Freight Technologies Unveils AI Tendering Bot: Revolutionizing Load Management

Freight Technologies, Inc. (FRGT) has recently unveiled its AI Tendering Bot, a groundbreaking solution designed to automate and streamline the load tendering process for shippers and freight brokers. This innovative technology marks a significant shift in the logistics industry, as Freight Technologies embraces a Software-as-a-Service (SaaS) model to enhance operational efficiency and reduce costs.

The AI Tendering Bot leverages advanced artificial intelligence to interpret emails, text messages, and Excel spreadsheets containing load information. By automating the transcription and organization of load requests, the bot significantly reduces the time and labor required by employees, minimizing human intervention and lowering operating costs for both Freight Technologies and its enterprise clients.

Successfully pilot-tested with several clients, the AI Tendering Bot has proven its accuracy and reliability. It is now fully integrated with Fleet Rocket, Fr8Tech's cutting-edge Transport Management Systems (TMS) solution for brokers, further enhancing the platform's value proposition. This integration not only accelerates the tendering process but also delivers substantial cost savings and operational efficiencies through enhanced efficiency, cost reduction, improved accuracy, and real-time visibility.

Javier Selgas, CEO of Fr8Tech, emphasizes the strategic importance of this innovation: "Our new AI Tendering Bot represents a significant milestone in Fr8Tech's digital transformation journey. By automating the load tendering process, we are not only driving down operational costs but also delivering faster, more reliable service to our customers. This innovation aligns perfectly with our 2025 targets: to automate our operations, enhance service levels for key enterprise clients, and expand the innovative capabilities of our SaaS TMS solution, Fleet Rocket."

The partnership with Trebu.ai, a Y Combinator-backed startup specializing in AI automation, adds credibility to Freight Technologies' technological capabilities. This collaboration model accelerates their technology roadmap while controlling development costs, enabling the company to stay competitive in the rapidly evolving logistics industry.

In conclusion, Freight Technologies' AI Tendering Bot represents a significant technological advancement in the logistics space, addressing critical pain points in load tendering processes. By automating the previously manual process, FRGT is tackling inefficiencies that plague the industry while advancing its strategic shift to a Software-as-a-Service (SaaS) model. The successful pilot testing and integration with Fleet Rocket indicate that this solution is market-ready and poised to drive operational improvements and cost savings for both Freight Technologies and its enterprise clients.