|
NFI Industries
Cherry Hill, NJ
800-280-2922
Sidney Brown, CEO
3PL Turnover: $644m
Service Area: North America; NA locations: 48 U.S.
3PL Assets: 4,000 employees
70 warehouses
2,000 tractors; 7,200 trailers
Information Systems: Excellent
TMS - proprietary, Innovative
WMS - EXE-Exceed, Accuplus
Services: Transportation management, warehouse management, air freight forwarding, temperature controlled, consulting
Industry Focus/Key Customers: Food/beverage, consumer goods, building materials, technology, retailing
Key Customers: Anheuser Busch, Colgate-Palmolive, Georgia Pacific, Hasbro, IBM, Lowes, Mead Westvaco, Ocean Spray, Pitney Bowes
Armstrong & Associates' Evaluation: NFI is a full-service 3PL with strong operations in California, Texas and the Eastern U.S. NFI has a profitable motor carrier and financial parent. Sid Brown has put together an experienced, qualified team with solid experience in value-added warehousing and transportation management. NFI relies on Vineland Construction, an NFI sister company, for new warehouse facilities and National Distribution for established locations. NFI has a solid base and should grow quickly over the next 2-3 years.