Together, we will expand our capabilities, better connect our domestic and international platforms, and create true end-to-end solutions.
Cherry Hill, N.J. (PRWEB)
October 02, 2017
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…