FreightHub, Inc. Welcomes Luisa Irene Lopez as Chief Operating Officer

Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced 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, appointed Luisa Irene Lopez as its new Chief Operating Officer, effective August 2, 2021. Lopez will report to Javier Selgas, Fr8Hub’s Chief Executive Officer, and will be responsible for overall business strategy, operations, customer service, and strategic vendor oversight.

“Luisa is a seasoned and trusted leader in the freight industry who has a proven track record leading operational excellence and has established a network of operators throughout North America,” stated Selgas. “With her extensive international experience and network, we believe she will help with aggressively expanding our capacity and revenue growth across our footprint, tracking and improving productivity throughout our operations and just as important, designing processes that are both innovative and flexible.”

““I’m thrilled to join Fr8Hub and its leadership team at such a pivotal time in the company’s growth journey,” stated Lopez. “Fr8Hub, through its innovative digital freight marketplace, uniquely trained and motivated sales force, and expanding carrier network, is well positioned to be a leader in truckload freight for domestic and cross-border markets in Mexico, the US and Canada. I am honored to join Fr8Hub to help the team build a world-class operation and help the team further accelerate the company’s growth.”

Lopez joins Fr8Hub from Landstar where, as a Business Unit Director for nearly four years, she was responsible for commercial and client development strategies, business lines and profitability maximization for the Mexican market. Prior to Landstar, from 2015 to 2017 Lopez was at Traxion, a leader in the Mexico transportation industry, where she managed more than 2,000 transport units, guaranteeing attainment of profitability, efficiency, and performance indicators. In total, she has more than 25 years’ experience through executive roles in logistics, supply chain, operations, and customer service.

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.

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, February 8, 2021, May 18, 2021 and June 22, 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.