With a record investment volume of 187 million euros, Gebrüder Weiss substantially expanded its network in the German and US markets, as well as South-Eastern Europe, while also investing in customer projects and sustainable energy generation. In Bavaria in particular, the logistics company consolidated its position through acquisitions and real estate purchases in Bayreuth, Konradsreuth and Nuremberg and the construction of a new freight forwarding terminal in Straubing. The US network was expanded to include locations in Miami and Laredo, Texas. Other investment projects included a second location in Bucharest, the enlargement of the logistics terminal in Hungary, and the construction of a new logistics warehouse in Graz and Reutte, Tyrol. As a result of the acquisitions, the number of employees at the 180 locations worldwide increased to 8,600 (2022: 8,400).

At the same time as it works to expand its network, Gebrüder Weiss has also been investing in the digitalization of supply chain management. Warehouse analysis functions (Warehouse Analytics) have been added to the web-based customer portal myGW. The portal offers transparency along the entire supply chain and serves as a central information and communication platform for customers and their global shipments, covering everything from real-time tracking to estimated times of arrival (ETA).

More renewable energies 
The company made progress in decarbonizing its own business activities. Three-quarters of the company's own electricity requirements in the DACH region are already met by its own solar power. In 2023, the logistics expert commissioned nine further photovoltaic systems (PV) in the DACH region and Eastern Europe. A total of 27 PV systems generated 5,850 megawatt hours of electricity, doubling the amount of CO₂ emissions saved to 2,750 tons. Gebrüder Weiss has also been helping improve the green credentials of the electricity mix in Germany since 2011 with its wind farm in Northern Germany.

The company's attention is increasingly on its own vehicle fleet as part of its goal to achieve climate neutrality in the operation of its own assets and trucks by 2030. The logistics company already uses e-vans to deliver goods ordered online to end customers in Austria, Hungary, Croatia, and Romania. Two battery-powered trucks will be launched in Germany this year, and further e-trucks and e-delivery vehicles will be purchased in Austria. To manage the transition period to e-mobility, the company is converting a large part of its own truck fleet in Austria to hydrogenated vegetable oil (HVO).

Following the downturn in global trade and signs of a recession, Gebrüder Weiss expects a slight economic upturn in the second half of 2024, thereby translating into more positive revenue development fed by the success of individual national companies. Wolfram Senger-Weiss noted, "We are now benefiting from the fact that we have a global position and can swiftly respond to economic upturns in individual regions with the necessary local logistics services. At the same time, we see confirmation of our "best of both worlds" strategy. The last few years in particular have shown how important it is to invest in both the development of the operational network and the company's digital expertise."

Source, Gebrüder Weiss