Gebrüder Weiss, the international transport and logistics company, reported a net revenue of 2.47 billion euros for the 2023 fiscal year, showcasing resilience despite a decrease from 2022. Notably, the Air & Sea business area rebounded to 774 million euros, and Land Transport and Logistics maintained stability at 1.45 billion euros. The company’s equity ratio increased to 63 percent, reinforcing its crisis-handling capabilities and positioning as an exemplary employer.
In a historic move, Gebrüder Weiss invested a record-breaking 187 million euros, expanding its presence in Germany, the US, and South-Eastern Europe. Strategic acquisitions and real estate purchases in Bavaria, along with new facilities in Miami and Laredo, Texas, contributed to an employee increase to 8,600 across 180 global locations. The company also prioritized digitalization, enhancing supply chain management through Warehouse Analytics on the myGW customer portal.
Gebrüder Weiss demonstrated commitment to sustainability, with 75 percent of its electricity needs in the DACH region powered by in-house solar energy. The company commissioned nine additional photovoltaic systems in 2023, doubling CO2 emissions savings to 2,750 tons. With an eye on achieving climate neutrality by 2030, the company is transitioning its vehicle fleet, incorporating e-vans and launching battery-powered trucks. Despite global economic uncertainties, Gebrüder Weiss anticipates a slight upturn in the second half of 2024, driven by positive revenue development from individual national successes.