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Temporary railroad shutdowns in December 2023 stranded nearly 10,000 rail cars on both sides of the U.S. and Mexico border with embargoed goods on over 60 trains With disruptions to cross-border trade on the rise, companies are seeking more reliable ways to organize, facilitate, and monitor their cross-border shipments Fr8Tech, a tech company on a mission to revolutionize cross-border shipping, has positioned itself as the go-to brand for such services through its Fr8App system Fr8App seamlessly connects shippers with carriers and drivers, and offers comprehensive real-time tracking, fleet management, live pricing, and transportation management
The ongoing migrant crisis has exposed the downsides of reliance on America's railroad network ( ). Two international railway crossing bridges in Texas were temporarily shut down in December 2023 following a reported surge in smuggling of migrants through Mexico by train.
The shutdown stranded nearly 10,000 rail cars on both sides of the border, with goods embargoed on over 60 trains every day of the closure ( ).
Situations like these have highlighted the value of a reliable and dependable way to organize, facilitate, and monitor cross-border shipments, especially within the USMCA (United States-Mexico-Canada Agreement) region. Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company that is...
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