NFI, a leading supply chain solutions provider headquartered in Camden, N.J., was recently named in a Top 250 Privately Held Company for 2020 by NJBIZ. Ranked by 2019 global revenue, NFI ranked sixth, moving up one spot on the list from the previous year. NFI is a fourth-generation family-owned business and has also been named a top family-owned company by NJBIZ in previous lists.
Founded in 1932 in Vineland, N.J., NFI is one of the oldest and largest privately-held 3PLs in North America, spanning over 300 locations with 13,100 employees. The company generated more than $2.1 billion in revenue in 2019 and is on track to continue its consistent year-over-year growth. NFI continues to expand with new and existing customers and has established itself as a leader in the logistics industry through its exceptional customer service, flexible and customized solutions, and commitment to continuous improvement.
“As a privately-held company with a flat organizational structure, NFI prides itself on forming long-lasting customer relationships, something that sets us apart from publicly-held companies in the same space,” said Sid Brown, CEO of NFI. “By operating within a flat organizational structure, we are able to provide unmatched flexibility and agility to address supply chain challenges for our customers quickly and efficiently. NFI acts as a true extension of our customers’ businesses and is genuinely dedicated to helping them exceed their supply chain goals.”
In addition to organic growth, NFI has expanded its service offerings, geographical footprint, and industry expertise through acquisition, most recently acquiring CAI Logistics earlier this month. The addition of CAI Logistics enhances NFI’s non-asset solutions, including brokerage, intermodal, and global freight forwarding capabilities. The company acquired G&P Trucking Company in 2019, strengthening its transportation presence in the Southeast while the acquisition of SCR Air Services in 2018 furthered NFIs non-asset intermodal services, as well as its refrigerated capabilities. NFI’s largest acquisition to date took place in 2017, in which the addition of California Cartage Company expanded NFI’s presence at major ports and strengthened its port drayage service offerings. Further, the acquisition of Dominion Warehousing & Distribution in 2017 enhanced NFI’s Canadian solutions.
NFI supports a diverse array of customers in industries including food and beverage, consumer packaged goods, manufacturing, retail, and ecommerce. Its suite of supply chain solutions spans dedicated transportation, distribution, brokerage, transportation management, port drayage, intermodal, global logistics, and real estate.
Learn more about the list from NJBIZ here.