Privately held North American logistics provider NFI Industries has acquired United Express, a US freight brokerage company. The purchase of United Express expands NFI’s brokerage offering in the mid-Atlantic and south eastern regions of the US.
“We are excited for Brian and the team at United Express to join our NFI family. Acquisitions like these allow us to expand our service offerings and serve new customers across the supply chain,” said Sid Brown, NFI CEO. “We will continue to look for strategic acquisitions that bolt on new service offerings and expand our footprint. We constantly look to strengthen NFI’s position in the marketplace by creating value for our customers through seamless supply chain solutions.”
“Our family owned business, with a long history of a customer centric culture, is excited to join NFI,” said United Express owner Brian Reich. “NFI’s culture aligns with that of United Express and we feel this will be a seamless transition for our employees.”
Over the last five years NFI’s domestic brokerage and global freighting groups have experienced growth. The brokerage team supports companies in industries including retail, food, beverage, apparel, and consumer packaged goods. It has a carrier base of over 20,000.
“We feel the United Express acquisition will benefit and expand NFI’s growing brokerage business,” said David Broering, NFI Senior Vice President of Integrated Solutions. “We look forward to continue growing with United’s current customer base and provide the same level of superior service into the future.”
Source: NFI International