Nuvocargo Acquires Merge Transportation

MODE Transportation Acquires Avenger Logistics

February 25, 2021

Logistics & Distribution

MODE Transportation (Dallas-based 3PL) has acquired Avenger Logistics, a Chattanooga-based freight brokerage. Financial terms were not disclosed; Avenger will continue operating under its brand with President Jason Roberts leading MODE's enterprise operations as the business is integrated into MODE's platform.

Nuvocargo Acquires Mentum to Accelerate AI Agent Roadmap

October 30, 2025

AI & Machine Learning

Nuvocargo has acquired Mentum, a Y Combinator–backed AI agents startup, to accelerate integration of agent-driven automation into NuvoOS. The Mentum team, including founder Gustavo Trigos, will join Nuvocargo's R&D organization to enhance AI capabilities across procurement, quoting, and supply‑chain workflows; terms were not disclosed.

Harbor Logistics (NOVA Infrastructure) Acquires ATS Logistics

January 5, 2023

Logistics & Distribution

Harbor Logistics, a Charleston-based platform backed by NOVA Infrastructure, has acquired ATS Logistics, a leading drayage and warehousing provider at the Port of Charleston. The deal integrates ATS' asset-based fleet and warehouse (including the port's Centralized Examination Station) into Harbor Logistics to expand port-centric transportation and warehousing capabilities in the Charleston market.

Sheer Logistics Acquires CargoBarn

April 2, 2024

Logistics & Distribution

Sheer Logistics has acquired tech-enabled 3PL and freight brokerage CargoBarn to deepen its 3PL/managed transportation and freight brokerage capabilities. The deal expands Sheer's geographic footprint (adding CargoBarn offices in Fresno, Atlanta, Dallas and Jacksonville) and strengthens its ability to offer managed services and brokerage specialty lanes; terms were not disclosed.

Hub Group Acquires Choptank Transport

October 20, 2021

Transportation

Hub Group (Nasdaq: HUBG) acquired Choptank Transport, a non-asset refrigerated third-party logistics provider based in Preston, Maryland, for $130 million in cash. The deal expands Hub Group's refrigerated and brokerage capabilities, adds Choptank's technology platform and ~400 employees, and advances Hub's cold-chain strategy to better serve customers across food and retail supply chains.

ShipX Acquires Princeton Logistics Group and TriStar Carriers

May 26, 2022

Transportation

ShipX has acquired Princeton Logistics Group and its subsidiary TriStar Carriers to expand beyond final-mile parcel delivery into first- and middle-mile trucking and broader e-commerce transportation services across North America. The deal brings trucking, middle-mile capacity and local sortation capabilities into ShipX’s tech-enabled delivery platform to offer end-to-end e-commerce shipping solutions.