiency, visibility and communication across its logistics network.
Under the contract, Accel Logistica will leverage key Fleet Rocket capabilities, including:
- Dedicated Fleet Management
- GPS Monitoring
- AI-powered Tendering Bot
- Ocean Freight Booking
- Mobile App Access
- Chat and WhatsApp Messaging
- Automated Email Alerts
- Dashboard Analytics & Reporting
- ETA Calculations
- Customized ERP Integration
“Accel Logistica is a well-established logistics provider with a deep understanding of the Mexican and cross-border supply chain landscape,” said Javier Selgas, CEO of Fr8Tech. “Their decision to implement Fleet Rocket validates the growing need for agile and customizable platforms that enhance logistics management, communications, and support data-driven operations. We’re excited to contribute to their continued success.”
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 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
What is the duration of FRGT's contract with Accel Logistica?
What features does FRGT's Fleet Rocket platform offer to Accel Logistica?
Who are Accel Logistica's primary customers?
What services does Accel Logistica provide using FRGT's platform?
Where can potential customers learn more about FRGT's Fleet Rocket platform?
