Freight Technologies secures profit with Bayer Seite 1

Fr8App Expands Cross-Border Truckload Services with Multi-Lane Awarded by Bayer CropScience LP

HOUSTON, Sept. 11, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), an innovative logistics management company providing a diverse portfolio of technology-driven solutions that address various challenges within the supply chain ecosystem, today announced that it has been selected by Bayer CropScience LP (“Bayer”), a division of Bayer AG, as a key logistics provider for the 2025 season. Following a Request for Proposal process, Fr8App has been awarded six critical cross-border routes to provide truckload services for Bayer’s various business units in the United States.

This strategic win marks a significant step forward for Fr8Tech as it continues to expand its cross-border over-the-road (OTR) offering in the competitive logistics market. Bayer CropScience LP, a global leader in agricultural products, selected Fr8App to support its key objectives of supplier consolidation, cost optimization, cross-divisional synergies, and improved carrier performance. In line with Bayer’s mission, Fr8App’s role will focus on facilitating seamless and secure transportation across the U.S.-Mexico border, ensuring timely and reliable delivery of Bayer’s agricultural products.