AIT Worldwide Logistics announces that it has completed an agreement to purchase Krupp Trucking LLC’s (“Krupp”) business. Effective Jan. 1, 2025, the St. Louis-based freight forwarder specializing in the transportation of high-value goods, transferred all its assets and teammates to AIT and commenced operations as the AIT-St. Louis office.
“We see a powerful synergy between our two organizations,” says AIT’s chief development officer, Ray Fennelly. “This partnership combines AIT’s vast global network and vigorous governance with Krupp’s high-quality service and logistics solutions. Together, we’re well positioned to elevate the customer experience, especially when it comes to providing white glove logistics services for the high-tech industry. We’re thrilled to welcome the Krupp team to the AIT network.”
Key Takeaways:
- The acquisition bolsters AIT’s strategic investment in the global logistics marketplace by aligning complementary strengths, particularly in the high-value technology logistics sector.
