Fr8Hub University Commences Inaugural Class

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.
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, announced the inaugural class of its Fr8Hub University started the week of February 22, 2021 at the recently expanded headquarters in Monterrey, Mexico.
“Fr8Hub University is a fundamental part of our growth strategy and leverages our extensive industry expertise and leadership to improve our sales team,” stated Michael Flinker, Fr8Hub’s President. “Our inaugural class incorporates current employees and recent hires to learn in-depth business fundamentals and applications along the truckload freight industry value chain, in addition to being indoctrinated into the Fr8Hub culture. This class, the first of several planned for 2021, is another example of Fr8Hub’s innovative ethos as company sponsored training programs are highly unusual in Mexico. We believe our investment in human capital will deliver strong returns and expect Fr8Hub University graduates to play a significant role in our organic growth this year and beyond.”
Fr8Hub is working with two universities in Monterrey to help educate recent graduates entering the workforce as it frequently difficult for them to find opportunities without previous job experience. To date, Fr8Hub has received a significant amount of interest from high-quality candidates.
Professor Gisella Augilar, who teaches supply chain management, logistics and international trade at Universidad Tecmilenio, has joined Mario Mena as a Corporate Trainer to assist leading the first class, comprised of 10 students, at Fr8Hub 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. Incorporating virtual and in-person sessions, the program will include individual and team activities and presentations as well as lectures, discussion sessions, case studies, one-on-one personal development and training and team-based assignments that Fr8Hub has developed for numerous 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 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.
