Freight Technologies, Inc. Enters into new Fr8Private Fleet multi-year commitment with Kimberly Clark de Mexico, S.A.B. de C.V
October 27, 2022 at 09:25 am EDT
Share
Freight Technologies Inc. announced it has received a two year commitment to from Kimberly Clark de Mexico, S.A.B. de C.V. to expand its fixed fleet product. The Company announced the launch of its Fr8Private Fleet product earlier this year. The product has been well received across Mexico, the only country where it is presently offered.
Fr8Private Fleet operates on the Company's B2B platform and commits the Company to provide, and its shipper client to pay for, a predetermined amount of load capacity over a stated period of time. Carriers that offer services via Fr8Private Fleet agree to use the Company's platform to operate all of their loads and to track the progress of their loads, which helps the Company establish itself as a critical tool for operating within that market. The Company announced that it has received a two-year commitment from Kimberly Clark de Mexico - first client of its product - when fulfilled, is estimated to more than triple its capacity in this product over the next three months.
Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.
KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. 
