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Freight Technologies Awarded Logistics Contract by Leading Global Toy Industry Brand
FRGTFr8Tech(FRGT) GlobeNewswire·2025-01-08 14:00

Company Announcement - Freight Technologies Inc (Fr8Tech) has signed a new logistics services contract with a leading global toy industry brand [1] - The contract will ensure secure and timely transport of the client's products throughout the Mexican market [2] - The Fr8App platform has been providing over-the-road (OTR) logistics services across key shipment lanes in Mexico, particularly during peak seasonal demand periods [2] CEO Statement - Javier Selgas, CEO of Fr8Tech, stated that the contract serves as a validation of the Fr8App platform's ability to innovate and sustain logistics support in the global marketplace [3] - The company is proud to collaborate with the market leader and looks forward to continuing the relationship [3] Company Overview - Freight Technologies Inc (Fr8Tech) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process [3] - The company's portfolio includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region, Fr8Now for less-than-truckload (LTL) shipping, Fr8Fleet for dedicated capacity service in Mexico, and Waavely for efficient ocean freight booking and management [3] - The company's solutions are interconnected within a unified platform to connect carriers and shippers, improving matching and operation efficiency through innovative technologies such as live pricing, real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions [3] - The company is headquartered in Houston, Texas [3]