FreightHub, Inc. Enhances Its Transportation Logistics Technology Platform

Open API (automated protocol interchange) developed and ready to connect

DI Distribution Center, Inc. API integration completed, expanding relationships with key trade partners in the cross-border ecosystem

NEW YORK, December 9, 2020 (GLOBE NEWSWIRE) — 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, has enhanced its technology platform by adding an API integration with DI Distribution Center, Inc. (DI), a top-tier warehouse facility located in Nuevo Laredo, Mexico by offering an open API.

Having a functional API is a critical element that enables Fr8Hub to provide seamless integration with some of the major transportation companies in North America. The integration with DI automates and streamlines the transloading process triggering status updates on Fr8Hub’s transportation logistics platform upon carrier arrival at distribution centers and transload completion. This process standardization builds upon Fr8Hub’s existing API integrations and trade partners in the freight transportation market. Fr8Hub’s current API integrations include marketplace automatic updates upon load assignment with the largest truckload freight marketplace in North America as well as carrier onboarding and insurance compliance, simplifying data management for a leader in transportation compliance monitoring.

“Technology, innovation and service are our principal assets,” stated Javier Selgas, CEO of Fr8Hub. “Fr8Hub is committed to offering to our clients and partners full transparency into all key freight transportation metrics, real-time tracking data and increased efficiencies in the marketplace, all within a secure cloud-based environment. Through our API integrations, we have built an integrated all-in-one logistics platform that exemplifies how our technology will drive productivity, attract clients and fuel growth. With our newly-developed open API, shippers and carriers now have the ability to integrate their third-party software directly into our transportation logistics platform with great ease. We believe the direct connection with our system will give them far more freedom and strengthen their own path to growth.”

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 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.