10:54 AM EST, 01/13/2025 (MT Newswires) -- Freight Technologies ( FRGT ) said Monday it renewed a logistics services contract with Kimberly-Clark's ( KMB ) Mexico unit to extend the deal for an additional two years.

Financial terms of the contract extension were not disclosed.

Freight Technologies ( FRGT ) said the collaboration with Kimberly-Clark ( KMB ) de Mexico started in 2022 and covers dedicated capacity, over-the-road spot for domestic shipments in Mexico and over-the-road spot for US-Mexico cross-border shipments.

Shares of Freight Technologies ( FRGT ) were down 18% in recent trading.

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