(RTTNews) - Freight Technologies, Inc. (FRGT),a company in logistics management and technology-driven solutions, Monday announced the renewal of its logistics services contract with Kimberly-Clark de México, S.A.B. de C.V. The renewed agreement extends the partnership for an additional two years and will cover the transportation of products and goods across Mexico.
This renewal builds on a successful collaboration that began in 2022. Since the start of the partnership, Fr8Tech and Kimberly-Clark de México have seen consistent growth, with significant year-over-year increases in over-the-road (OTR) load capacity and expanded service offerings. This continued relationship underscores the value Freight Tech brings to Kimberly-Clark's supply chain operations in Mexico.
Under the extended agreement, Freight Technologies will keep providing logistics services to ensure smooth delivery of Kimberly-Clark's products.
FRGT is currently trading at $1.30 down 21.09 percent or $0.35 on the Nasdaq.
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