Freight Technologies (NASDAQ: FRGT) Grows Client Portfolio with Grupo Solave Contract

April 26, 2024 09:42:07
  • Fr8Tech, a tech company on a mission to revolutionize cross-border shipping, has announced its appointment as a logistics solutions provider for Grupo Solave, a leader in the Blue Agave market
  • This increases a growing list of clients, including Amazon and Envases Universales, among others, adding to the company’s biggest year yet
  • With the Tequila industry expected to grow by approximately 6% per annum, Fr8Tech expects to capitalize on this growth and support Solave with the logistic requirements that come with it

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company on a mission to revolutionize cross-border shipping, under the USMCA agreement, by offering carriers and shippers flexibility, visibility, and simplicity, just announced its appointment as a logistics solutions provider for cross-border operations by Grupo Solave. This marks a healthy addition to Fr8Tech’s growing client portfolio, which comprises Amazon and Envases Universales, among others (https://ibn.fm/oW153).

Fr8Tech will provide logistics solutions to Solave, ultimately playing an integral role in bringing its products closer to customers. As a leader in the Tequila space and a key player in the Blue Agave market, Solave is poised to reap big in an industry set to grow by approximately 6% per annum over the…

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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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