Business
Freight App, Inc. Launches New Carrier Reporting Offering
Providing tax and reporting requirements for transportation companies in Mexico NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Hudson Capital Inc. (NASDAQ: HUSN)
About this update from Freight Technologies, Inc.
[{"type":"text","content":"Providing tax and reporting requirements for transportation companies in Mexico\nNEW YORK, Dec. 08, 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 merger agreement, has launched a new offering to address tax and reporting requirements related to Carta Porte for transportation companies in Mexico. Javier Selgas, CEO of Fr8App, said, “As a leader in the transportation technology, Fr8App delivers solutions that improve the efficiency and profitability of our carrier and shipper partners. This new reporting offering is particularly helpful to carriers since 80% of them are owner-operators who do not have dedicated IT services in their companies. As recent changes in Carta Porte added complexity to tax and reporting requirements for transportation companies in Mexico, Fr8App quickly developed a solution to address the new requirements. We are proud to support our customers and will continue to add services as well as increase our value propositions to deepen our relationships with our customers.” 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 technologies such as live pricing and real-time tracking. About Hudson Capital Inc.Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. The traditional business segments include commercial payment advisory, intermediary bank loan advisory and international corporate financing advisory services which help clients to meet their commercial payment and investment needs. For more information, about Hu...