The international transport and logistics company, Gebrüder Weiss posted net sales of €1.77 billion in its 2020 financial year.
This represents a year-on-year increase of 3.7% (2019: €1.71 billion). As such, the company continues to drive the growth it has been generating in previous years.
“Key to our positive development was the fact that we remained flexible and fully operational during the COVID-19 crisis – at all of our locations worldwide. We retained our ability to provide the transport solutions our customers need, despite repeated lockdowns and global cargo space shortages. Our employees have performed outstanding work under difficult conditions,” said Wolfram Senger-Weiss, chairman of the management board at Gebrüder Weiss.
Best of both worlds: Digital strategy proves its value
The company set a milestone in its ongoing digitalisation when it launched the new customer portal myGW in 2020. The online platform offers fast, direct and straightforward access to all Gebrüder Weiss services while providing real-time status information. The customer portal is currently operating in Austria, Germany, Switzerland, Hungary, Slovakia and the Czech Republic. A rollout into further countries is planned for this year.
Worldwide network expanded
The year 2020 also saw Gebrüder Weiss make renewed progress in strategically extending its global reach: in the air and sea freight division, Gebrüder Weiss added locations in Germany and entered the markets in Poland, South Korea, Malaysia, Australia and New Zealand. The international network now comprises a workforce of 7,400 employees (full-time equivalent) at 170 locations in 35 countries.
All in all, the logistics company invested more than €70 million in expanding and extending its terminal network and in IT infrastructure, as well as in acquisitions. The equity ratio again exceeded 60 percent, a major reason behind the company’s strength and ability to continue evolving despite adverse conditions.
Focus on sustainability: CO2 neutrality by 2030
Gebrüder Weiss sustainability strategy includes goals to reduce CO2 emissions by 10% annually and the company aims to be CO2 neutral by 2030.
The measures taken include the installation of further photovoltaic systems at its own logistics terminals, coupled with increasing the use of alternative drive technologies such as electricity, gas and hydrogen for trucks. Since last year, Gebrüder Weiss has also been offering customers the option of offsetting their carbon emissions with support for certified climate protection projects.
