NASHVILLE, Tenn.--(BUSINESS WIRE)--Mar. 28, 2017--
Today, EFS
– a WEX Company, a leader in fleet payment solutions, announced the
implementation of its fleet payment system with leading
supply chain solutions provider, NFI. The offering provides NFI with
the newest technology and payment automation platform in the market
today.
Headquartered in Cherry Hill, N.J., NFI moved its fuel payments business
to EFS because of its leading technology and unique approach in
partnering with fleets. The EFS platform is driving innovation for the
industry in an area that is often cumbersome to manage. “With a
dedicated fleet that spans more than 2,200 tractors across North
America, ultimately, we wanted a strategic partner with the highest
level of customer service that created a new way of doing business,”
said Ike Brown, Vice Chairman and President for NFI. “EFS’ unique
integration approach and real-time reporting environment helped us
identify efficiencies in our network,” said Brown.
NFI is leveraging EFS’ fuel card which allows for real-time integration
into its existing transportation management system. NFI is also
utilizing EFS’ fuel tax solution, fuel management solution, purchasing
control solution and its terminal fuel solution.
“We are honored that NFI chose to move to the EFS platform and look
forward to working together to design customized solutions for their
business,” said Scott Phillips, General Manager of EFS. “As a technology
leader, we are committed to meeting our customers’ business needs as
they are helping shape how we approach payments in our industry.”
About NFI
NFI is a fully integrated supply
chain solutions provider headquartered in Cherry Hill, N.J.
Privately held by the Brown family since its inception in 1932, NFI
generates more than $1.3 billion in annual revenue and employs more than
8,300 associates. NFI owns facilities globally and operates more than 31
million square feet of warehouse and distribution space. Its
company-owned fleet consists of over 2,200 tractors and 8,300 trailers,
operated by more than 2,600 company drivers and 325 owner operators. Its
business lines include dedicated transportation, warehousing,
intermodal, brokerage, transportation management, global logistics, and
real estate services. For more information about NFI, visit www.nfiindustries.com
or call 1-877-NFI-3777.
About EFS – a WEX Company
EFS – a WEX Company (EFS) is a leading provider of innovative and
customized corporate payment technology solutions designed specifically
to help our customers drive efficiencies and improve bottom line
performance. Serving the industry for 50 years, EFS brings unparalleled
service, customer-driven innovation, and leading technologies to make
the industry better. Our portfolio includes a suite of corporate and
private-label purchasing cards; innovative cardless technology
solutions; payroll solutions; money transfer solutions; back-office AP
and expense management solutions; and intelligent, real-time analytics
to make payments smarter. Led by industry experts, EFS maintains our
commitment to bettering the industry by developing new technology to
deliver smarter payments, providing our customers with better financial
controls.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983, WEX
has expanded the scope of its business into a multi-channel provider of
corporate payment solutions representing approximately 10 million
vehicles and offering exceptional payment security and control across a
wide spectrum of business sectors. WEX serves a global set of customers
and partners through its operations around the world, with offices in
the United States, Australia, New Zealand, Brazil, the United Kingdom,
Italy, France, Germany, Norway and Singapore. WEX and its subsidiaries
employ more than 2,700 associates. The company has been publicly traded
since 2005, and is listed on the New York Stock Exchange under the
ticker symbol “WEX.” For more information, visit www.wexinc.com
and follow WEX on Twitter at @WEXIncNews.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170328005045/en/
Source: WEX Inc.
EFS Media Contact:
EFS – a WEX Company
Kellie Jones,
615-777-4613
kellie.jones@efsllc.com