Strategic deal strengthens global freight forwarder’s position in technology logistics market
USA’s AIT Worldwide Logistics, a leading provider of global supply chain solutions, has announced that it has completed an agreement to purchase Krupp Trucking’s 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.
The acquisition bolsters AIT’s strategic investment in the global logistics marketplace by aligning complementary strengths, particularly in the high-value technology logistics sector.
Powerful synergy
“We see a powerful synergy between our two organizations,” stated 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,” he added.
Previously an independent contractor with SEKO Logistics, Krupp brings more than 26 years of industry experience to the AIT network. The acquisition includes a 115,000sqft 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.
“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,” Krupp concluded.