Freight Technologies Inc. (NASDAQ: FRGT) Grows its Product Offering; Looks to Reinforce Business Relationships in Mexico with Scheduled CFDI 4.0 Launch
- Freight Technologies Inc., often abbreviated as Fr8Tech, has seen the introduction of a unique solutions suite designed to optimize and automate the supply chain process and provide a platform for B2B cross-border shipping in the NAFTA region
- Hudson Capital Inc. acquired 100% of Freight App, Inc. as a wholly owned subsidiary on February 14, 2022, and Fr8App (a “DBA” for Freight App, Inc.) is not only a DBA name, it is their core marketplace (a service or platform under the Freight Technologies umbrella) (https://ibn.fm/mZnwe)
- Fr8App, the company’s flagship product and platform for cross-border shipping, offers a cloud-based marketplace that simplifies the once-complex process of organizing and optimizing international over-the-road (“OTR”) shipping
- Fr8Tech just announced that its wholly owned Mexican subsidiary is on schedule to automate the alignment of its Fr8App platform with Mexico’s CFDI 4.0, a new standard for digital tax receipts that will become mandatory in January 2023
- Through innovation, Fr8Tech is lowering the barrier of entry into tech solutions in the cross-border shipping space, allowing shippers to enjoy flexibility, visibility, and simplicity, and carriers to achieve increased growth opportunities
The Fr8App platform for cross-border shipping, allows Freight Technologies (NASDAQ: FRGT) (Fr8Tech) to offer a cloud-based marketplace that simplifies the once-complex process of international over-the-road (“OTR”) cross-border shipping, promising shippers quick and safe cross-border shipments while streamlining daily carrier operations (https://ibn.fm/Scn3d). The platform functions just as well for domestic, intra-country operations in each of the countries of the United States of America, Mexico or Canada.
Because of this and the other offerings in the Fr8Tech solutions suite, including but not limited to Fr8Radar, Fr8TMS, and Fr8FMS, the company has come to be known for developing solutions to optimize and automate the supply chain process, offering a powerful platform for…
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
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