FreightHub, Inc. Launches Fr8Hub University

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, is inaugurating Fr8Hub University, which will be led by Mario Mena, a truckload-freight technology training veteran.

“Through our Fr8Hub University, current and prospective employees will become sales, operations or customer service experts steeped in the Fr8Hub culture through an extremely comprehensive training of our market-leading transportation logistics platform,” stated Michael Flinker, Fr8Hub’s President. “Leading the program will be Mario Mena, who brings to Fr8Hub and the classroom, best-practice training and industry expertise, including his leadership of the widely acclaimed training program at a nationally recognized transportation logistics company. Additionally, his bilingual abilities and cross-cultural knowledge will be a huge asset in educating our North American employees.”

Mena stated, “I am excited to join Fr8Hub, as I believe its platform, which leverages innovative, proprietary technology and significant industry expertise, is well positioned to capitalize on the evolving dynamics and long-term growth of domestic and cross-border truckload freight markets in Mexico, the US and Canada. During my tenure at Coyote Logistics, a major transportation logistics company, business grew dramatically. I am eager to apply my very specific capabilities and experience to launch the Fr8Hub University, which we expect will accelerate Fr8Hub’s organic growth.”

Mario Mena

Mena is a highly skilled corporate educator with expertise in delivering virtual and in-person training that focuses on software usage as well as collaborating with multiple departments to analyze feedback and fulfill training needs. While at Coyote Logistics, LLC, a major international logistics company, Mena worked with the then industry leading new-hire training program as well as served as a carrier sales national account manager.

Mena holds both a Bachelor of Science and a Master of Social Work from Florida State University.

Fr8Hub University

The six-week program consists of classroom and on-the-job training. Designed around an extensive list of topics, it will deliver in-depth business fundamentals and applications along the truckload freight industry value chain. Initially virtual, the program is designed to incorporate individual and team activities and presentations. It will include lecture and discussion sessions, case studies, one-on-one personal development and training and team-based assignments that Fr8Hub has developed for each topic.

About FreightHub, Inc.

FreightHub, Inc. (Fr8Hub) makes shipping simple, transparent, and efficient. A transportation logistics platform company, Fr8Hub focuses on truckload freight for domestic and cross-border markets in Mexico, the US and Canada. As an innovative digital freight marketplace, broker, transportation management system (TMS) and public API, Fr8Hub uses its proprietary technology platform to connect carriers and shippers that significantly improves matching and operation efficiency via innovative technologies such as live pricing and real-time tracking.

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 on November 12, 2020, and an amendment filed on December 31, 2020 with the SEC, 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.