AIT Worldwide Logistics announces strategic partnership with Greenbriar Equity Group. AIT Worldwide Logistics Agreement supports continuity, accelerating next phase of AIT's growth plan ITASCA, Ill.-BUSINESS WIRE- Supply chain solutions leader AIT Worldwide Logistics ("AIT") has entered into a definitive agreement to partner with Greenbriar Equity Group, L.P. ("Greenbriar") in support of the global freight forwarder's next chapter of growth. Financial terms of the private transaction were not disclosed. AIT Worldwide Logistics' strategic partnership with Greenbriar Equity Group represents one of the largest private acquisitions ever in the global freight forwarding sector. The deal marks the culmination of five successful years with The Jordan Company, L.P. ("TJC"). TJC, alongside key members of AIT's executive leadership team, will remain invested in the company. Over the course of the company's relationship with TJC, AIT has dramatically expanded its global footprint, acquired 14 businesses, and increased its gross revenue by more than 300%. The agreement with Greenbriar, a Greenwich, Connecticut-based specialist investor focused on partnering with and growing market-leading companies, coincides with the initial stages of AIT's plan to achieve its cultural, financial, and quality goals by 2030. Greenbriar's investment and TJC's continuing involvement enable an accelerated growth trajectory for AIT - both organically and via acquisition - as detailed by its long-term strategy. According to AIT's Chairman and Chief Executive Officer, Vaughn Moore, the deal represents one of the largest private acquisitions ever in the global freight forwarding sector. "AIT is entering a new era with Greenbriar as the company continues to strive toward our vision to become the global logistics provider respected for delivering a world-class experience," Moore said. "With Greenbriar's support, AIT gains momentum to pursue new expansion in key global markets, including investments in talent and technology, while continuing to deliver customized supply chain solutions that meet and exceed the needs of our customers. We are still a privately held company, maintaining independence, brand identity, and continuity delivered by our proven, experienced leadership team." Greenbriar's $15+ billion in cumulative capital commitments, coupled with more than 25 years of investing in transportation and logistics firms, make it an ideal partner for AIT as the company advances its growth strategy in pursuit of its 2030 objectives. "AIT has built an exceptional global platform defined by strong leadership, operational excellence, and a deeply embedded service culture," said Greenbriar Managing Director, Michael Wang. "As global supply chains continue to evolve in complexity, we believe AIT is uniquely positioned to meet increasing demand for integrated logistics solutions across technology, life sciences, and other specialized sectors. Our goal is to support AIT's long-term growth, while preserving the entrepreneurial spirit and operational discipline that have defined the company's success. We are excited to partner with Vaughn and the entire leadership team as AIT enters its next phase of expansion." The closing of the transaction is expected to be completed before the fourth quarter of 2026, subject to customary closing conditions and other regulatory approvals. Morgan Stanley & Co. LLC acted as lead financial advisor and Harris Williams LLC also acted as financial advisor to AIT on the transaction. Womble Bond Dickinson LLP provided legal representation for AIT's executive management team. Goldman Sachs & Co. LLC and Citizens Capital Markets & Advisory acted as lead financial advisors to Greenbriar. About AIT Worldwide Logistics AIT Worldwide Logistics is a global freight forwarder that helps companies grow by expanding access to markets all over the world where they can sell and/or procure their raw materials, components and finished goods. For over 45 years, the Chicago-based supply chain solutions leader has relied on a consultative approach to build a global network and trusted partnerships in nearly every industry, including aerospace, energy, high-tech, home delivery, life sciences, marine and more. Backed by scalable, user-friendly technology, AIT's flexible business model customizes end-to-end deliveries via sea, air, road and rail - on time and on budget. With expert teammates staffing more than 150 worldwide locations in Asia, Europe, the Middle East and North America, AIT's full-service options also include customs clearance, warehouse management and white glove services. Learn more at www.aitworldwide.com. Its Mission At AIT, Connectweb provide solutions to earn its customers' trust, leveraging its products, regions and vertical markets, all backed by a high-performance culture. Contact details: MEDIA CONTACT: Matt Sanders Communications Director +1 (630) 766-8300 [email protected] AIT Worldwide Logistics, Inc. Global Headquarters Itasca, IL 60143 * Images - Greenbriar_Strategic_Partnership_business_wire.jpg AIT Worldwide Logistics' strategic partnership with Greenbriar Equity Group represents one of the largest private acquisitions ever in the global freight forwarding sector. Download - AIT_Logo_grey_fill_high-res.jpg Download

AIT Worldwide Logistics' global expansion continues with first facility in Indonesia. ITASCA, Ill. - As part of its ongoing organic expansion strategy, global supply chain solutions leader, AIT Worldwide Logistics, opened its first office in Jakarta, Indonesia. The new facility represents the eighth country in the AIT-Asia network and exemplifies the company's adaptability and flexibility in response to customer demands in the region. This advertisement has not loaded yet, but your article continues below. "By establishing our presence in Indonesia, we're enhancing our ability to provide localized, high-quality service that directly meets the needs of our customers." -Chief Strategy Officer, Greg Weigel According to AIT's Chief Strategy Officer, Greg Weigel, the team in Jakarta will collaborate with AIT's expansive global network to quickly customize sea, air and road solutions unique to each client's organizational needs, with a particular focus on the region's flourishing industrial, technology and telecommunications sectors. "Jakarta is a pivotal market for us as we continue our expansion in Asia," Weigel said. "By establishing our presence in Indonesia, we're not only positioning AIT to tap into a region with enormous opportunities, but also enhancing our ability to provide localized, high-quality service that directly meets the needs of our customers." AIT's Vice President, Operations, Asia Pacific, Tony Tong, oversees the facility, which provides comprehensive freight forwarding services with a primary focus on air and ocean imports and exports. He reports to Senior Vice President, Asia Pacific, Wilson Lee. Lee said the team will also offer value-added services including local delivery between islands, customs clearance, white glove handling, and more. "Our comprehensive service offerings will set us apart in this market," Lee noted. "We back them up with years of global expertise, dedicated local staff, and flexible, customized solutions that are aligned with Indonesia's key industries, like petroleum, natural gas, textiles, and mining." The strategically located office is situated near two international airports, as well as Jakarta Bay. Certified gold by Indonesia's Green Building Council, the new facility joins more than 150 other AIT locations across the globe.

Pertamina, an Indonesian oil company, announced plans to expand existing SAF production from its largest oil processing facility at the Cilacap refinery to two additional sites, which are the Dumai refinery in Riau and the Balongan refinery in West Java.