Gebrüder Weiss increased revenue by 10% and expanded its network of logistics centers.
International transport and logistics company Gebrüder Weiss ended the 2024 financial year with net revenue of €2.71 billion, up 10% compared to 2023 (€2.46 billion). The growth was driven mainly by investments in the transport network, automation and digitalization. In the Air & Sea segment, the company recorded the largest increase in revenue – €939 million (+21%), due to the expansion of the network in the US and Germany, the growth of trans-Pacific trade volumes and the increase in sea freight rates from China to Europe. However, the attacks in the Red Sea forced container ships to bypass Africa via the Cape of Good Hope, which affected logistics times.
