AIT Worldwide Logistics Acquired by DC Velocity — Logistics M&A

DC Velocity has acquired AIT Worldwide Logistics, a logistics other business in the United States, for an undisclosed amount. AIT Worldwide Logistics provides freight forwarding and logistics services, supporting air, ocean, and ground transportation for shippers across multiple industries. DC Velocity acquisitions in logistics other aim to expand supply chain and transportation capabilities, including warehousing and order fulfillment, to better serve customers in key markets. The private equity acquisition is announced, with deal terms and closing timing not disclosed, and fits DC Velocity’s broader logistics M&A strategy to grow through other acquisition opportunities.