Gebrüder Weiss and the Chinese logistics company Global Freight System (GFS) have set up the joint venture “Gebrüder Weiss Express China”, specialising in parcel transports between China and Europe. Gebrüder Weiss will be holding 65% of the shares in the Shanghai-based joint venture. “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 creation of this joint venture is another way for Gebrüder Weiss to boost its activities on what is called the New Silk Road. The company operates branches and offices at 19 major transport hubs in the Greater China region, and also runs its offices in Kazakhstan, Uzbekistan, Russia, Georgia and Armenia.
Source: Gebrüder Weiss
