NFI Enhances Supply Chain Capabilities with Acquisition of CalCartage

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Cherry Hill, NJ

NFI, one of North America’s largest supply chain solutions providers, has announced its acquisition of California Cartage and its affiliated companies. With the acquisition of CalCartage, NFI expands its port drayage, transloading, deconsolidation, customs examination, and warehousing solutions.

CalCartage is the premier U.S. port logistics provider serving many of the largest companies in the country. With its roots in Long Beach, California, the company has operated at the country’s busiest ports for more than 70 years. Many leading retailers, manufacturers, and steamship lines rely on CalCartage to provide best-in-class port and distribution services.

The acquisition creates the largest family-owned, vertically integrated 3PL in North America with top 10 service offerings in dedicated transportation, distribution, and drayage. Bringing together two well-respected, industry veterans, the combined company is expected to generate approximately $2 billion in annual revenue in 2018. With a significant presence at nearly every major U.S. port, the acquisition enables NFI to service shippers in the seamless transition of goods from import to port to final destination in North America.

“I am excited to welcome CalCartage’s employees and customers to our NFI family,” said NFI CEO, Sid Brown. “Together, we will expand our capabilities, better connect our domestic and international platforms, and create true end-to-end solutions. With our employees’ collective expertise and shared commitment to exceptional customer service, NFI becomes a supply chain powerhouse that can deliver value at a new level to our blue chip customer base.”

“NFI is a perfect cultural fit for the CalCartage family and is why we sought them out since the beginning,” said Bob Curry, Sr., CalCartage owner and Chairman. “Our people have built up this company over its long history, and NFI is an ideal organization to grow with and provide more opportunities for our employees, independent contractor partners, and customers.”

The acquisition expands NFI’s North American distribution footprint to 41.5 million square feet, a portfolio that consists of warehousing, e-commerce, automated, cross-dock, transloading, and customs examination facilities. In addition, NFI’s dedicated transportation and drayage network grows to nearly 4,000 tractors and its brokerage and transportation management capacity to nearly 30,000 carrier partners. With CalCartage’s expertise, NFI can provide heightened specialization in the retail, e-commerce, footwear, and apparel sectors.

Recognized as a best workplace, NFI now employs nearly 10,000 associates throughout its more than 250 offices, warehouses, and transportation locations. Continually expanding its suite of supply chain solutions over its 85 year history, the addition of CalCartage further reinforces NFI’s position as a best-in-class provider of global supply chain solutions.

About NFI

NFI is a fully-integrated North American supply chain solutions provider headquartered in Camden, New Jersey. Privately held by the Brown family since 1932, the company generates more than $3.6 billion in annual revenue and employs over 17,250 associates. NFI owns and operates over 70 million square feet of warehouse space alongside a dedicated fleet of 4,900 tractors and 13,700 trailers. NFI’s relentless innovation and unparalleled service deliver logistics solutions that transform the way business gets done. The company’s business lines include dedicated transportation, warehousing and distribution, eCommerce fulfillment, brokerage, transportation management, port drayage, intermodal, global logistics, and industrial real estate. In addition, NFI’s venture capital group, NFI Ventures, invests and strategically partners with early-stage companies that seek to innovate and disrupt the supply chain and logistics industry. For more information, visit nfiventures.com. For more information about NFI, visit http://www.nfiindustries.com or call 1-877-NFI-3777.