Freight App, Inc. Launches New Carrier Reporting Offering

| December 8, 2021

Providing tax and reporting requirements for transportation companies in Mexico

Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that Freight App, Inc. (Fr8App), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a merger agreement, has launched a new offering to address tax and reporting requirements related to Carta Porte for transportation companies in Mexico.

Javier Selgas, CEO of Fr8App, said, “As a leader in the transportation technology, Fr8App delivers solutions that improve the efficiency and profitability of our carrier and shipper partners. This new reporting offering is particularly helpful to carriers since 80% of them are owner-operators who do not have dedicated IT services in their companies. As recent changes in Carta Porte added complexity to tax and reporting requirements for transportation companies in Mexico, Fr8App quickly developed a solution to address the new requirements. We are proud to support our customers and will continue to add services as well as increase our value propositions to deepen our relationships with our customers.”

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