Business
Freight App, Inc. Launches EDI Interface 2.0
Now Includes Financial Transactions NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that Freight
About this update from Freight Technologies, Inc.
[{"type":"text","content":"Now Includes Financial Transactions\nNEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that Freight App, Inc. (Fr8App), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, has expanded the features of the Electronic Data Interchange (EDI) interface announced earlier this year, to now include financial transactions in addition to logistics data. Javier Selgas, CEO of Fr8App, said, “After the successful launch of our EDI interface in July of this year, we continued to develop EDI technology and we now have the capability to exchange financial information in addition to logistics information with our customers. We already have the new EDI Interface 2.0 connected and working with one of the largest carriers in the U.S. licensed to work in Mexico, demonstrating the attractiveness of this next evolution of our EDI interface.” EDI Interface 2.0EDI is a system or method for exchanging business documents with business partners, such as suppliers, customers, carriers, 3PLs, or other supply chain participants. Many of the large companies that rely on a variety of supply chain industry participants to address their logistics needs carry out their operations with the EDI standard being a key tool to help standardize communications and data, thereby making the process significantly more efficient. These companies can only be serviced by EDI-capable counterparties and their suppliers must communicate via EDI. Fr8App’s EDI Interface 2.0 enables the needed communication of financial transactions and invoice information between the company’s clients and providers via EDI, through Fr8App’s online platform. About Freight App, Inc.Freight App, Inc. (Fr8App), formerly known as FreightHub, Inc., makes shipping simple, transparent, and efficient. A transportation logistics technology platform company, Fr8App focuses on truckload freight for domestic and cross-border markets in Mexico, the US and Canada. As an innovative digital freight marketplace, broker, transportation management system (TMS) and public API, Fr8App uses its proprietary technology platform to connect carriers and shippers that significantly improves matching and operation efficiency via innovative techn...