Commercial Traffic Infrastructure Projects and Supply Chain Tech Innovations by Freight Technologies Inc. (NASDAQ: FRGT) Highlight Economic Value of Cross-border Trade

  • Houston-headquartered Freight Technologies Inc. is an AI-driven technology developer focused on supporting the commercial trucking industry through efficient and transparent operations
  • Recent discussion of cross-border traffic infrastructure projects by Mexico’s and the United States’ ambassadors underscores the importance the two nations place on their mutual trade infrastructure
  • Freight Technologies’ Fr8App B2B marketplace helps improve communications between carriers and shippers so they can more efficiently match loads and avoid empty miles
  • The company is reporting new record quarterly revenue and expects improving market conditions as the nation continues to rebound from COVID’s economic effects

When Mexico’s ambassador to the United States Esteban Moctezuma outlined the country’s aspirations for the expansion of two binational commercial transport corridors between the countries at August’s U.S.-Mexico Border Environmental Forum, he underscored the importance the nations’ governments place on the role commercial trucks play in sustaining their economies.

The Otay Mesa East-Otay II project south of San Diego, Calif., recently began construction and will create a new crossing that includes five lanes for passenger vehicles and five for cargo transport. The Laredo 4/5 bridge connecting Laredo, Texas with Nuevo Laredo, Mexico is still in the planning stages but would be…

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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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