Freight Technologies Signs Two-Year Fleet Rocket Contract with Accel Logistica for Advanced TMS Software Platform.
ByAinvest
Monday, Jun 30, 2025 9:03 am ET1min read
FRGT--
The Fleet Rocket platform offers a suite of capabilities including dedicated fleet management, GPS monitoring, AI-powered tendering, ocean freight booking, mobile access, messaging integration, automated alerts, analytics, ETA calculations, and ERP integration. Accel Logistica serves multinational corporations, retailers, and food service providers with services spanning merchandise management, inventory control, copacking, and cross-docking.
This partnership is notable for Accel Logistica's established presence across Mexico and its diverse client portfolio. The contract underscores the growing need for agile and customizable platforms that enhance logistics management and communications, particularly in complex supply chains requiring sophisticated logistics management.
From a competitive standpoint, this contract validates FRGT's technology value proposition in the USMCA (US-Mexico-Canada) region where cross-border logistics present unique challenges. The inclusion of AI-powered tendering and integration capabilities demonstrates FRGT's technical competitiveness in a market where automation and seamless data exchange are increasingly critical.
While the financial terms remain undisclosed, this contract likely represents meaningful recurring revenue given its comprehensive scope and two-year commitment. For FRGT, which trades on Nasdaq but is still establishing its market position, securing multi-year contracts with established logistics providers helps build stable revenue streams and product validation necessary for long-term growth in the logistics technology sector.
References:
[1] https://www.stocktitan.net/news/FRGT/freight-technologies-announces-two-year-fleet-rocket-contract-with-p8e8y7vtihfb.html
[2] https://www.prnewswire.com/news-releases/chain-and-mcleod-software-launch-certified-integration-to-bring-ai-powered-freight-visibility-and-exception-management-to-tms-workflows-302489277.html
[3] https://www.prnewswire.com/news-releases/elektrobit-and-global-partner-to-jointly-develop-evos--an-ai-centric-automotive-platform-for-software-defined-vehicles-302490578.html
RCKT--
Freight Technologies has signed a two-year contract with Accel Logistica to license Fleet Rocket, a Transportation Management System (TMS) software platform. Accel Logistica will use Fleet Rocket's key capabilities, including dedicated fleet management, GPS monitoring, and AI-powered tendering bot, to improve operational efficiency and visibility across its logistics network. The contract validates the growing need for agile and customizable platforms that enhance logistics management and communications.
Freight Technologies (Nasdaq: FRGT) has secured a two-year contract with Accel Logistica to implement its Fleet Rocket Transportation Management System (TMS) software platform. The agreement, announced on June 19, 2025, marks a strategic win for FRGT in the competitive logistics technology market. Accel Logistica, a comprehensive logistics provider with facilities across Mexico, will deploy various Fleet Rocket modules to enhance its operations.The Fleet Rocket platform offers a suite of capabilities including dedicated fleet management, GPS monitoring, AI-powered tendering, ocean freight booking, mobile access, messaging integration, automated alerts, analytics, ETA calculations, and ERP integration. Accel Logistica serves multinational corporations, retailers, and food service providers with services spanning merchandise management, inventory control, copacking, and cross-docking.
This partnership is notable for Accel Logistica's established presence across Mexico and its diverse client portfolio. The contract underscores the growing need for agile and customizable platforms that enhance logistics management and communications, particularly in complex supply chains requiring sophisticated logistics management.
From a competitive standpoint, this contract validates FRGT's technology value proposition in the USMCA (US-Mexico-Canada) region where cross-border logistics present unique challenges. The inclusion of AI-powered tendering and integration capabilities demonstrates FRGT's technical competitiveness in a market where automation and seamless data exchange are increasingly critical.
While the financial terms remain undisclosed, this contract likely represents meaningful recurring revenue given its comprehensive scope and two-year commitment. For FRGT, which trades on Nasdaq but is still establishing its market position, securing multi-year contracts with established logistics providers helps build stable revenue streams and product validation necessary for long-term growth in the logistics technology sector.
References:
[1] https://www.stocktitan.net/news/FRGT/freight-technologies-announces-two-year-fleet-rocket-contract-with-p8e8y7vtihfb.html
[2] https://www.prnewswire.com/news-releases/chain-and-mcleod-software-launch-certified-integration-to-bring-ai-powered-freight-visibility-and-exception-management-to-tms-workflows-302489277.html
[3] https://www.prnewswire.com/news-releases/elektrobit-and-global-partner-to-jointly-develop-evos--an-ai-centric-automotive-platform-for-software-defined-vehicles-302490578.html
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