Freight Technologies has just rolled out a new AI-powered tool called the AI Tendering Bot, designed to transform how load tendering is handled for shippers and freight brokers. This innovative solution is a big step in the company's shift towards a Software-as-a-Service (SaaS) model, promising to boost service quality and automation for its business clients. By embracing this new technology, Fr8Tech aims to cut down on operational costs, benefiting both the company and its customers.

Revolutionizing Load Tendering with AI

Traditionally, load tendering has been a mix of using integrated Transport Management Systems (TMS) and manual methods, like sending texts or emails. The AI Tendering Bot changes the game by using advanced AI to:

• Extract Key Details: It can read and understand emails, text messages, and even Excel spreadsheet screenshots that contain load information.

• Instant Data Integration: It quickly uploads structured load data into the Fr8app marketplace, allowing carriers to see and bid on loads right away.

• Minimize Manual Work: By automating the handling of load requests, it saves time and reduces the need for human labor.

Successful Testing and Seamless Integration

After a successful pilot phase with several clients, the AI Tendering Bot has shown to be both accurate and reliable. It's now fully integrated with Fleet Rocket, Fr8Tech’s advanced TMS solution for brokers, enhancing the platform's offerings. This integration speeds up the tendering process and offers significant cost savings and operational efficiencies by:

• Boosting Efficiency: It speeds up response times by cutting out delays from manual data entry.

• Cutting Costs: Reducing human involvement leads to lower operational expenses.

• Enhancing Accuracy: AI algorithms ensure precise capture and organization of crucial load information.

• Providing Real-Time Access: Load tenders are instantly available on the Fr8app marketplace, enabling carriers to bid without delay.

Javier Selgas, CEO of Fr8Tech, remarked that the AI Tendering Bot marks a major milestone in their digital transformation. By automating load tendering, the company not only lowers operational costs but also delivers faster and more dependable service to its clients. This innovation aligns perfectly with their 2025 goals: to automate operations, improve service levels for key clients, and enhance the capabilities of their SaaS TMS solution, Fleet Rocket. The bot was developed in collaboration with Trebu.ai, a Y Combinator-backed startup specializing in AI automation, to push freight management to new heights.

About Freight Technologies Inc.

Freight Technologies is a tech company that offers a wide range of proprietary platform solutions powered by AI and machine learning to optimize and automate supply chain processes. Their solutions include the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region, Fr8Now for less-than-truckload (LTL) shipping, Fr8Fleet for dedicated capacity service in Mexico, Waavely for efficient ocean freight booking, and Fleet Rocket, a cost-effective TMS for brokers and shippers. Each product is part of a unified platform that connects carriers and shippers, improving matching and operational efficiency through innovative technologies like live pricing and real-time tracking. The company is based in Houston, Texas. For more details, visit fr8technologies.com.

Cautionary Note on Forward-Looking Statements

This announcement includes forward-looking statements that involve risks and uncertainties. Actual results may differ from expectations, and readers should not rely on these statements as predictions of future events. Factors such as changes in laws, economic conditions, and other risks could cause actual results to vary. Fr8Tech advises caution in relying on these statements and does not commit to updating them.