Freight Technologies

Logistics platform construction and service provision: Fr8App Platform: The Fr8App platform operated by its wholly-owned subsidiary Freight App, Inc. is one of its core businesses. It is a business-to-business (B2B) cross-border shipping marketplace powered by artificial intelligence (AI) and machine learning. During the complex international over-the-road (OTR) transportation process, the platform creates opportunities for carriers, provides flexibility for shippers, and offers visibility into the transportation process. Through proprietary technology, Fr8App achieves real-time pricing and real-time tracking capabilities, connecting carriers and shippers to form a digital freight marketplace. For example, a manufacturing company based in the United States needs to transport goods to Mexico; through the Fr8App platform, it can quickly find suitable carriers, get real-time updates on the location of the goods, and obtain reasonable transportation prices based on the platform's intelligent algorithms. At the same time, the platform also offers services such as brokerage, transportation management, fleet management, and committed capacity solutions to meet the diverse needs of different customers in logistics transportation. Through on-screen reports or visual display combinations, system users can clearly obtain summaries of all freight activities, facilitating the management and monitoring of transportation operations. Fleet Rocket Transportation Management System: The company has launched a Transportation Management System (TMS) called Fleet Rocket, aimed at brokers, shippers, and other logistics enterprises. This system is specifically designed to address the complexities of domestic and cross-border logistics, which is of significant importance in the context of North American companies increasingly adopting nearshore outsourcing models. It offers a range of specialized tools to facilitate freight management and trade operations, including seamless cross-border logistics features such as compliance and customs document processing, as well as real-time tracking for domestic freight. Additionally, Fleet Rocket has API-driven integration capabilities that allow for easy connection with third-party platforms and business systems, enhancing operational control and efficiency. Its advanced reporting and analytics module helps businesses make data-driven decisions, improving cost management and operational performance. The system is tailored for small businesses while also providing scalable solutions for large enterprises, and it promises a simple implementation process, becoming fully operational within days, along with comprehensive support and training resources for users. Logistics service expansion: Freight Brokerage Support and Customer Service: Providing freight brokerage support for companies participating in the freight market, assisting businesses in finding suitable transportation resources, and coordinating various matters during the transportation process. At the same time, focusing on customer service, promptly responding to customer issues and needs during the logistics transportation process, ensuring the smooth operation of logistics services. For example, when customers encounter unexpected situations during the transportation of goods, such as transportation delays or damage to goods, the company's customer service team can quickly intervene, coordinate resources from all parties, resolve issues, and minimize customer losses. Contract logistics services: Signed long-term logistics service contracts with some large enterprises, such as extending the two-year logistics service contract with Kimberly - Clark de México. Through long-term stable cooperation, we gain an in-depth understanding of customer needs, customize exclusive logistics solutions for clients, and provide a series of logistics services ranging from cargo transportation to warehouse management, enhancing customer loyalty and improving the company's competitiveness in the logistics market.

Platform trading and service fees: Fr8App platform transaction commission: On the Fr8App platform, when carriers and shippers reach a transaction through the platform, the company charges a transaction commission at a certain percentage. As the number of platform users increases and the scale of transactions expands, transaction commission income has become one of the important sources of profit for the company. For example, for each completed freight transaction worth $100,000 on the platform, the company may charge a transaction commission of 1% - 3%, which is $1,000 - $3,000. Fleet Rocket system subscription and value-added service fees: For the Fleet Rocket transportation management system, the company adopts a subscription-based charging model. Customers choose different subscription packages based on the usage period and functional modules, paying the corresponding fees. At the same time, for some advanced features and customized services, such as more in-depth data analysis reports and customized integration with specific third-party systems, additional value-added service fees are charged. For example, a small logistics company subscribing to the basic package of the Fleet Rocket system needs to pay $500 per month; if the company requires the use of advanced transportation route optimization features, it will need to pay an additional $200 per month in value-added service fees. Logistics service revenue: Freight brokerage and customer service fees: By providing freight brokerage support to businesses and helping them match suitable transportation resources, the company charges a certain service fee. During the customer service process, additional fees may also be charged for some expedited services, special issue handling, etc. For example, for urgently dispatching transportation vehicles for customers, fees may range from $500 to $2000 depending on the urgency and difficulty of the dispatch. Contract logistics service revenue: Long-term logistics service contracts signed with enterprises bring stable income to the company. The company charges customers based on factors such as the scope of services and service volume specified in the contract. For example, the logistics service contract with Kimberly - Clark de México may bring the company millions of dollars in revenue each year, with the specific amount depending on the service content and the volume of goods transported as stipulated in the contract.

Platform trading and service fees: Fr8App platform transaction commission: This profit model incentivizes the company to continuously optimize platform features, enhance user experience, and attract more carriers and shippers to use the platform. As the scale of platform transactions expands, transaction commission revenue grows with economies of scale, bringing continuous cash flow to the company. At the same time, transaction commission revenue is relatively stable and directly related to the platform's activity level, helping the company maintain stable development in market competition. Fleet Rocket system subscription and value-added service charges: The subscription-based charging model provides the company with a predictable revenue stream, allowing for better planning of business development and resource investment. The value-added service charges meet the personalized needs of different customers, enhancing customer satisfaction and loyalty. By continuously developing new value-added services, the company can tap into the potential value of customers and further enhance profitability. Moreover, this profit model encourages the company to continuously invest in research and development, constantly upgrading system functions to maintain competitiveness in the logistics technology field. Logistics service revenue: Freight brokerage and customer service fees: This provides a direct source of income for the company, reflecting the value of the company's professional services in the logistics market. Through high-quality freight brokerage and customer service, the company can establish a good market reputation, attract more customers, and create a positive business cycle. At the same time, this profit model also helps the company gain a deeper understanding of market demand, providing a basis for platform optimization and the expansion of new businesses. Contract logistics service revenue: Long-term stable contract logistics service revenue provides the company with a solid financial foundation, reducing the impact of market fluctuations on the company's performance. By collaborating with large enterprises, the company can enhance its brand image, accumulate industry experience, and expand its business network. Moreover, in the process of providing customized logistics services to large enterprises, the company can continuously improve its service capabilities and operational levels, laying the groundwork for developing more similar clients.

Freight Technologies, Inc.'s business is primarily priced and settled in US dollars, making the impact of the US dollar quite direct. Capital Flow and Settlement: In the logistics service process, whether it is the fees generated from platform transactions or the income from logistics services, most are settled in US dollars. The financial transactions between the company and clients, carriers, and other parties will affect the flow of US dollars within the logistics industry. For example, when a large number of clients pay logistics fees through the platform, the company will receive a significant amount of US dollar funds, which may be used to pay carrier freight, invest in technology research and development, expand business, etc., thereby affecting the distribution and flow of US dollars among different economic entities. Trade Activities and Demand for US Dollars: The company's cross-border logistics business involves international trade activities. During the import and export of goods, enterprises need to exchange their local currency for US dollars for settlement. This increases the demand for US dollars, especially in North America where trade interactions are frequent. The company's business activities have a certain impact on the demand for US dollars and the stability of the exchange rate in the region. If the company's business volume grows significantly, driving more trade activities, it may lead to an increase in market demand for US dollars, which could, to some extent, affect the exchange rate of the US dollar.