Transportation Insight Holdings, LLC Announces CEO Transition and Additional Leadership Updates

Alan Gershenhorn, Executive Chair of Board of Managers and
Seasoned Industry Leader, Named Interim CEO.

Ken Beyer Resigns as CEO to Take on New Role Outside of Freight Industry.

Company Continues to Demonstrate Operational Strength
and Drive Technology Adoption Amidst Dynamic Macro Environment.

ATLANTA, GA – December 5, 2025 – Transportation Insight Holdings, LLC (together with its affiliates, the “Company”), a leading provider of non-asset, tech-enabled logistics and brokerage solutions in North America servicing more than 14,000 shippers and over 80,000 carriers through Transportation Insight (“TI”), Nolan Transportation Group (“NTG”), and its proprietary Beon™ Digital Logistics Platform (“Beon”), today announced that Alan Gershenhorn, Executive Chair of the Company’s Board of Managers (the “Board”) and an experienced logistics industry leader, has been appointed Interim CEO of the Company, effective immediately. Mr. Gershenhorn has extensive experience in the freight, supply chain management, and logistics industries, and has served on the Company’s Board since 2018 and as Executive Chair since late 2022.

Mr. Gershenhorn’s appointment follows Ken Beyer’s resignation as the Company’s Chief Executive Officer to pursue another opportunity outside of the freight industry. The Board will initiate a process to identify the Company’s next permanent CEO, which will include consideration of internal and external candidates.

Mr. Beyer said, “I am very proud of what our team has achieved over the past five years at TI, NTG, and Beon. During that time, we have significantly advanced our digital capabilities, creating a scalable and efficient operating platform that supports customer success from port to porch. We have also assembled a talented and highly engaged team and have been recognized by Newsweek as one of America’s Greatest Workplaces for two consecutive years. The Company has a strong foundation in place to build on our momentum, and I am confident that Alan and the team will continue to elevate the business to deliver long-term success.”

Mr. Gershenhorn said, “On behalf of the Board, I want to thank Ken for his leadership and wish him well in his future endeavors. The Company continues to exhibit impressive operating strength, even in today’s challenging macro environment, growing its revenue year-over-year while nearly doubling adjusted EBITDA through Q3 this year.¹ In addition, our innovative digital logistics platform, Beon, continues to outperform, empowering our business partners across the logistics chain to streamline operations and accelerate growth. I intend to work closely with our talented leadership team to continue providing significant value to our customers while delivering strong financial results. At the same time, our Board will conduct a comprehensive search to identify a permanent leader to build on our strong operating performance and drive growth by facilitating our customers’ success.”
_{1. Adjusted Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) is a non-GAAP financial measure.}

Leigh Abramson, Co-CIO, Deal Partner & Co-Head of the Industrial Growth Group of Gryphon Investors, said, “We are grateful to Ken for his contributions to the Company. As we look ahead, we are fortunate to have a leader of Alan’s caliber to drive the business forward while the Board conducts its search for the Company’s next permanent CEO.”

Additional Executive Leadership Updates

To better align with the Company’s strategy and acknowledge the dedication, commitment, and accomplishments by members of the executive leadership team, the Company also announced today the following promotions:

• Miles English will serve as President of Beon™ Digital Solutions and Chief Digital & Information Officer
• Drew Herpich will serve as President & Chief Operating Officer of NTG
• Michael Mclary will serve as President & Chief Commercial Officer of NTG
• Mark Vale will serve as Chief Financial and Administrative Officer of Transportation Insight Holdings, LLC
• Jared Wilson will serve as President Managed Transportation Services

These leaders, along with Bryan Rueger, Chief People Officer, and Mike Manders, Senior Vice President Growth Enablement, will continue to work alongside Mr. Gershenhorn to steer TI, NTG, and Beon toward future success.

Mr. Gershenhorn continued, “As I step into the role of Interim CEO, I am extremely fortunate to have the opportunity to work with such a talented and dedicated group of high-performing executives. I am confident that, together, we will continue to create and deliver superior customer value and achieve further operational and financial growth.”

About Alan Gershenhorn

Mr. Gershenhorn has served as a member of the Company’s Board of Managers since 2018 and Executive Chair since 2022. Most recently, Mr. Gershenhorn served as Executive Vice President, Chief Commercial Officer of United Parcel Service, Inc. (“UPS”). Prior to his role as UPS’s CCO, Mr. Gershenhorn held roles of increasing responsibility at UPS over his nearly four-decade tenure. He also has experience serving on the Boards of Directors for supply chain, distribution, and logistics companies.

About Transportation Insight Holdings, LLC

Transportation Insight Holdings, LLC is the parent company of industry-leading logistics providers Transportation Insight (TI), founded by Paul Thompson, and Nolan Transportation Group (NTG), founded by Kevin Nolan. TI brings over two decades of multi-modal expertise and technology to the logistics industry and ranks amongst North America’s largest logistics companies. TI services more than 14,000 shippers and over 80,000 carriers through its proprietary Beon™ Digital Logistics Platform – a central hub to TI’s mode-agnostic network and services from port-to-porch™. The TI services and digital product portfolio spans across North America, offering domestic freight and parcel transportation solutions, warehousing, data intelligence, and supply chain consulting.

NTG

Nolan Transportation Group (NTG) is a leading logistics provider, offering a wide range of services including truckload brokerage, third-party logistics and specialized transportation like LTL, expedited and drayage. With an extensive network of over 80,000 carriers serving 14,000+ customers, NTG experts leverage the advanced technology of the Beon Digital Logistics Platform, with a customer-centric approach, to deliver efficient, scalable solutions.