Business
Freight Technologies, Inc. Expands Business Relationship with Amazon Mexico
Fr8App selected for Amazon’s cross-border operations HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), (“Fr8Tech”), a
About this update from Freight Technologies, Inc.
[{"type":"text","content":"Fr8App selected for Amazon’s cross-border operations\nHOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), (“Fr8Tech”), a technology driven logistics company powered by its proprietary AI and machine learning Fr8App platform that uniquely provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, today announces the expansion of its relationship with Amazon Mexico to include cross-border logistics operations. As a result of the expansion, Fr8App now provides dual logistic services for Amazon Mexico. As announced in December 2023, Fr8App was selected for the second consecutive year to help manage the logistics needs of Amazon’s high-demand season within Mexico. Fr8App’s role has now been expanded to include U.S.-Mexico, cross-border shipping. Fr8Tech’s CEO Javier Selgas stated: “We are honored to further strengthen our business relationship with Amazon Mexico and to broaden our scope of service. This expansion squarely fits within Fr8Tech's long-term vision of becoming a leading logistics partner in North America and speaks volumes about the confidence being placed in Fr8App’s capabilities and our commitment to delivering solutions to corporations of all sizes.” This development emphasizes Fr8App's expanding impact in the logistics sector and illustrates the critical need for smooth cross-border operations within the USMCA region. By utilizing advanced technology and creative solutions, Fr8App is ideally placed to address the rising demands of international logistics, providing efficiency and dependability for its clients. The company's continuous investment in technology and infrastructure reinforces its ability to offer superior service, which is essential in meeting the complex logistics needs of major global corporations like Amazon. About Freight Technologies Inc. Freight Technologies (Fr8Tech, Nasdaq: FRGT) 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 pr...