NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Samsung Mexico SDS Contract Award
Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process as well as providing a platform for B2B cross-border shipping in the NAFTA region, has been awarded a contract with Samsung Mexico in regard to its SDS business. According to the announcement, FRGT has already started to use its platform to assist with shipments from Mexico to the United States. Fr8App delivers cross-border capacity “during a difficult market when others have not been able to do so,” said a Samsung Mexico official, who noted that the company has more than 100 trucks going from Mexico to the United States every week. Fr8App provides ongoing administrative support of the logistics of those US-Mexico border shipments and eliminates the need for paper tracking, addressing a key piece of the company’s commitment to develop sustainable practices. Samsung Mexico SDS (formerly Samsung Data Systems) is a subsidiary of Samsung’s Group. The company has been leading the digital transformation and innovation of the industry for more than three decades and has operations in some 40 countries. “Samsung, one of the world’s largest producers of electronic devices, selected Fr8App to ship from Mexico cross border to the United States, which we believe validates the Fr8App platform,” said Fr8Tech CEO Javier Selgas in the press release. “We believe this is just the beginning of many great things to come.”
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Freight Technologies (NASDAQ: FRGT), a technology company developing solutions to optimize and automate the supply chain process as well as providing a platform for B2B cross-border shipping in the NAFTA region, has been awarded a contract with Samsung Mexico in regard to its SDS business. According to the announcement, FRGT has already started to use its platform to assist with shipments from Mexico to the United States. Fr8App delivers cross-border capacity “during a difficult market when others have not been able to do so,” said a Samsung Mexico official, who noted that the company has more than 100 trucks going from Mexico to the United States every week. Fr8App provides ongoing administrative support of the logistics of those US-Mexico border shipments and eliminates the need for paper tracking, addressing a key piece of the company’s commitment to develop sustainable practices. Samsung Mexico SDS (formerly Samsung Data Systems) is a subsidiary of Samsung’s Group. The company has been leading the digital transformation and innovation of the industry for more than three decades and has operations in some 40 countries. “Samsung, one of the world’s largest producers of electronic devices, selected Fr8App to ship from Mexico cross border to the United States, which we believe validates the Fr8App platform,” said Fr8Tech CEO Javier Selgas in the press release. “We believe this is just the beginning of many great things to come.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
