AIT Worldwide Logistics acquires Miami freight forwarder

GSDMIA will fold operations into existing AIT office

AIT Worldwide Logistics acquires another forwarder. (Photo: Jim Allen/FreightWaves)

Global freight forwarder AIT Worldwide Logistics announced Tuesday it has acquired Miami-based forwarder GSDMIA Inc. The deal is expected to bolster AIT’s trade lanes between Asia, Europe, Latin America and the U.S.

GSDMIA specializes in arranging air and ocean transportation of commercial HVAC equipment, cryptocurrency data servers and cosmetics. It had been operating as an independent contractor for another freight forwarder.

GSDMIA’s operations will fold into an existing AIT office in Miami, with its co-founders, Wenzel Lewinsky and Joao Rios, becoming sales manager and station manager, respectively.

Financial terms of the deal were not disclosed.

“AIT is a great fit, not only for our operation but, more importantly, for our customers,” said Lewinsky in a news release. “We’re looking forward to leveraging AIT’s expansive global network and delivering even more efficient, high-quality solutions.”

AIT acquired freight forwarder Krupp Trucking and its more than 60-truck fleet in January.

Chicago-based AIT has over 150 locations across Asia, Europe, the Middle East and North America.

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.