Freight Technologies Bags Contract with Kawasaki
Portfolio Pulse from Benzinga Newsdesk
Freight Technologies, Inc. (NASDAQ:FRGT), also known as Fr8Tech, has secured a contract with Kawasaki Motores de Mexico for cross-border logistics services using its F8App platform. The contract involves the transportation of Kawasaki's Jet Ski models, highlighting Fr8Tech's capability to manage diverse transportation needs.
January 16, 2024 | 11:31 am
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Freight Technologies, Inc. has announced a new contract with Kawasaki Motores de Mexico to provide cross-border logistics services for Jet Ski models through its F8App platform.
The announcement of a new contract with a division of Kawasaki Heavy Industries is a strong positive development for Freight Technologies, indicating potential revenue growth and increased utilization of its F8App platform. This news is likely to be viewed favorably by investors and could lead to a short-term increase in FRGT's stock price.
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