CAMDEN, N.J. 10/10/2022 – NFI, a leading provider of North American supply chain solutions, announced today that it has acquired MCO Transport, Inc, a provider of port service solutions in the southeastern United States. With the acquisition, NFI expands its port solutions and export drayage services with locations in the growing regions of Wilmington, NC, Norfolk, VA, Charleston, SC, Savannah, GA, and Atlanta, GA.
Established in 1976, MCO Transport is a family-owned business specializing in container drayage services and headquartered in Wilmington, North Carolina. Alongside its container drayage offerings, the company operates a wide array of transportation and warehousing solutions including domestic truckload and specialized commodities between its strategically positioned terminals in the Southeast ports. The addition of MCO Transport enhances NFI’s network in the Southeast and enhances the offering to new and existing customers.
“When we look at an acquisition we look at three things: their people, culture, and if the expansion brings value to our customers,” said Sid Brown, CEO of NFI. “With the MCO acquisition, we are getting exactly that. We are excited to welcome the MCO team to the NFI family and know they will play a key role in the future success of NFI. The acquisition also allows us to bring value to our customers by expanding our presence in the Southeast during a time when our customers are looking to diversify their port strategy.
“Throughout this process, our team wanted to ensure we found a buyer that would create opportunities for our employees and our customers. It is a culture that matched what MCO has grown to expect,” said Danny McComas, owner and CEO of MCO. “NFI is a great fit for MCO employees because of our similar cultures — they are a family-owned business, dedicated to their employees’ growth, and have a deep commitment to their customers.”
Since its acquisition of California Cartage Company in 2017, NFI has become a leader in the port drayage space, providing capacity to its customers through most major port terminals in the United States and Canada. The company’s acquisition of G&P in late 2019 solidified NFI’s position within the Southeast as the transportation, cross-border, and port drayage expert in the region. In 2021, the company inked a deal with the Georgia Ports Authority to operate a new transload and cross-docking facility in Savannah, GA, opening in 2023. With the acquisition, NFI adds to its additional facility openings in Norfolk, VA, Suffolk, VA, and Houston, TX, also slated to go live through the end of 2023.Visit nfiindustries.com to learn more about NFI’s full suite of supply chain solutions.
NFI is a fully-integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since 1932, the company generates more than $3.9 billion in annual revenue and employs over 16,000 associates. NFI owns and operates more than 70 million square feet of warehouse space alongside a dedicated fleet of 5,170 tractors and 13,275 trailers. By 2023, NFI will operate the first 100% zero-emission drayage fleet, leading the transition to zero-emission goods movement in the United States. 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. For more information about NFI, visit www.nfiindustries.com or call 1-877-NFI-3777.