Freight Technologies Inc. Secures Contract with Kawasaki
Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company specializing in the development of innovative solutions to optimize and automate the supply chain process through its custom-developed F8App platform, proudly announces the execution of a contract with Kawasaki Motores de Mexico for cross- border logistics services.
Kawasaki Motores de Mexico, a division of Kawasaki Heavy Industries, Ltd., brings a rich legacy of 120 years of expertise in constructing cutting edge transportation systems for the 21st century. Kawasaki’s parent company’s commitment to innovation is evident in their development of technologies such as liquid natural gas (LNG) carriers, high-speed vessels, and other future-oriented marine technologies.
As part of this contract, Fr8App is currently orchestrating the cross-border logistics for Kawasaki’s iconic Jet Ski models, showcasing the platform’s adaptability and efficiency in handling diverse transportation requirements.
Daniel Ortiz, Logistic Operation Supervisor of Kawasaki de Mexico, said: “In selecting Fr8App for this contract, we are making a deliberate choice that goes beyond mere technology adoption. We believe Fr8App aligns seamlessly with our core values of innovation and efficiency. Awarding this contract signifies more than just a technological advancement; it represents a strategic leap forward in how we approach our logistics operations. Together with Fr8App, we are eager to embark on a journey towards achieving unparalleled efficiency, reliability and substantial cost reduction.”
Javier Selgas, CEO of Fr8Tech said: ”At Freight Technologies, we take immense pride not only in what we do but also in being chosen by global industries to revolutionize cross-border logistics. This contract with Kawasaki Motores de Mexico is a testament to our commitment to delivering cutting-edge solutions to a wide variety of industries. We believe that by securing a contract with Kawasaki Motores de Mexico, we also gain a chair at the table for a broader set of opportunities with many of the Kawasaki companies across North America. This strategy has served us well with other conglomerates and represents an inroad for us into additional opportunities with a large multinational conglomerate.”