InvestorNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Selected by Bayer as ‘Key Logistics Provider’

September 12, 2024 10:20:00

Freight Technologies (NASDAQ: FRGT), a logistics-management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, has been selected by Bayer CropScience LP, a division of Bayer AG, as a key logistics provider for its upcoming 2025 season. After FRGT submitted a Request for Proposal (“RFP”), its Fr8App solution was awarded six essential cross-border lanes to provide truckload services for Bayer’s business units located throughout the United States.

“This bid award from Bayer is an important milestone for Fr8App, reflecting the strength of our technology and the trust major global brands place in our ability to execute complex cross-border logistics,” said Fr8Tech CEO Javier Selgas in the press release. “We are honored to be part of Bayer’s strategy for optimizing supply chain efficiency, and we are committed to exceeding their expectations in the 2025 season and beyond.”

To view the full press release, visit https://ibn.fm/7phli

About Freight Technologies Inc. 

Freight Technologies is a technology company offering a diverse portfolio of proprietary platform solutions powered by artificial intelligence (“AI”) and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the company’s portfolio of solutions includes the the Fr8Appplatform for seamless over-the-road (“OTR”) business-to-business (“B2B”) cross-border shipping across the United States-Mexico-Canada Agreement (“USMCA”) region; Fr8Now, a specialized service for less-than-truckload (“LTL”) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide. Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management and committed capacity solutions. The company is headquartered in Houston, Texas. For more information about the company, please visit www.FR8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN