Freight Technologies Launches Waavely Digital Ocean Freight Platform

Ticker: FRGT · Form: 6-K · Filed: Jul 8, 2024 · CIK: 1687542

Sentiment: bullish

Topics: new-product, logistics, technology

TL;DR

FREIGHT TECH DROPS NEW DIGITAL OCEAN FREIGHT PLATFORM CALLED WAAVELY.

AI Summary

Freight Technologies, Inc. announced on July 8, 2024, the launch of Waavely, a new digital ocean freight platform. This platform aims to revolutionize the industry by offering a streamlined and efficient solution for booking and managing ocean freight.

Why It Matters

The launch of Waavely could significantly improve efficiency and reduce costs in the complex world of international shipping, potentially impacting global trade logistics.

Risk Assessment

Risk Level: medium — The success of a new platform launch is inherently uncertain and depends on market adoption and competitive response.

Key Players & Entities

FAQ

What is the primary function of the newly launched Waavely platform?

Waavely is a revolutionary digital ocean freight platform designed to streamline the booking and management of ocean freight.

When was the launch of Waavely announced?

The launch of Waavely was announced on July 8, 2024, via a press release.

Who is the CEO of Freight Technologies, Inc.?

Mr. Javier Selgas is the Chief Executive Officer of Freight Technologies, Inc.

What is the SEC filing form type?

The filing is a Form 6-K, a Report of Foreign Issuer.

What was Freight Technologies, Inc. formerly known as?

Freight Technologies, Inc. was formerly known as Hudson Capital Inc. and China Internet Nationwide Financial Services, Inc.

Filing Stats: 177 words · 1 min read · ~1 pages · Grade level 10.8 · Accepted 2024-07-08 09:00:08

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: July 8 , 2024 FREIGHT TECHNOLOGIES, INC. By: /s/ Javier Selgas Name: Javier Selgas Title: Chief Financial Officer

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