The company claims that its customs brokerage product helps companies clear customs faster by 33% and saves up to 20% in customs fees. In March 2026, Nuvocargo launched Nuvo AI, an AI-native freight execution engine designed to help manufacturers and retailers. The platform consolidates fragmented logistics operations and addresses the underdigitalized cross-border freight market between the US and Mexico, a market increasingly attractive due to nearshoring trends.
Cyborg Score Rationale
Nuvocargo has achieved growing revenues >25% month over month since beginning operations in late 2019. The company has been ranked #30 on Deloitte's 2025 Technology Fast 50 list. The company combines strong investor backing, AI-driven product innovation, and strategic acquisitions positioning it well for continued growth in a large, underpenetrated market.
Top Insights
Nuvocargo has entered into agreements to acquire Mentum and Merge Transportation, demonstrating expansion through M&A to enhance AI capabilities and service offerings
As of January 2024, Nuvocargo started expanding to serve all major US-Mexico border crossings after previously operating around one major crossing
The company was founded in 2019 by Deepak Chhugani and has 100 employees based in New York City
Nuvocargo has been recognized in Y Combinator's Top Companies 2022 and as #2 Most Innovative Company in Latin America by Fast Company
Named Competitors
Flexport — Digital freight forwarding and supply chain solutions for air, ocean, and trucking
DHL — Global freight forwarding, customs brokerage, and logistics services
Shippabo — Logistics management and freight forwarding platform
Forto — Digital freight forwarding and logistics platform
GlobalTranz — Logistics and freight brokerage services
Recent Developments
(October 2025) Acquired Mentum to enhance AI agent capabilities
(April 2025) Acquired Merge Transportation, a South Carolina-based 3PL provider
(March 2026) Launched Nuvo AI, an AI-native freight execution engine for North American shippers
Open the full interactive Nuvocargo Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.