Fr8Hub Launches New Product, The Broker Portal

Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced today that FreightHub, Inc. (Fr8Hub), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, launched its new product, The Broker Portal, which is now available to freight forwarders and brokers in the domestic and US-Mexico cross border shipping markets.

“Our ground-breaking Broker Portal is the first of its kind in Mexico,” stated Javier Selgas, CEO of Fr8Hub. “Fr8Hub is offering solutions to answer the systemic needs of brokers and forwarders and we are assisting companies with their day-to-day activities by providing cost-effective solutions that at the same time can improve their overall operations, as we enable the evolution to cloud-based technology platforms.

“After the successful launch of the pilot program including five Mexican-based brokers that we initiated three months ago, we are now ready to welcome onboard many others in Mexico. We are in conversations to partner with key players in the industry to be able to launch our Broker Portal in the US in the next few months.”

The Broker Portal includes:

Cost-free integration via API with a broker´s current Traffic Management System (TMS), making it an easy and seamless transition. With no login required, all will be handled automatically.

Nearly instant connection to popular load boards in the US, meaning there is no need to post the same load on multiple sites.

No integration fees, no posting fees, and no monthly subscription are needed – simply a transaction-based fee when booking is complete.

How does the Broker Portal work? Brokers will upload the load details in the Broker Portal and assign their own carriers. Fr8Hub’sTMS platform takes care of creating the paperwork, storing, and managing the information for each transaction. Furthermore, Fr8Hub’s analytics tools can provide key information to make decisions in relation to future transportation needs as well as deliver real-time accounting data.

About Hudson Capital Inc.

Incorporated in 2014, Hudson Capital Inc. (formerly known as China Internet Nationwide Financial Services Inc. (NASDAQ: HUSN)) commenced its business by providing financial advisory services to small and medium size companies. The traditional business segments include commercial payment advisory, intermediary bank loan advisory and international corporate financing advisory services which help clients to meet their commercial payment and investment needs. For more information, about Hudson Capital, please see the documents filed by Hudson Capital with the SEC at www.sec.gov.

Important Information About the Proposed Merger Transaction and Where to Find It

In connection with the proposed merger, Hudson Capital intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a Registration Statement on Form S-4 (the “Form S-4”) which was filed with the SEC on November 12, 2020, as amended on December 31, 2020 and February 8, 2021, and includes and serves as a proxy statement/prospectus for Hudson Capital’s shareholders and a prospectus for Fr8Hub’s stockholders. Promptly after the Form S-4 is declared effective by the SEC, Hudson Capital will mail the definitive proxy statement/prospectus and a proxy card to each shareholder entitled to vote at the special meeting on the merger and the other proposals set forth in the proxy statement. SHAREHOLDERS OF HUDSON CAPITAL ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE MERGER THAT HUDSON CAPITAL WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT HUDSON CAPITAL, FREIGHTHUB AND THE MERGER. The definitive proxy statement/prospectus and other relevant materials in connection with the merger (when they become available), and any other documents filed by Hudson Capital with the SEC, may be obtained free of charge at the SEC’s website (www.sec.gov).

Participants in the Solicitation

Hudson Capital and its directors and executive officers may be deemed participants in the solicitation of proxies from Hudson Capital’s shareholders with respect to the merger. A list of the names of those directors and executive officers and a description of their interests in Hudson Capital are included in the prospectus/proxy statement for the proposed merger and are available at www.sec.gov. Additional information regarding the interests of such participants will be contained in the prospectus/proxy statement for the proposed merger when available. Information about Hudson Capital’s directors and executive officers and their ownership of ordinary shares of Hudson Capital is set forth in Hudson Capital’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on June 15, 2020. These documents can be obtained free of charge from the sources indicated above.

Fr8Hub and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Hudson Capital in connection with the proposed merger. A list of the names of such directors and executive officers and information regarding their interests in the proposed merger are included in the prospectus/proxy statement for the proposed merger, and are available at www.sec.gov.