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Fr8App Selected by Grupo Solave for Cross-Border Logistics Services

Empowering Seamless Logistics for Solave’s Global Reach

Este comunicado se publicó en inglés y se reproduce sin traducir. Es una divulgación de una emisora listada en Nasdaq: el texto en inglés es el documento de referencia, y una traducción sin carácter oficial diría menos, no más.

Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, announces its appointment as Solave’s logistics solutions provider for cross-border operations.

Solave, recognized for its leadership in the Blue Agave market with achievements such as becoming a global leader in Agave Syrup production, a frontrunner in cultivating Blue Agave plants in Mexico, and a reputable Tequila producer for notable brands, aims to benefit from optimized logistics and supply chain efficiency through Fr8App’s platform.

“We are thrilled to take on the role of logistics solutions provider for Solave, applying our advanced platform and extensive network to meet their specific logistics needs,” stated Javier Selgas, CEO of Fr8App. “Tequila is one of the most popular spirits in the world, and sales are expected to grow approximately 6% annually over the coming decade. We are proud to serve the marketplace of this iconic spirit within Mexican heritage, and are positioned to support the logistic requirements of its growth.”

As part of OLEOMEX, a reputable Mexican industrial corporation with over 44 years of industry experience, Solave’s dedication to quality and sustainability resonates with Fr8App’s mission of providing reliable and forward-thinking logistics solutions.

Acerca de Freight Technologies

Freight Technologies (Nasdaq: FRGT) (“Fr8Tech”) is a technology company offering a diverse portfolio of proprietary platform solutions that incorporate AI and machine learning tools to optimize and automate aspects of the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for over-the-road (OTR) B2B cross-border shipping across the USMCA region; Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators; Fr8Radar, a GPS integration and shipment visibility module within Fleet Rocket that enables real-time tracking of in-transit freight across the U.S.-Mexico corridor; Zayren, an AI-based, pricing-prediction tool and carrier-matching platform designed specifically for cross-border and domestic OTR freight shipments across Mexico and the United States; and DODA Smart, an AI-assisted customs compliance platform to monitor, verify and trace Digital Customs Documents (DODAs) for trade operators in Mexico. Each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operational efficiency via innovative technologies such as live pricing, real-time tracking, digitization of critical documentation, brokerage support, transportation management, fleet management, and committed capacity solutions.

Declaraciones prospectivas

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections, and you should not rely on these statements as predictions of future events. These statements involve risks and uncertainties, most of which are outside the Company’s control and difficult to predict. Factors that may cause such differences are identified in the Company’s filings with the U.S. Securities and Exchange Commission. Freight Technologies cautions readers not to place undue reliance on any forward-looking statement, which speaks only as of the date made, and undertakes no obligation to update or revise any of them.

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