Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, is partnering with a leading transportation company in Mexico: Majoba Logistics. Fr8App is onboarding MAJOBA Logistics with an eye on expanding transportation capacity for its private fleet service. According to the announcement, Majoba Logistics’ fleet of vehicles will be added to the Fr8App platform in a move that provides a wider range of transportation options as well as more efficient and cost-effective services to customers. With headquarters in Leon, Guanajuato, Majoba Logistics is focused on innovation in the freight trucking service. Its expert team has broad experience in the space and is committed to seeking evolution with ideas that revolutionize distribution and logistics for the complete satisfaction of customers. “We are very happy to partner with Majoba Logistics,” said Fr8App CEO Javier Selgas in the press release. “Their commitment to providing high-quality and dedicated logistics services aligns perfectly with our mission to revolutionize the transportation industry. Together, we will be able to provide an even wider range of options and services to our customers. We started offering our Fr8Fleet (private fleet) product last year and look forward to more than doubling its size this year. We are elated to have one of the leading innovative freight companies in Mexico, join our platform with the view to helping grow the traffic in our Fr8Fleet offering.”
To view the full press release, visit https://ibn.fm/GYRzZ
About Freight Technologies Inc.
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the USMCA region powered by artificial intelligence (“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 process of international over-the-road (“OTR”) 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. For more information about the company, please visit www.FR8Technologies.com.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.