UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                      For the quarter ended March 31, 2008

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

         For the transition period from ______________ to ______________

                        Commission File Number 333-148920


                            FREIGHT MANAGEMENT CORP.
             (Exact name of registrant as specified in its charter)

           Nevada                                                75-3254381
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                Suite 200, 8275 Eastern Ave Las Vegas, NV, 89123
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 702-938-0496

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant is a large  accelerated  filer, an
accelerated filer, a non-accelerated  filer, or a smaller reporting company. See
the definitions of "large accelerated  filer,"  "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

Number of shares outstanding of the registrant's class of common stock as of May
7, 2008: 5,060,000

Authorized share capital of the registrant:  50,000,000 common shares, par value
of $0.001

The Company  recorded  $nil sales  revenue for the three  months ended March 31,
2008.
<PAGE>
                           FORWARD-LOOKING STATEMENTS

THIS QUARTERLY REPORT ON FORM 10-Q CONTAINS  PREDICTIONS,  PROJECTIONS AND OTHER
STATEMENTS ABOUT THE FUTURE THAT ARE INTENDED TO BE "FORWARD-LOOKING STATEMENTS"
WITHIN THE MEANING OF SECTION 21E OF THE  SECURITIES  EXCHANGE  ACT OF 1934,  AS
AMENDED (COLLECTIVELY, "FORWARD-LOOKING STATEMENTS"). FORWARD-LOOKING STATEMENTS
INVOLVE  RISKS AND  UNCERTAINTIES.  A NUMBER OF  IMPORTANT  FACTORS  COULD CAUSE
ACTUAL  RESULTS  TO  DIFFER   MATERIALLY  FROM  THOSE  IN  THE   FORWARD-LOOKING
STATEMENTS. IN ASSESSING FORWARD-LOOKING  STATEMENTS CONTAINED IN THIS QUARTERLY
REPORT  ON FORM  10-Q,  READERS  ARE  URGED  TO READ  CAREFULLY  ALL  CAUTIONARY
STATEMENTS  - INCLUDING  THOSE  CONTAINED  IN OTHER  SECTIONS OF THIS  QUARTERLY
REPORT ON FORM 10-Q.  AMONG SAID  RISKS AND  UNCERTAINTIES  IS THE RISK THAT THE
COMPANY WILL NOT SUCCESSFULLY  EXECUTE ITS BUSINESS PLAN, THAT ITS MANAGEMENT IS
ADEQUATE TO CARRY OUT ITS BUSINESS PLAN AND THAT THERE WILL BE ADEQUATE  CAPITAL
OR THEY MAY BE UNSUCCESSUFL FOR TECHNICAL, ECONOMIC OR OTHER REASONS.

                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                                                                     Page Number
                                                                     -----------

     Balance Sheets..............................................         3

     Statements of Operations....................................         4

     Statement of Stockholder's Equity...........................         5

     Statements of Cash Flows....................................         6

     Notes to the Financial Statements..........................          7


                                       2
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                                  BALANCE SHEET

<TABLE>
<CAPTION>
                                                            March 31,         December 31,
                                                              2008               2007
                                                            --------           --------
                                                           (unaudited)
<S>                                                         <C>                <C>
ASSETS

Current assets
  Cash and bank accounts                                    $ 32,250           $ 60,208
  Deposit                                                        150                150
                                                            --------           --------

      Total current assets                                    32,400             60,358

Website, net of accumulated amortization (Note 7)              3,556              3,889
                                                            --------           --------

Total assets                                                $ 35,956           $ 64,247
                                                            ========           ========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
  Accounts payable and accrued liabilities                  $  1,008           $  4,003
  Due to director (Note 5)                                       820                820
                                                            --------           --------

Total liabilities                                              1,828              4,823
                                                            --------           --------
Stockholders' equity (Note 4,5)
  Authorized:
    75,000,000 common shares
    Par value $0.001
  Issued and outstanding:
    5,060,000 common shares                                    5,060              5,060
  Additional paid-in capital                                  55,940             55,940
  Deficit accumulated during the development stage           (26,872)            (1,576)
                                                            --------           --------

      Total stockholders' equity                              34,128             59,424
                                                            --------           --------

Total liabilities and stockholders' equity                  $ 35,956           $ 64,247
                                                            ========           ========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       3
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                             STATEMENT OF OPERATIONS
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                    Date of
                                                                                Incorporation on
                                                         3 Months Ended       September 17, 2007 to
                                                            March 31,               March 31,
                                                              2008                    2008
                                                           ----------              ----------
<S>                                                        <C>                     <C>
REVENUE                                                    $       --              $       --
                                                           ----------              ----------
OPERATING EXPENSES
  Amortization                                                    333                     444
  Database and website based application development            7,550                   7,550
  General & Administrative                                     17,413                  18,058
  Organization                                                     --                     820
                                                           ----------              ----------
Loss before income taxes                                      (25,296)                (26,872)

Provision for income taxes                                         --                      --
                                                           ----------              ----------

Net loss                                                   $  (25,296)             $  (26,872)
                                                           ==========              ==========
Basic and diluted loss per Common share (1)
                                                           ==========              ==========
Weighted average number of common shares
outstanding (Note 4)                                        5,060,000
                                                           ==========
</TABLE>

----------
(1) less than $0.01


   The accompanying notes are an integral part of these financial statements.

                                       4
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                        STATEMENT OF STOCKHOLDERS' EQUITY
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                 Deficit
                                                                               Accumulated
                                           Common Stock          Additional     During the         Total
                                      --------------------        Paid in      Development     Stockholders'
                                      Shares        Amount        Capital         Stage           Equity
                                      ------        ------        -------         -----           ------
<S>                               <C>            <C>            <C>             <C>             <C>
Inception, September 17, 2007              --     $      --      $      --      $      --       $      --

Initial capitalization, sale of
 common stock to Directors on
 September 17, 2007                 4,000,000         4,000          4,000                          8,000
Private placement closed
 December 31, 2007                  1,060,000         1,060         51,940                         53,000

Net loss for the period                    --            --             --         (1,576)         (1,576)
                                    ---------     ---------      ---------      ---------       ---------
Balance December 31, 2007           5,060,000     $   5,060      $  55,940      $  (1,576)      $  59,424

Net loss for the period                    --            --             --        (25,296)        (25,296)
                                    ---------     ---------      ---------      ---------       ---------

Balance March 31, 2008              5,060,000     $   5,060      $  55,940      $ (26,872)      $  34,128
                                    =========     =========      =========      =========       =========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       5
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                             STATEMENT OF CASH FLOWS
                                   (unaudited)


<TABLE>
<CAPTION>
                                                                                    Date of
                                                                                Incorporation on
                                                          3 Months Ended      September 17, 2007 to
                                                             March 31,              March 31,
                                                               2008                   2008
                                                             --------               --------
<S>                                                        <C>                  <C>
OPERATING ACTIVITIES
  Net loss for the period                                    $(25,296)              $(26,872)
  Adjustments to Reconcile Net Loss to Net Cash
   Used in Operating Activities
     Amortization expense                                         333                    444
  Changes in operating assets and liabilities:
     Deposit                                                       --                   (150)
     Accounts payable and accrued liabilities                  (2,995)                 1,008
     Due to director                                               --                    820
                                                             --------               --------

Net cash used by operating activities                         (27,958)               (24,750)
                                                             --------               --------
INVESTING ACTIVITIES
  Website                                                          --                 (4,000)
                                                             --------               --------

Net cash used in investing activities                              --                 (4,000)
                                                             --------               --------
FINANCING ACTIVITIES
  Proceeds from issuance of common stock                           --                 61,000
                                                             --------               --------

Net cash provided by financing activities                          --                 61,000
                                                             --------               --------

Increase (decrease) in cash during the period                 (27,958)                32,250

Cash, beginning of the period                                  60,208                     --
                                                             --------               --------

Cash, end of the period                                      $ 32,250               $ 32,250
                                                             ========               ========

Supplemental disclosure with respect to cash flows:
  Cash paid for income taxes                                 $     --               $     --
  Cash paid for interest                                     $     --               $     --
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       6
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 1. GENERAL ORGANIZATION AND BUSINESS

The Company was originally incorporated under the laws of the state of Nevada on
September 17, 2007. The Company has limited  operations  and in accordance  with
SFAS #7, is considered a development stage company, and has had no revenues from
operations to date.

Initial operations have included organization,  capital formation, target market
identification,  new product  development  and  marketing  plans.  Management is
planning  to complete  development  and then  market an  integrated  website for
planning and analyzing shipping logistics to prospective clients. See Note 5.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES

The relevant  accounting  policies and procedures are listed below.  The company
has adopted a December 31 year end.

ACCOUNTING BASIS

The basis is generally accepted accounting principles.

EARNINGS PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective its inception.

The basic earnings  (loss) per share is calculated by dividing the Company's net
income available to common shareholders by the weighted average number of common
shares during the year. The diluted  earnings  (loss) per share is calculated by
dividing the Company's net income (loss) available to common shareholders by the
diluted  weighted  average  number of shares  outstanding  during the year.  The
diluted  weighted  average  number of shares  outstanding  is the basic weighted
number  of  shares  adjusted  as of the  first of the  year for any  potentially
dilutive debt or equity.

The Company has not issued any options or warrants or similar  securities  since
inception.

                                       7
<PAGE>
                             FREIGHT MANAGMENT CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 2. (CONTINUED)

DIVIDENDS

The Company has not yet adopted any policy  regarding  payment of dividends.  No
dividends have been paid during the periods shown.

CASH EQUIVALENTS

The Company  considers  all highly  liquid  investments  with  maturity of three
months or less when purchased to be cash equivalents.

INCOME TAXES

Income taxes are provided in accordance  with Statement of Financial  accounting
Standards No. 109 (SFAS 109),  Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss  carryforwards.  Deferred tax expense (benefit)
results  from  the net  change  during  the  year of  deferred  tax  assets  and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and disclosure of contingent  assets and liabilities at the date of
the financial statements and the reported amounts of revenue and expenses during
the reporting period. Actual results could differ from those estimates.

                                       8
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE  2. (CONTINUED)

WEBSITE COSTS

Website costs consist of software development costs, which represent capitalized
costs  of  design,  configuration,  coding,  installation  and  testing  of  the
Company's  website up to its  initial  implementation.  Upon  implementation  in
December 2007, the asset is being amortized to expense over its estimated useful
life  of  three  years  using  the   straight-line   method.   Ongoing   website
post-implementation  costs of  operation,  including  training  and  application
maintenance, will be charged to expense as incurred. See Note 7.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a going  concern,  which  contemplates,  among other
things,  the realization of assets and satisfaction of liabilities in the normal
course of business.  The Company has net losses for the period from inception to
March 31, 2008 of $26,872.  The Company intends to fund operations through sales
and equity financing arrangements, which may be insufficient to fund its capital
expenditures,  working  capital  and other cash  requirements  through  the next
fiscal year ending December 31, 2008.

The  ability of the Company to emerge from the  development  stage is  dependent
upon the  Company's  successful  efforts to raise  sufficient  capital  and then
attaining profitable operations.  In response to these problems,  management has
planned the following actions:

     *    The Company has filed and cleared a  Registration  Statement  with the
          SEC.
     *    Management intends to raise additional funds through public or private
          placement offerings.
     *    Management  is  currently  completing   development  of  its  proposed
          internet/web  based  product  to  generate  sales.  There  can  be  no
          assurances,  however,  that management's  expectations of future sales
          will be realized.

These factors, among others, raise substantial doubt about the Company's ability
to continue as a going concern.  These  financial  statements do not include any
adjustments that might result from the outcome of this uncertainty.

                                       9
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 4. STOCKHOLDERS' EQUITY

AUTHORIZED

The Company is authorized to issue 75,000,000  shares of $0.001 par value common
stock. All common stock shares have equal voting rights,  are non-assessable and
have one vote per share.  Voting rights are not cumulative and,  therefore,  the
holders of more than 50% of the common  stock  could,  if they  choose to do so,
elect all of the directors of the Company.

ISSUED AND OUTSTANDING

On September 17, 2007  (inception),  the Company issued  4,000,000 shares of its
common stock to its Directors for cash of $8,000. See Note 5.

On December 31,  2007,  the Company  closed a private  placement  for  1,060,000
common  shares at a price of $0.05 per share,  or an aggregate  of $53,000.  The
Company accepted subscriptions from 39 offshore non-affiliated investors.

NOTE 5. RELATED PARTY TRANSACTIONS

The  Company's  neither  owns nor  leases  any real or  personal  property.  The
Company's  Directors  provides  office  space free of charge.  The  officers and
directors of the Company are involved in other  business  activities and may, in
the future,  become  involved  in other  business  opportunities.  If a specific
business  opportunity  becomes  available,  such  persons may face a conflict in
selecting  between the Company and their other business  interests.  The Company
has not formulated a policy for the resolution of such conflicts.

The  amount due to a  director  of $820 has no  repayment  terms,  is  unsecured
without interest and is for reimbursement of company incorporation expenses. The
company plans to pay the amount within the next 12 months.

On February 26, 2007  (inception),  the Company issued  4,000,000  shares of its
common stock to its Directors for cash of $8,000. See Note 4.

                                       10
<PAGE>
                            FREIGHT MANAGEMENT CORP.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 6. INCOME TAXES

Net  deferred  tax  assets  are $nil.  Realization  of  deferred  tax  assets is
dependent  upon  sufficient   future  taxable  income  during  the  period  that
deductible temporary differences and carry-forwards are expected to be available
to reduce taxable  income.  As the achievement of required future taxable income
is  uncertain,  the  Company  recorded a 100%  valuation  allowance.  Management
believes it is likely that any deferred tax assets will not be realized.

As of December 31, 2007,  the Company has a net operating  loss carry forward of
approximately  $1,576,  which  will  expire 20 years  from the date the loss was
incurred.

NOTE 7. WEBSITE

                                     Accumulated
                        Cost         amortization          Net book value
                        ----         ------------          --------------
Website costs          $4,000           $444                  $3,556
                       ======           ====                  ======

Website costs are amortized on a straight line basis over 3 years, its estimated
useful life.

NOTE 8. OPERATING LEASES AND OTHER COMMITMENTS:

The  Company   currently  has  no  operating  lease  commitments  or  any  other
commitments.

                                       11
<PAGE>
ITEM 2. MANAGEMENT'S PLAN OF OPERATION

GENERAL OVERVIEW

Freight Management Corp. was incorporated on September 17, 2007, in the State of
Nevada.  Our  principal  executive  offices are located  Suite 200, 8275 Eastern
Avenue, Las Vegas, NV, 89123. Our telephone number is (702) 938-0496.  As of the
date of this prospectus,  we are a development stage company with no revenue and
limited operations to date.

Our company's business is focused on the development and commercialization of an
internet  based,   intelligent  online  system  for  business  owners,   freight
forwarders,  junior  employees  in the  shipping/freight  industry  and business
people in the export/import  industry who require  assistance with their freight
and  shipping  related  queries.  We have  named our system  FRINFO,  or Freight
Information. Our planned system will utilize a comprehensive database to provide
our prospective  customers with  customized,  specific  professional  advice and
solutions to their related shipping queries and issues. FRINFO will successfully
enable the  generation  of online real time  solutions  and advice to  questions
submitted  by the  customers,  and  guide  them to the  most  optimum  logistics
solutions,  which would  potentially  include  lower freight  rates,  best trade
routes and the most ideal  transportation  means/mode.  When completed,  it will
also include tabular sections for frequently  asked questions  (FAQ's) and their
related answers,  as well as industry related terms,  abbreviations,  and widely
used  terminology.  On completion of successful  development  and testing,  this
software will ultimately be made available online to potential  customers on our
website at: www.freightmanagementcorp.com

Any  business  owner who  trades  internationally,  or between  countries,  will
readily  recognize the challenges they face when negotiating with shipping lines
to  transport  their  cargos  between  two  different  countries,  the  lack  of
information  from  various  shipping  lines and  alternatives,  and  complicated
terminology.  Additionally,  shippers/manufacturers  new to the business,  those
with  new  products,  or  those  selling  into  new  markets  do not  completely
understand the  shipping/freight  process and face difficulties finding the best
and most trusted shipping mode to move their goods. The learning process creates
frustration and consumes  valuable time as they try to obtain a clear picture of
all shipping logistics. Junior shipping/freight industry employees are typically
overwhelmed with the vast terminology  during their first few months on the job,
and lack a reliable  unified source that can provide  trusted answers to address
their queries.  Employees also face the problem of understanding the complicated
documentation  and physical  processes  involved in the global shipping industry
(eg:  shipping  declarations,  custom  procedures  and  clearance,  stevedoring,
loading, and transportation).

We  believe a venue  like the  Internet  to  address  these  challenges  is long
overdue.  Users will  potentially be able to source  reliable  information  from
their own offices and develop  timely  freight  plans that suit their needs at a
reasonable cost. FRINFO is being developed to use Artificial  Intelligence (AI).
The customer  will be prompted to enter his/her  question  using an online form.
FRINFO will then  recognize and detect certain  keywords in the customers  input
and searches its smart  knowledge  center for  relevant  answers  related to the
keywords  generated.  After  creating a list of  results,  FRINFO  will  combine
keywords  using a state  of the  art  matrix  engineering  system  to  eliminate
non-related results. It will then provide a solution that is most related to the
customer's original query.

FRINFO would also recommend to the customer further readings,  which would match
the nature of the request, for example:

     -    Regulations of importing goods into the USA
     -    Quota system for importing cotton products into the USA
     -    Customs/Brokerage hints & potential contacts

When developed, FRINFO will consist of the following major components:

                                       12
<PAGE>
     *    THE SMART  KNOWLEDGE  CENTER - this  databank  will act as the core of
          FRINFO and will contain all of our shipping  related  data,  articles,
          link and  information  related to the  shipping/freight  sector.  This
          databank will be updated on regular basis.
     *    THE  KEYWORD  RECOGNITION  SOFTWARE - this  module will be based on AI
          architecture.  FRINO will  recognize  the MAJOR  keywords  in the user
          inputs  and  search  the smart  knowledge  center  for the  recognized
          keywords.  The software will split the user input into  keywords,  and
          will recognize the major keywords and eliminate  un-related  text from
          the user input.
     *    THE MATRIX  ENGINEERING  SYSTEM - this will be the  engineering  logic
          that  FRINO  utilizes  to  combine   keywords  and  to  eliminate  any
          un-desired  results  from the search  results,  listing  only the most
          accurate and related answers to the users.

We currently have no revenues or customers for our services.  We anticipate that
final  commercial  version of FRINFO will not be ready for commercial use for at
least 10-12  months from the date hereof.  We may offer  service in BETA TESTING
mode once the website is completed in approximately 8 months. We plan on earning
revenues  through  customer  subscriptions  to our  service  and we will  target
freight forwarders,  exporters and importers operating in the USA and the Middle
East, which will serve as our initial target market. Customers will subscribe to
our online service by paying a monthly, quarterly,  semi-annual, or annual fees.
During  their  subscription  periods,  customers  can post  unlimited  number of
questions  and  achieve  specific  responses.  We have not yet fixed our pricing
structure  and will need to  determine  our charges  initially  as the  software
develops,  and revise them regularly to attract a wider base of customers in our
targeted markets.  Our future marketing strategy will include expansion plans to
provide our  services  to  European  and Asian  markets,  but this will  require
further development of our intelligent system in some local languages.

At this  stage in our  development,  there can be no  assurance  that we will be
successful in generating  revenues from our subscription  based online system or
that  prospective  customers  seeking shipping advise will be receptive to using
our service.

Since  incorporation,  we have  not made any  significant  purchases  or sale of
assets,   nor  have  we  been   involved  in  any   mergers,   acquisitions   or
consolidations. Freight Management has never declared bankruptcy, has never been
in receivership, and has never been involved in any legal action or proceedings.

PLAN OF OPERATION

The following discussion of the plan of operation,  financial condition, results
of  operations,  cash flows and  changes in  financial  position  of our Company
should be read in  conjunction  with our most recent  financial  statements  and
notes  appearing  elsewhere in this Form 10-Q; and our S-1 A/2 filed on February
25, 2008.

We are a  development  stage  company with very limited  operations  to date, no
revenue,  very limited financial  backing and few assets.  Our plan of operation
over the next 12 months is to  complete  development,  testing  and  market  our
intelligent  online system which we have named FRINFO,  and make it available to
business owners,  freight forwarders,  and any other users requiring  logistical
and planning tools and information for the shipping/freight industry

Our overall goal is to become a recognized  market  leader in providing  online,
customized planning and logistical solutions in the  freight/shipping  business.
In order to achieve this goal, we have established the following objectives over
the next 12 months:

     *    Commence with the  development  of our website and brand  development.
          The first phase of website development will include online information
          on our company background, our business, management team overview, and
          email submission for any investor or general queries.
     *    The second phase includes the  development and  implementation  of our
          FRINFO  intelligent  online  database.  This will  include our planned
          smart  knowledge  center,  which will be  designed to provide the most
          suitable solution and advice in response to a customer query.

                                       13
<PAGE>
     *    Develop  and  execute a  sustainable  and  persuasive  marketing  plan
          focused  on  shipping  &  trade   affiliates/associations   and  other
          potential users of our service.
     *    Achieve our first revenues within 11-12 months.

During the first stages of our company's growth, our officers and directors will
be responsible for executing the business plan at no charge.  Since we intend to
operate with very limited  administrative  support,  the officers and  directors
will continue to be responsible for  administering  the company for at least the
first  year of  operations.  Management  has no  intention  at this time to hire
additional  employees  during  the  first  year of  operations.  Due to  limited
financial  resources,  each of the management team will dedicate between 25 - 30
hours per week, to ensure all operations are executed.

Our first quarter budget (January -March,  2008) was originally disclosed in our
S-1 as follows:

Description                                                               Q1
-----------                                                             -------
Legal/Accounting *                                                      $ 1,500
Transfer Agent *                                                          1,500

Corporate Collateral Design                                               1,000
Printing of Collateral                                                      700
Website Design                                                            4,000
Telephone *                                                                 300

Contractors (Application Development - $1,000 monthly per contractor)     2,000
Office Rental *                                                             450
Office Supplies & Miscellaneous *                                         1,000
                                                                        -------
TOTAL                                                                   $12,450
                                                                        =======

Please  refer  to  the  budget  above.  In  addition  to  corporate  maintenance
expenditures (noted with an `*') we planned the following major activities:

     *    Develop and implement our initial website
     *    Identify and hire a software contactor to develop FRINFO
     *    Initiate our software development activities
     *    Initiate the development of our corporate and marketing collateral

We completed and launched our website early in the first quarter.  We also hired
a third  party  developer  in  March  for  FRINFO.  Mr.  Abotaleb  was  directly
responsible  for this  process  and  selected a firm in Egypt.  Egypt was chosen
given  proximity  to  himself.  The company has  experience  in web  application
development using popular programming languages.  During the second quarter, Mr.
Abotaleb  plans to work directly with the  contractor on system  specifications,
proposed  application  requirements  and the design of the application to handle
the needs. This process is expected to be an ongoing interactive process for the
next several months.

We also hired a graphic  design  contractor in late February to design our logo,
business cards, letterhead,  stationary,  etc. The task was completed on budget.
Mr. Abotaleb  managed this process for the company.  We have not yet sent any of
these  materials  out for print  and plan to delay  this  activity  until we are
closer to completing FRINFO.

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<PAGE>
RESULTS OF OPERATIONS

Our company posted losses of $25,296 for the first quarter ended March 31, 2008.
Comparisons are not meaningful as our company was  incorporated on September 17,
2007. From inception to March 31, 2008 we have incurred  losses of $26,872.  The
principal  component  of our losses for the three  months  ended  March 31, 2008
included general and administrative  costs of $17,413,  database and application
development  costs of $7,550 and  amortization  of our  website  of $333.  First
quarter  administrative  expenses include costs for our registration  statement,
which is under budget to date.

LIQUIDITY AND CASH RESOURCES

At March 31,  2008,  we had  working  capital of $30,572  compared to $55,535 at
December 31, 2007.  We opened the first  quarter with $60,208 in cash. As of the
date  hereof,  we have  approximately  $32,550.  We  presently  have a  budgeted
shortfall for our 12 month plan of operations of approximately $40,000.

Because we have not generated any revenue from our business, and we are at least
11-12 months away from being in a position to generate revenues, we will need to
raise additional funds for the future development of our business and to respond
to unanticipated  requirements or expenses. We believe our current cash balances
will be extinguished  by the third quarter of 2008,  provided we do not have any
unanticipated  expenses. We do not currently have any arrangements for financing
and we can  provide  no  assurance  to  investors  we will be able to find  such
financing. There can be no assurance that additional financing will be available
to us,  or on terms  that are  acceptable.  Consequently,  we may not be able to
proceed  with our  intended  business  plans or  complete  the  development  and
commercialization of our product.

If we fail to generate sufficient net revenues, we will need to raise additional
capital  to  continue  our  operations  thereafter.  We  cannot  guarantee  that
additional  funding  will be  available  on  favorable  terms,  if at  all.  Any
shortfall will effect our ability to expand or even continue our operations.  We
cannot  guarantee that additional  funding will be available on favorable terms,
if at all.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Our business is not  currently  subject to market  risk.  All of our business is
currently conducted in US dollars,  which is our functional currency. We have no
debt and are not subject to any interest rate risk.

ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF EFFECTIVENESS OF DISCLOSURE CONTROLS AND PROCEDURES

As  required  by Rule  13a-15  under the 1934 Act,  as of the end of the  period
covered by this quarterly report, being the fiscal quarter ended March 31, 2008,
we have  carried  out an  evaluation  of the  effectiveness  of the  design  and
operation of our disclosure controls and procedures. This evaluation was carried
out  under  the  supervision  and  with  the  participation  of our  management,
including our Chief Executive  Officer and Chief Financial  Officer.  Based upon
the results of that evaluation,  our Chief Executive Officer and Chief Financial
Officer  have  concluded  that,  as of the  end of the  period  covered  by this
quarterly  report,  our disclosure  controls and  procedures  were effective and
provide reasonable assurance that material information related to our company is
recorded, processed and reported in a timely manner.

Our management,  with the participation of our Chief Executive Officer and Chief
Financial  Officer,  is  responsible  for the design of internal  controls  over
financial  reporting.  The fundamental  issue is to ensure all  transactions are
properly authorized and identified and entered into a well-designed,  robust and
clearly  understood  system on a timely  basis to minimize  risk of  inaccuracy,
failure to fairly reflect  transactions,  failure to fairly record  transactions
necessary to present  financial  statements  in accordance  with the U.S.  GAAP,
unauthorized  receipts and  expenditures  or the inability to provide  assurance

                                       15
<PAGE>
that  unauthorized  acquisitions or dispositions of assets can be detected.  The
small size of our company makes the  identification  and  authorization  process
relatively  simple and efficient and a process for reviewing  internal  controls
over financial  reporting has been  developed.  To the extent possible given our
company's small size, the internal control  procedures provide for separation of
duties for handling,  approving and coding invoices,  entering transactions into
the accounts,  writing checks and requests for wire  transfers.  As of March 31,
2008, our Chief Executive  Officer and Chief Financial Officer conclude that our
system of internal  controls is adequate and comparable to those of issuers of a
similar  size and  nature.  There were no  significant  changes to our  internal
controls or in other  factors that could  significantly  affect  these  controls
during the most recent quarter ended March 31, 2008,  including any  significant
deficiencies  or material  weaknesses  of internal  controls  that would require
corrective action.

MANAGEMENT'S REPORT ON INTERNAL CONTROLS OVER FINANCIAL REPORTING

Management is responsible for  establishing  and maintaining  adequate  internal
control  over our  financial  reporting.  Our system of  internal  control  over
financial  reporting is designed to provide reasonable  assurance  regarding the
reliability of financial  reporting and the preparation of financial  statements
for external purposes in accordance with the U.S. GAAP.  Because of its inherent
limitations, internal control over financial reporting may not prevent or detect
misstatements.  Also,  projections of any evaluation of  effectiveness to future
periods are subject to the risk that controls may become  inadequate  because of
changes in  conditions,  or that the degree of  compliance  with the policies or
procedures may deteriorate.

INHERENT LIMITATIONS OF INTERNAL CONTROLS

Our internal control over financial  reporting is designed to provide reasonable
assurance  regarding the reliability of financial  reporting and the preparation
of financial  statements for external purposes in accordance with the U.S. GAAP.
Our internal  control  over  financial  reporting  includes  those  policies and
procedures that:

     *    pertain to the  maintenance  of records that,  in  reasonable  detail,
          accurately and fairly reflect the transactions and dispositions of our
          assets;
     *    provide  reasonable   assurance  that  transactions  are  recorded  as
          necessary to permit preparation of financial  statements in accordance
          with the U.S. GAAP, and that our receipts and  expenditures  are being
          made only in accordance  with  authorizations  of our  management  and
          directors; and
     *    provide reasonable  assurance regarding prevention or timely detection
          of  unauthorized  acquisition,  use, or disposition of our assets that
          could have a material effect on the financial statements.

Management does not expect that our internal controls will prevent or detect all
errors  and all  fraud.  A control  system,  no  matter  how well  designed  and
operated,  can  provide  only  reasonable,  not  absolute,  assurance  that  the
objectives  of the  control  system  are met.  Further,  the design of a control
system  must  reflect  the fact that  there are  resource  constraints,  and the
benefits of controls must be considered relative to their costs.  Because of the
inherent  limitations in all control systems, no evaluation of internal controls
can provide  absolute  assurance that all control issues and instances of fraud,
if any,  have been  detected.  Also,  any  evaluation  of the  effectiveness  of
controls in future periods are subject to the risk that those internal  controls
may become  inadequate  because of changes in business  conditions,  or that the
degree of compliance with the policies or procedures may deteriorate.

                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

                                       16
<PAGE>
ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5. OTHER INFORMATION

On March 6, 2008 the SEC  declared  our  registration  statement on Form S-1 A/2
effective,  which  registered  1,060,000  common  shares for  resale  held by 39
non-affiliated investors..

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Pursuant to Rule 601 of Regulation  SK, the following  exhibits are included
herein or incorporated by reference.

  Exhibit
  Number                                Description
  ------                                -----------
    3.1        Articles of Incorporation*
    3.2        By-laws*
   31.1        Certification of CEO Pursuant to 18 U.S.C. ss. 1350, Section 302
   31.2        Certification  of CFO Pursuant to 18 U.S.C. ss. 1350, Section 302
   32.1        Certification  Pursuant  to 18 U.S.C.  ss.1350,  Section 906
   32.2        Certification  Pursuant  to 18 U.S.C.  ss. 1350, Section 906


(b) Reports on Form 8-K

None.

                                       17
<PAGE>
                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned,  thereunto duly  authorized,  on this 8th day of May,
2008.

                               FREIGHT MANAGEMENT CORP.


Date: May 8, 2008              By: /s/ Ibrahim Abotaleb
                                  ----------------------------------------------
                               Name:  Ibrahim Abotaleb
                               Title: President/CEO, principal executive officer


Date: May 8, 2008              By: /s/ Gerald Lewis
                                  ----------------------------------------------
                               Name:  Gerald Lewis
                               Title: Secretary Treasurer, Principal Financial
                                      and Accounting Officer

                                       18