Strategic deal strengthens global freight forwarder's position in technology logistics market
ITASCA, Ill.--BUSINESS WIRE--
AIT Worldwide Logistics, a leading provider of global supply chain solutions, is proud to announce 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.
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Fennelly noted that Krupp manages shipments across multiple U.S. and international air, ocean and road lanes for a broad range of customers, shipping nearly 2.5 million kilograms of freight each year.
Previously an independent contractor with SEKO Logistics, Krupp brings more than 26 years of industry experience to the AIT network. The acquisition includes a 115,000-square-foot office and warehouse in Earth City, Missouri, a fleet of more than 60 over-the-road and local trucks, and a veteran staff of nearly 100 teammates.
Scott Krupp, who founded the company bearing his name, will stay on with the business as City Director.
"Our team has always been about going the extra mile for our customers," Krupp said. "Joining AIT allows us to maintain our ambitious spirit while gaining access to enhanced organizational structure, streamlined processes, and broader opportunities for teammates. There's no better home for us than AIT, and we're excited to build a strong future as key members of this world-class organization."
Terms of the acquisition have not been disclosed.
About AIT Worldwide Logistics
