Many bike enthusiasts prefer hanging bike racks over platform racks due to several reasons. For one, hanging bike carriers are more lightweight and easier to store. They are also simpler to install and uninstall. The Thule Gateway Bike Rack is a hanging bike rack that fits all these. Compared to other complex systems, this rack has a convenient trunk-mount design using durable nylon straps for quick and easy installation. This is especially helpful for bikers who are keen on spontaneous road trips. This rack also folds flat easily so it occupies minimal space during storage. Hanging racks do not extend as far out from the vehicle as platform racks. However, the Thule Gateway Bike Rack still has enough breathing room between the bikes and the vehicle. Along with its anti-sway cages, this construction prevents damages to both the bikes and the car. The cradles are also made of soft-saddle material that will not harm or scratch the bikes' finishes. Lastly, this bike rack includes nylon straps that provide maximum strength when securing the bikes to the rack and the rack to the car trunk.

Thule is an industry leader, manufacturer, and distributor of premium outdoor and transportation products. Founded in 1942 by the Thulin family in Hillerstorp, Sweden, Thule started out as a company that specializes in roof racks and other automobile accessories. True to the company's motto "Bring your life," Thule started producing products that enable the car owner to bring their outdoor equipment and luggage. Over the years, Thule has grown and became a company that offers a wide range of high-performance products including strollers, bike racks, luggage, roof racks, cargo carriers, rooftop tents, winter and water sport racks, bike trailers, child bike seats, backpacks, van accessories, laptop cases, tablet cases, phone cases, camera bags and cases, and bike bags and racks. The Thule Group also includes several world-renowned companies including Case Logic, SportRack Inc., Chariot, Yepp, and Tepui. Thule has 4700 points of sales in 136 countries worldwide, and has around 2200 employees.