Freight technologies, inc. reports strong q2 earnings with 29% revenue growth and 93% margin increase

Houston, aug. 14, 2023 (globe newswire) -- freight technologies, inc. (nasdaq: frgt), a technology company offering its custom-developed fr8app, an industry-leading freight-matching platform powered by ai and machine-learning that offers a real-time portal for b2b cross-border and domestic shipping within the usmca region, today reports its financial results for the second quarter of 2023, concluding on june 30, 2023. the company has demonstrated steady growth, achieving a 29% increase in revenue compared to the previous quarter and a 93% rise in margin compared to the same year-to-date period last year.
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