Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company revolutionizing cross-border shipping by offering carriers increased growth opportunities and shippers with flexibility, visibility and simplicity, is closely monitoring speed limiter directives on commercial vehicles. “As a company heavily invested in the industry, such directives could impact its performance and service delivery,” a recent article reads. “The Federal Motor Carrier Safety Administration (‘FMCSA’) proposed a rule that would mandate speed limiters for most commercial vehicles. While the exact speed has not been confirmed, safety groups have proposed a 60 mph limit for heavy-duty trucks. This is not the first time such a proposal has been brought forth. Back in the Obama administration, a similar suggestion was made, ultimately facing opposition from the American Trucking Association (‘ATA’)… The FMCSA has yet to communicate its decision on the matter, pending its review of over 15,000 comments. The ruling is projected to come in late summer or early fall, but FRGT is keeping a close eye on the matter and monitoring its development.”

To view the full article, visit https://ibn.fm/36uoX

About Freight Technologies Inc.

Freight Technologies (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App Inc. (“Fr8App”), is a B2B cross-border shipping marketplace in the USMCA region powered by AI and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit Fr8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT         

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
[email protected]

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

The post QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Monitoring Developments in Commercial Vehicles Industry as Part of Overall Focus to Revolutionize Cross-Border Shipping appeared first on QualityStocks.