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Freight Technologies (FRGT) Secures Win with Bayer

September 11, 2024 9:16 AM EDT

Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced its selection 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 essential cross-border lanes 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 advance 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 goals of supplier consolidation, cost optimization, cross-divisional synergies, and enhanced carrier performance. Aligned with Bayer’s mission, Fr8App’s role will focus on facilitating seamless and secure transportation across the US-Mexico border, ensuring timely and reliable delivery of Bayer’s agricultural products.

“This Bid Award from Bayer is an important milestone for Fr8App, reflecting the strength of our technology and the trust major global brands place in our ability to execute complex cross-border logistics,” said Javier Selgas, CEO of Fr8Tech. “We are honored to be part of Bayer’s strategy for optimizing supply chain efficiency, and we are committed to exceeding their expectations in the 2025 season and beyond.”



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