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Stock impact report

Fr8App Awarded Key Routes with Envases Universales

Freight Technologies, Inc. - Ordinary Shares (FRGT) 
Company Research Source: GlobeNewswire
HOUSTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is proud to announce a significant collaboration with Envases Universales, one of the largest packaging companies worldwide. Fr8App was awarded key routes through Envases’ annual 2024 RFQ, underscoring Fr8App’s commitment to delivering exceptional transportation services and its capability to meet the evolving needs of its clients. Over the next twelve months, the awards are estimated to be valued at more than $5 million and encompass 24 dedicated lanes, mostly from Mexico to the United States, showcasing Fr8App’s extensive network and ability to manage cross-border logistics efficiently. Over the duration of the commitment, Fr8App, through its advanced technology and experienced team, will be re Show less Read more
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