AIT makes largest purchase in its history

United States-based AIT Worldwide Logistics has announced it’s acquired Global Transport Solutions Group (GTS), an international freight forwarder specialising in time-critical marine spare parts logistics.

Headquartered in the Netherlands, GTS and its more than 600 employees across 16 locations serve 2,000 ports around the world. The GTS network also includes nine consolidation hubs totalling more than 45,000 square metres of warehouse space.

“I’d like to welcome our new GTS teammates to the global AIT network,” said AIT Chairman and Chief Executive Officer, Vaughn Moore. “This is the largest acquisition in our company’s history and GTS’ marine spare parts business is an excellent complement to AIT’s time-critical supply chain solutions.”

The company’s business is divided into two sub-brands: Marinetrans offering ‘door-to-deck’ spare parts logistics for ship owners and managers, and Best Global Logistics, providing time-critical solutions and general forwarding for other industries, including life sciences shippers.

AIT Chief Business Officer, Greg Weigel, said the acquisition provides the company with new geographic presence in Greece, Japan and the Nordic region, while adding significant capacity and subject matter expertise to existing AIT networks in China, the Netherlands and Singapore.

“We plan to rapidly invest and expand GTS’ North American operations by capitalising on AIT’s robust salesforce in the United States and offering maritime customers a world-class spare parts logistics solution in every port,” he said.

AIT President and Chief Operating Officer, Keith Tholan, said that the GTS core values – customer first, operational excellence, and partnership and collaboration – closely mirror AIT’s core values.

“We are delighted to welcome GTS teammates to AIT,” Tholan said. “Their deep marine logistics expertise and three decades of proven on-time performance in a very demanding segment will complement the diverse solutions we offer across our vertical sector strategy.”

According to GTS co-CEO John Burgstra, the acquisition is an opportunity for GTS to further expand their worldwide operations.

“We aim to provide our clients an unrivalled experience when it comes to global visibility, transparency and on-time performance, fully unburdening them of the required logistical handling of their vessels’ spare parts,” he said.

GTS will gain benefits from leveraging the global AIT infrastructure, creating an even more integrated and seamless solution for clients around the world, added GTS co-CEO, Vegard Prytz.

In other news, Clarion Events has selected Kuehne+Nagel as its official global logistics partner on a long-term contract.

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