AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking
Krupp Adds Technology Logistics Options to AIT Portfolio
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AIT Worldwide Logistics bought freight forwarder Krupp Trucking for an undisclosed sum, .
AIT ranks No. 35 on the Transport Topics Top 100 list of the largest logistics companies in North America.
Krupp specializes in the transportation of high-value goods, with AIT keen to add the company鈥檚 technology logistics sector operations to its portfolio, it said.
St. Louis-based Krupp ships around 2.5 million kilograms of freight each year across multiple U.S. and international air, ocean and road lanes.
The company was previously an independent contractor with Seko Logistics, which ranks No. 47 on the TT 100 logistics list.
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(AIT Worldwide Logistics via LinkedIn)
Itasca, Ill.-based AIT will acquire a 115,000-square-foot office and warehouse in Earth City, Mo.; a fleet of more than 60 over-the-road and local trucks; and nearly 100 employees by taking over Krupp.
鈥淲e see a powerful synergy between our two organizations,鈥 said AIT Chief Development Officer Ray Fennelly. 鈥淭his partnership combines AIT鈥檚 vast global network and vigorous governance with Krupp鈥檚 high-quality service and logistics solutions.鈥
鈥淭ogether, we鈥檙e well positioned to elevate the customer experience, especially when it comes to providing white glove logistics services for the high-tech industry. We鈥檙e thrilled to welcome the Krupp team to the AIT network,鈥 he added.
Scott Krupp, who founded the company bearing his name, will stay on with AIT with the title of city director.
鈥淥ur team has always been about going the extra mile for our customers,鈥 Krupp said. 鈥淛oining AIT allows us to maintain our ambitious spirit while gaining access to enhanced organizational structure, streamlined processes and broader opportunities for teammates. There鈥檚 no better home for us than AIT, and we鈥檙e excited to build a strong future as key members of this world-class organization.鈥
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