Shares of Freight Technologies, Inc. ( FRGT ) are trading higher Wednesday after the shipping technology company launched an AI-powered tool.

FRGT stock is showing exceptional strength. See the full story here.

What To Know: Freight Technologies ( FRGT ) announced the commercial launch of Zayren, a machine learning pricing-prediction tool and carrier-matching platform designed for cross-border and domestic over-the-road freight shipments across Mexico and the United States.

The AI-based tool provides real-time freight-rate predictions and enables users to access instant pricing insights for cross-border and domestic loads.

“We’re giving shippers, brokers, and carriers the tools to move faster, cut costs, and gain unprecedented transparency,” said Javier Selgas, CEO of Freight Technologies ( FRGT ). “As cross-border logistics become ever more complex, Zayren delivers smarter, data-driven decision-making capabilities that operators need to be successful in this market.”

Looking ahead, Freight Technologies ( FRGT ) plans to deploy voice-enabled AI agents with additional logistics functionalities in 2026. These capabilities are being developed internally by the company’s AI Lab, further expanding Fr8Tech’s in-house AI-driven automation across the freight transportation ecosystem.

Freight Technologies ( FRGT ) is expected to report third-quarter earnings early December.

FRGT Price Action: Freight Technologies ( FRGT ) shares were up 74.23%, trading at $1.16 at the time of publication Wednesday, according to Benzinga Pro.

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