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InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT), Fr8App Platform Looks to Expand Capabilities, Gain Expertise by Joining AMACARGA
July 26, 2023

InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT), Fr8App Platform Looks to Expand Capabilities, Gain Expertise by Joining AMACARGA

Freight Technologies (NASDAQ: FRGT), a leading technology company developing innovative solutions powered by AI and machine learning to optimize and automate the supply chain process, and Fr8App, its industry-leading freight-matching platform, have joined the Mexican Association of Cargo Agents (“AMACARGA”). According to the announcement, the move will help further expand Fr8App’s capabilities to include maritime services in addition to its legacy freight offerings and will assist the company in its commitment to gain exceptional expertise and adherence to industry standards. FRGT is adapting its revolutionary Fr8App platform to integrate with marine shipping operations, especially clients importing from Asia, by offering a streamlined, efficient solution to meet the needs of Less-Than-Truckload (“LTL”) shipments. The largest association of cargo agents in Mexico, AMACARGA has built a reputation for its authoritative voice among Mexican and international chambers, associations and authorities. “We are excited to join AMACARGA, a prestigious institution in the field of cargo agents,” said Fr8Tech CEO Javier Selgas in the press release. “This membership will help us expand the footprint of offerings to our clients and validate our continuous efforts to revolutionize the logistics industry and underscore our unwavering commitment to delivering cutting-edge solutions to our clients. We remain dedicated to pushing the boundaries of innovation and providing exceptional service, consistently exceeding the expectations of our valued customers.”

To view the full press release, visit https://ibn.fm/bTDx4

About Freight Technologies Inc.

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the USMCA region powered by artificial intelligence (“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. For more information about the company, please visit www.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

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