Gebrüder Weiss posted a provisional net turnover of €1.67 billion (US$1.89 billion) in 2018, representing a year-on-year increase of 8.3%, according to group results released by the company.

“We consider business development to be highly satisfactory,” said Wolfram Senger-Weiss, CEO of Gebrüder Weiss. “It was a good year. Despite all systems being at capacity, we were able to maintain service quality. Commitments to our customers have top priority.”

According to Gebrüder Weiss, apart from digitization, it also continued to focus on physical infrastructure, on which approximately €50 million (US$56.6 million) were invested in 2018.

The land transport division continued to be a mainstay of the company in 2018, having grown organically by around 7.5%.

“With know-how, an awareness of quality and price as well as above-average commitment on the part of our employees, we were able to succeed,” said Senger-Weiss.

The air and sea freight division reported a turnover growth of about 12% compared to 2018. A year after the reorientation of its global network, Gebrüder Weiss continued to invest in the development of its locations in Asia, Germany and the US, as well as expand trans-Pacific transportation between North America and Asia. The company has also increasingly been offering land transportation and logistics solutions to customers in China and the US.

The home delivery segment involving business-to-consumer consignments continued to grow, benefitting from steady growth in e-commerce. Some 900,000 consignments from the consumer electronics, household appliances and furniture sectors were delivered to end customers, with over a third of these in Austria alone.

Austrian private parcel service DPD, of which Gebrüder Weiss is a co-shareholder, moved more than 50 million parcels for the first time in 2018, a year-on-year increase of 4%.

The total number of employees increased by about 6% to 7,112 at the end of 2018, according to Gebrüder Weiss.