Freight Technologies Announces Updates to its Board of Directors

Core Insights - Freight Technologies, Inc. has appointed two new independent Board directors, Leilei Nie and Andres Gonzalez, effective February 14, 2025, following the resignations of Paul Freudenthaler and William Samuels [1][2] - The resignations of Freudenthaler and Samuels were not due to any disputes with the Company or the Board, and Freudenthaler will continue to serve as secretary of the Board [1][2] Summary of New Board Members - Leilei Nie brings over 17 years of experience in financial services and fintech, having held significant roles at X Star Technology, Fidelity Fund Management, and Accenture, among others [3] - Andres Gonzalez has served as CEO of Futura Reserva and has extensive experience in real estate project development, having managed projects valued over $1 billion during his tenure at Capital Natural [4] Company Overview - Freight Technologies, Inc. (Nasdaq: FRGT) is a logistics management innovation company that offers a diverse portfolio of technology-driven solutions aimed at optimizing and automating the supply chain [5] - The company's solutions include the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and various other services designed to enhance operational efficiency through advanced technologies [6]