New York-based logistics company Nuvocargo launched Nuvo AI, an AI-native freight execution engine designed to help manufacturers, retailers, and distributors manage truckload freight across the United States, Mexico, and Canada.
“This is our biggest launch to date, and it’s the culmination of years and years of work,” said Deepak Chhugani, founder and CEO.
Founded in 2019, Nuvocargo offers freight brokerage, customs brokerage, and managed transportation solutions for shippers moving goods across the U.S.-Mexico-Canada corridor.
Nuvo AI can reduce freight costs by 7% to 20%, depending on shipper size. Savings come from automating manual logistics work, consolidating supply chain software, and improving carrier pricing. The platform works with a shipper’s existing carrier and broker relationships and provides access to Nuvocargo’s network of more than 300,000 carriers.
Nuvocargo has managed more than 100,000 loads across domestic and cross-border shipments.
Read more on Yahoo Finance