Freight Technologies (NASDAQ:FRGT) announced Nestlé Mexico’s selection of the Fr8App platform to optimize and streamline domestic logistics, marking a major expansion of technology-driven solutions within the supply chain sector.
Nestlé Mexico, a subsidiary of the globally recognized food and beverage leader, chose Fr8App to optimize the transportation of its products across Mexico.
Under a two-year agreement, Fr8App will utilize its advanced freight-matching technology to optimize shipments across multiple routes in Mexico, ensuring reliable, efficient, and cost-effective logistics solutions tailored to Nestlé’s needs. This partnership further establishes Fr8Tech as a key player in Mexico’s competitive logistics market.
“This significant achievement is the result of our ongoing dedication to safety, reliability, and proficiency across our offerings, as well as our capacity to meet the rigorous quality standards and high levels of customer service expected from respected global leaders, such as Nestlé,” stated Javier Selgas, CEO of Fr8Tech.
Price Action: FRGT shares are trading higher by 3.29% at $1.57 at the last check on Monday.
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This article Freight Technologies Secures 2-Year Deal With Nestlé Mexico To Optimize Supply Chain: Details originally appeared on Benzinga.com
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