CAMDEN, N.J., Aug. 12, 2020 /PRNewswire-PRWeb/ -- NFI, a top supply chain solutions provider, recently made the Inc. 5000 list of the fastest-growing private companies in America. Recognized for the second consecutive year, NFI ranked #4480 according to revenue growth from 2016 to 2019. NFI's annual revenue increased during this timeframe by more than 70 percent, growing from $1.2 billion in 2016 to over $2.1 billion in 2019.
Founded in 1932, NFI is one of the oldest and largest privately-held 3PLs in North America with more than 300 locations. The company is headquartered in Camden, N.J. and employs over 13,000 individuals to support its suite of supply chain solutions, which spans dedicated transportation, distribution, brokerage, transportation management, port drayage, intermodal, global logistics, and real estate. NFI continues to grow year-over-year, providing personalized and innovative logistics services for the largest companies across various industries, including food and beverage, retail, e-commerce, consumer packaged goods, and manufacturing.
Over the past 10 years, NFI has continued to grow organically by expanding its service offerings with existing customers and partnering with new customers. Contributing to the company's evolution are its exceptional customer service, flexibility in providing customized solutions, and commitment to continuous improvement. By aligning with some of the most stable and fastest-growing companies in North America, NFI continues to thrive as an industry leader. In addition to organic growth, NFI has enhanced its service offerings, geographic footprint, and industry expertise through acquisitions, most recently G&P Trucking Company in 2019 which increased the company's transportation presence in the Southeast. The acquisition of California Cartage Company in 2017 expanded NFI's presence at major ports and strengthened its port drayage service offerings. NFI also acquired SCR Air Services in 2018 and Dominion Warehousing & Distribution in 2017, furthering its customer base and geographical reach.
"NFI continues to go above and beyond to provide value for our customers through flexible solutions and unmatched service," said Sid Brown, CEO of NFI. "In addition to our exceptional customer service, NFI's firm foundation and entrepreneurial spirit enable us to continually expand what we do as an organization both organically and through acquisitions. We are grateful for all of our dedicated employees who are instrumental in providing customer success."
View the full Inc. 5000 list here.
About NFI -- NFI is a fully integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since its inception in 1932, NFI generates more than $2 billion in annual revenue and employs more than 13,000 associates. NFI owns facilities globally and operates approximately 50 million square feet of warehouse and distribution space. Its dedicated fleet consists of over 3,000 tractors and 12,500 trailers operated by 3,000 company drivers and leveraging partnerships with 400 owner operators. NFI has a significant drayage presence at nearly every major U.S. port, leveraging the services of an additional 1,500 owner operators. The company's business lines include dedicated transportation, distribution, brokerage, transportation management, port drayage, intermodal, global logistics, and real estate. For more information about NFI, visit http://www.nfiindustries.com or call 1-877-NFI-3777.
SOURCE NFI
Share this article