Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning, announced that it has been awarded a contract with Whirlpool Mexico; the contract is for domestic logistics shipping services. Freight Technologies’ Fr8App offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The announcement noted that Whirlpool Corporation (NYSE: WHR) is focused on being the best global kitchen and laundry company and is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, which includes Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit, Yummly and InSinkErator. A Whirlpool official noted that the company was looking for new strategic solutions such as Fr8App to link its commitment to sustainable practices by eliminating the use of paper tracking. “Fr8App’s commitment to innovative logistics solutions has been recognized with a major milestone — securing participation on our platform by one of the world’s largest home appliance manufacturers, Whirlpool,” said Fr8Tech CEO Javier Selgas in the press release. “This significant accomplishment reinforces our position as a trusted logistics partner and paves the way for a promising future with a key industry player. Our team is dedicated to delivering high-quality services supported by the best technologies and that prioritize efficiency and sustainability for all of our clients. We look forward to continuing to exceed their expectations.”
To view the full press release, visit https://ibn.fm/Y4Z9P
About Freight Technologies Inc.
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the USMCA region powered by artificial intelligence (“AI”) and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers, and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management and committed capacity solutions. For more information about the company, please visit www.FR8Technologies.com.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
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