NFI Industries Market Research Report

Company Overview

Name and Mission

• Name: NFI Industries

• Mission: To provide end-to-end supply chain solutions through a commitment to innovation and excellence while prioritizing service to their employees and communities.

Founding Details

• Founded: 1932

• Founders: No information is available

Key People

• Bill Mahoney: Chief Commercial Officer (CCO) and Executive Vice President (EVP)

• Brian Webb: President of Port Services Division

Headquartered Location

• Location: TRIAD1828 Centre, 2 Cooper Street, Camden, NJ 08102, USA

Number of Employees

• Employees: Over 18,000 associates

Revenue

• Annual Revenue: More than $3.5 billion

Core Competency

• Known For: NFI Industries is one of the top North American supply chain solutions providers known for its comprehensive suite of services like dedicated transportation, warehousing and distribution, eCommerce fulfillment, brokerage, transportation management, port drayage, intermodal, global logistics, and industrial real estate.

Products

Portfolio of Products and Services

• Dedicated Transportation: Offers customized transportation solutions that align with business needs.

• Warehousing and Distribution: Provides over 71 million square feet of warehouse space, tailored to different industries such as manufacturing, retail, and CPG.

• eCommerce Fulfillment: Specializes in direct-to-consumer fulfillment solutions.

• Brokerage Services: Recently enhanced by acquiring the brokerage business of Transfix.

• Transportation Management: Provides comprehensive transportation management services.

• Port Drayage and Intermodal Solutions: Facilitates efficient movement of goods via ports and rail.

• Global Logistics: Offers international logistics and supply chain solutions.

• Industrial Real Estate: Involved in investment and development in industrial properties through NFI Ventures.

Recent Developments

Key Developments

• Acquisition of Transfix's Brokerage Business Unit: Enhancing their brokerage services.

• Spin Master's Supply Chain Solutions: Strengthening efforts with new facilities in Olive Branch, Mississippi.

• Sustainability Initiatives: Deployment of zero-emission electric trucks in California as part of the Joint Electric Truck Scaling Initiative (JETSI).

• Awards and Recognition:

• Forbes recognition as one of the "Best Employers for Women" and "Best Employers for Diversity."

• Awarded Quaker’s Carrier of the Year and BISSELL Supplier Summit Award.

New Products and Features

• No new product launches: The report does not specify any new specific product launches.

Partnerships

• Long-term Partnership with Spin Master: Continued collaboration in supply chain enhancements.

• Sustainability Partnerships: Involvement with projects like Volvo LIGHTS and Daimler Innovation Fleet for deploying electric transportation units.

This report provides a detailed overview of NFI Industries' current operational status, service offerings, and recent strategic moves, emphasizing their dedication to sustainability, innovation, and supply chain excellence.