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New Sino-Austrian joint venture for parcel transports

Austrian logistics company Gebrüder Weiss and a Chinese e-commerce specialist have set up the joint venture “Gebrüder Weiss Express China”, specializing in parcel transports between China and Europe. 

© ADVANTAGE AUSTRIA
© ADVANTAGE AUSTRIA
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Austrian logistics Company expands in China

Gebrüder Weiss, a family-run company with a 500-year history and headquarters in Austria (Lauterach), is one of the leading transport and logistics companies in Europe and operates several subsidiaries in China.  

The Austrian logistics company holds 65 percent of the shares in the newly opened Shanghai-based joint venture “Gebrüder Weiss Express China” that focuses on parcel transports between China and Europe. The creation of this joint venture is yet another way for Gebrüder Weiss to boost its activities on the New Silk Road. The company operates branches and offices at 19 major transport hubs in the Greater China region, and runs its own offices in Kazakhstan, Uzbekistan, Russia, Georgia and Armenia. Gebrüder Weiss services on and along the Silk Road include air and sea freight, railway and multimodal transports, as well as special logistics solutions including warehouse logistics, local distribution – and now parcel transports as well.  

 

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solutions along the silk road and worldwide 

Gebrüder Weiss counts over 7,300 employees and 150 company-owned locations all over the world and generated an annual turnover of 1.7 billion euros in 2019. In addition to its core business of land transport, air & sea freight, and logistics, the company operates a number of highly specialized industry solutions and subsidiaries– including the logistics consultancy firm x|vise, tectraxx (industry specialist for hi-tech businesses), dicall (communications solutions, market research, training), Rail Cargo (railway transports), and the Gebrüder Weiss parcel service GWP, co-shareholder of the Austrian company DPD.