FRGT.O Surges as Zayren Launch Boosts Market Sentiment
Shares of Freight Technologies, Inc. (FRGT.O) experienced a notable increase today, crossing above the 20-day simple moving average (SMA) as investors reacted positively to the launch of Zayren, an innovative AI-based pricing-prediction tool. This technical breakout signals a shift in market momentum, suggesting bullish sentiment among traders.
The introduction of Zayren is poised to transform freight logistics by offering real-time rate predictions and automated carrier matching, addressing key challenges such as price volatility. With features tailored for Fleet Rocket TMS users and a 90-day free trial for carriers, the platform aims to enhance procurement efficiency and transparency in the sector.
Freight Technologies' strategic move into AI-driven solutions reflects a commitment to innovation, with plans to further develop voice-enabled AI agents by 2026. This forward-thinking approach is likely to attract more interest from investors, positioning the company favorably in a competitive market.
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