Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that FreightHub, Inc. (Fr8Hub), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, completed its Google Cloud integration, enhancing its big data analytics capabilities, strengthening its data security and increasing its operational efficiency.
“With Google Cloud we are now centrally managing all aspects of our industry leading logistics technology platform,” stated Javier Selgas, CEO of Fr8Hub. “We will also be able to innovate faster and on a more cost-effective basis, further enhancing our ability to deliver for existing and potential customers technologies such as live pricing and real-time tracking, which help them compete most effectively in the marketplace. With supply chains today under increasing pressure due to capacity constraints, the potential value-add we can provide to all of the customers on our platform is that much more appealing.”
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Hudson Capital and its directors and executive officers may be deemed participants in the solicitation of proxies from Hudson Capital’s shareholders with respect to the merger. A list of the names of those directors and executive officers and a description of their interests in Hudson Capital are included in the prospectus/proxy statement for the proposed merger and are available at www.sec.gov. Additional information regarding the interests of such participants will be contained in the prospectus/proxy statement for the proposed merger when available. Information about Hudson Capital’s directors and executive officers and their ownership of ordinary shares of Hudson Capital is set forth in Hudson Capital’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on June 15, 2020. These documents can be obtained free of charge from the sources indicated above.
Fr8Hub and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Hudson Capital in connection with the proposed merger. A list of the names of such directors and executive officers and information regarding their interests in the proposed merger are included in the prospectus/proxy statement for the proposed merger, and are available at www.sec.gov.
