Freight Technologies shares surge 21.93% intraday after AI-driven productivity gains boost efficiency and sales.
ByAinvest
Tuesday, Feb 24, 2026 11:58 am ET1min read
FRGT--
Freight Technologies surged 21.93% intraday after disclosing AI-driven productivity gains, including 15x domestic and 5x cross-border efficiency improvements. The company highlighted AI-native solutions accelerating booking times, automating documentation, and enabling higher shipment volumes with reduced staff. CEO Javier Selgas emphasized monetization of AI investments and progress toward SaaS commercialization, positioning the firm as a scalable software-first logistics company. These developments, including cross-selling of Fleet Rocket and margin enhancements, directly aligned with the stock’s sharp intraday rally.
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