Nuvocargo Acquires Merge Transportation

Nuvocargo acquired Merge Transportation, the company’s first 3PL acquisition, and giving the company a 3PL focus on intra-U.S. freight solutions.

“With the acquisition, we become a full North America logistics business now, adding intra-U.S., with Mexico and Canada,” says Deepak Chhugani, founder and CEO of Nuvocargo. “Now we have intra-U.S. brokerage with Merge Transportation. Nuvocargo is growing and has different capabilities. Merge is an awesome partnership where our customers are going to benefit from support with intra-U.S. capabilities. We believe Merge’s customers are going to benefit from their needs with Mexico and Canada cross-border.”

Key takeaways:

·        Nuvocargo is an all-in-one AI-powered platform for trade among the United States, Mexico and Canada. The company offers 3PL, 4PL, freight brokerage, customs brokerage and managed transportation solutions.

·        Merge Transportation manages about 14 employees, and provides full truckload, less-than-truckload, refrigerated, rail, air and hazmat transportation services across the United States.

·        The entire Merge team is expected to join Nuvocargo.