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NFI acquires CAI Logistics

Deal expands NFI’s services, enhances brokerage, intermodal, and global freight forwarding capabilities throughout North America.

DC Velocity Staff
By DC Velocity StaffAug 17, 2020
DC Velocity Staff
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Third-party logistics (3PL) services provider NFI has acquired CAI Logistics, the non-asset logistics division of CAI International, Inc., the company said today. 

The deal expands Camden, N.J.-based NFI’s suite of supply chain services, specifically enhancing its brokerage, intermodal, and global freight forwarding capabilities across North America. CAI Logistics generates more than $100 million in annual revenue and will boost NFI’s non-asset logistics business to $500 million in annual revenue, making up 20% of NFI’s total revenue of roughly $2.5 billion, NFI officials said.

NFI is an asset and non-asset intermodal provider focused on growth via acquisition. The CAI deal is the firm’s 20th acquisition since 2000.

ArticleTransportation 3PLSC Services
nficai logistics
ArticleTransportation 3PLSC Services
nficai logistics

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