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6-KSEC Filing

Freight Technologies, Inc. — 6-K Filing

April 2, 2026 at 12:00 AM

🧾 What This Document Is

This is a 6-K form, which is a current report international companies file with the SEC to share major news with investors. It's essentially a press release about a major company pivot.

👉 In simple terms: Freight Technologies (FRGT) is announcing it's shifting its entire business model. It's moving from being a freight broker (like a middleman for shipping) to focusing 100% on selling its AI software and technology to others in the logistics industry.

🏢 What The Company Does

Freight Technologies, or "Fr8Tech," is a logistics tech company focused on the massive U.S.-Mexico trade corridor. They build software platforms to make shipping and freight booking more efficient, especially for cross-border trade.

👉 Think of it like this: They used to be a shipping matchmaking service. Now, they want to sell the matchmaking algorithm and technology tools they built for themselves to everyone else in the business.

🚀 The Big Strategic Pivot

This is the core news. The company is executing a major two-part plan:

  1. Becoming "Software-First": They are accelerating the commercial sale of their proprietary AI and Software-as-a-Service (SaaS) platforms.
  2. Exploring a Sale of Their Brokerage Business: To fund and focus on this software push, they are actively looking for a buyer for their original online freight brokerage operations. They've already started talking to potential interested parties.

👉 Why it matters: This is a radical change. They are essentially putting their legacy business up for sale to become a pure technology company. The Board is overseeing this process, but they stress it's still early and there's no guarantee a deal will happen.

📦 Their Software Arsenal

Their pivot is built on several software products that are now mature and being sold. The key platforms include:

  • Fleet Rocket: A Transportation Management System (TMS) for brokers and shippers. It includes AI tools for tendering shipments, predicting ETAs, and integrating with company systems.
  • Zayren & Zayren Pro: An AI-powered pricing and carrier-matching tool. The "Pro" version, launched in January 2026, lets carriers sign up and manage their preferences themselves.
  • Fr8Radar: A real-time tracking module that connects to 73 GPS networks across the U.S. and Mexico for visibility.

👉 The key takeaway: These products are no longer just ideas; they are commercially deployed, generating recurring software contracts, and operating "autonomously at scale."

💰 Financial & Operational Reality

The filing highlights that this isn't just a future plan—it's happening now.

  • They mention operating with a "significantly reduced headcount" compared to the prior year, showing cost-cutting focused on the new model.
  • The move is driven by the belief that the software model is the "most direct path to deliver long-term value."
  • Their enterprise customer relationships and AI development pipeline are said to be unaffected by the potential sale of the brokerage unit.

🔮 What's Next & The Big Picture

The company sees a huge opportunity in the under-technologized U.S.-Mexico freight market, fueled by nearshoring (companies moving production closer to the U.S.). Their next technological steps involve:

  • Agentic AI Workflows (software that acts on its own)
  • Voice-based freight coordination
  • Advanced predictive pricing

👍 Strengths: Focused strategy, commercially ready AI products, targeting a massive and growing trade corridor. ⚠️ Risks: Execution risk on the strategic pivot, uncertainty from the brokerage sale process, and competition in the logistics tech space.

🧠 The Analogy

It's like a successful local restaurant that owns a popular recipe for its secret sauce. Instead of just serving food (brokering freight), it's shutting down the dining room to sell bottles of that sauce (SaaS software) to grocery stores and other restaurants nationwide. The sale of the restaurant helps fund the new sauce factory.

📇 Key Contacts & People

  • Javier Selgas: Chief Executive Officer
  • Umberto León Domínguez: Director of the Fr8Tech AI Lab
  • Jason Finkelstein: IGNITION Investor Relations
  • Investor Email: [email protected]
  • Company Website: fr8technologies.com

🧩 Final Takeaway

Freight Technologies is making a bold, all-in bet on its technology. By potentially selling its core brokerage business, it aims to transform into a lean, AI-software company focused on dominating the logistics tech needs of the crucial U.S.-Mexico trade lane. The move from being an operator in logistics to a technology provider for operators is a fundamental shift in its identity and future.