AIT Worldwide Logistics Acquires Krupp Trucking LLC

AIT Worldwide Logistics Acquires Select Express & Logistics

November 17, 2021

Logistics & Distribution

AIT Worldwide Logistics has agreed to acquire New York–based Select Express & Logistics, a national final-mile 3PL specializing in white-glove delivery and assembly of big and bulky goods. The deal, which is an add-on to AIT (a portfolio company of The Jordan Company), expands AIT's end-to-end import-to-door capabilities and final-mile assembly capacity; LongueVue Capital exits Select as part of the transaction.

AIT Worldwide Logistics Acquires Global Transport Solutions Group

February 1, 2024

Logistics & Distribution

AIT Worldwide Logistics has acquired Global Transport Solutions Group (GTS), a Netherlands-headquartered specialist in time-critical marine spare parts logistics. The deal brings GTS’ more than 600 teammates across 16 locations and nine consolidation hubs into AIT’s global network, adding marine spare-parts capabilities, warehouse capacity and new geographic presence in Greece, Japan and the Nordics; terms were not disclosed.

AIT Worldwide Logistics Acquires Panther Logistics

November 24, 2020

Logistics & Distribution

Chicago-based AIT Worldwide Logistics has acquired Northampton-based Panther Logistics from mid-market private equity firm LDC. The purchase, terms undisclosed, gives AIT a stronger UK presence and brings Panther's two-person home-delivery and e-commerce logistics capabilities into AIT's global footprint.

The Jordan Company Recapitalizes AIT Worldwide Logistics; Quad‑C Exits

March 17, 2021

Logistics & Distribution

The Jordan Company has agreed to recapitalize AIT Worldwide Logistics in a transaction valued at over $1.2 billion, acquiring Quad‑C Management's stake while AIT management remains significant shareholders. AIT, a Chicago‑based non‑asset‑based global freight forwarder offering air, ocean, ground and customs services, will continue to be led by President and CEO Vaughn Moore and his senior team.

AIT Worldwide Logistics Acquires Mach II Shipping Ltd

December 4, 2023

Logistics & Distribution

AIT Worldwide Logistics has acquired Mach II Shipping Ltd (Mach 2 / Pharmafreight), a U.K.-based freight forwarder specializing in life-sciences and temperature-controlled logistics. The deal includes Mach 2's Netherlands subsidiary and its global Pharmafreight partner network, enhancing AIT's cold-chain and life-sciences capabilities across Europe; terms were not disclosed.

Trimac Transportation Acquires AIP Logistics

April 27, 2023

Logistics & Distribution

Trimac Transportation acquired AIP Logistics (AIP) on April 27, adding a 52-acre bulk terminal and warehousing facility in Wapakoneta, Ohio, a fleet of 13 tractors and 119 trailers, and 450,000+ square feet of storage with indoor rail access. The deal expands Trimac’s U.S. trucking, transloading and warehousing capabilities; founder Charles (Chuck) Kantner will remain for a transitional period.