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Freight Technologies, Inc. Awarded Samsung Mexico SDS Contract

| July 27, 2022

Cross Border and Paper Free Capabilities Continue to Create Advantages

Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech), a technology company developing solutions to optimize and automate the supply chain process as well as providing its Fr8App platform for B2B cross-border shipping in the NAFTA region, was awarded Samsung Mexico SDS business and has begun using its platform to assist with effecting Samsung’s shipments from Mexico to the United States.

Esteban Park of Samsung Mexico SDS, said, “Fr8App has delivered cross border capacity during a difficult market when others have not been able to do so. We have well over 100 trucks per week going from Mexico to the United States, and the Fr8App offerings will help us with the ongoing administration of our logistics across the US-Mexico border. The reliability and convenience of its mobile app has been amplified by the fact Fr8App eliminates the need for paper tracking, which aligns with our ongoing commitment to developing sustainable practices. We are very pleased with Fr8App’s service.”

Javier Selgas, CEO of Fr8Tech, said, “Samsung, one of the world’s largest producers of electronic devices, selected Fr8App to ship from Mexico cross border to the United States, which we believe validates the Fr8App platform. We believe this is just the beginning of many great things to come.”

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