Logistics
GEBRÜDER WEISS SETS-UP JV WITH CHINESE FIRM FOR CHINA-EUROPE PARCEL TRANSPORT
December 3, 2020

Gebrüder Weiss and the Chinese logistics company Global Freight System (GFS) have set up the joint venture “Gebrüder Weiss Express China”, for parcel transports between China and Europe.

In a statement, the transport and logistics company said it will hold  65% of the shares in the Shanghai-based joint venture.

 Self Photos / Files - Multimodal_16.3.2016_c_gebrüder-weiss-872x530

 

“The growing trend towards e-commerce means that the volume of parcel shipments between Asia and Europe is also steadily on the rise,” says Lothar Thoma, member of the Management Board at Gebrüder Weiss.

 

“We are now pooling our expertise in Europe and Asia with the aim of addressing both Asian and European e-commerce companies.”

 

The Austria-headquartered company said 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 also 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.