Freight Technologies (NASDAQ: FRGT), a technology-driven logistics company powered by its proprietary artificial intelligence (โAIโ) and machine learningย Fr8Appย platform has been selected by Amazon Mexico (Amazon.com Inc. (NASDAQ: AMZN)ย again for its logistical solutions. Fr8App uniquely provides a real-time portal for business-to-business (โB2Bโ) cross-border shipping and domestic shipping within the United States, Mexico, and Canada (โUSMCAโ) region. According to the announcement, Amazon Mexico has chosen Fr8App for the second year in a row to support and assist with navigating the logistic complexities of the high-demand season. The company reported that more than 670 cargo loads have been moved between Amazon distribution centers using Fr8App, solidifying the platformโs pivotal role in providing a seamless โflow of goodsโ across the country for Amazon. โOur commitment to meeting customerโs needs and our continuous platform improvements have led to this exciting opportunity,โ said Freight Technologies CEO Javier Selgas in the press release. โAmazonโs decision to choose Fr8App during their high-demand season validates our capabilities and positions us as the go-to logistics solution for B2B, cross-border and domestic shipping within the USMCA region. Weโre excited to work for a prominent market leader like Amazon, and weโre confident in our ability to meet their stringent standards throughout the year as they continue to expand.โ
To view the full press release, visitย https://ibn.fm/v1sFX
About Freight Technologies Inc.ย
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App Inc. (โFr8Appโ), is a business-to-business, cross-border shipping marketplace in the USMC region powered by artificial intelligence (โAIโ) 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 (โOTRโ) 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. The company is headquartered in Houston, Texas. For more information about the company, please visitย www.FR8Technologies.com.
NOTE TO INVESTORS:ย The latest news and updates relating to FRGT are available in the companyโs newsroom atย https://ibn.fm/FRGT
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