time:matters opens Courier Terminal at Shanghai Pudong Airport for handling courier and express air freight shipments
time:matters GmbH is opening a Courier Terminal at Shanghai Pudong Airport for handling courier and express air reight shipments. The launch coincides with the start of transport logistic China on June 25, 2024, and represents a further expansion of the company’s service capacity for handling courier and express air shipments in the Asia-Pacific region. The […]
time:matters becomes a premium partner of Lufthansa Cargo
German logistics company time:matters has been appointed as a premium partner of its parent company, Lufthansa Cargo. With a total tonnage of more than 5,000 tons last year, time:matters, the expert for time-critical emergency transports and supply chain solutions, has been nominated as a premium partner for Lufthansa Cargo’s partner program. The carrier is thus […]
time:matters named Bosch’s preferred logistics provider
Bosch has awarded time:matters the status of being its Preferred Supplier in the area of “Logistics Services for Global Courier Services”. Preferred Supplier status is awarded annually for 12 months as part of its supplier management programme. The programme aims to establish long-term business relationships and promote shared global growth. The two companies have worked […]
time:matters starts moving dangerous goods
time:matters is now offering transport for dangerous goods, accepting movements of hazard classes 2,3,4,5,6,8 and 9. The move is to meet the demand of industries requiring the movement of dangerous goods including the automotive, aviation and aerospace, machinery and components, as well as life and health sector companies. Dangerous goods can be moved on passenger […]
time:matters Sameday Air spreads across Asia
time:matters has extended its Sameday Air network across Asia, bringing the service to Tokyo Narita, Singapore and Bangkok. The stations in Japan, Singapore and Thailand are connected to the European hubs of Frankfurt, Munich and Vienna with 84 flights a week. The new locations join services to the Chinese cities of Shanghai, Shenyang, Beijing, Nanjing, […]
time:matters extends network to 16 African cities
time:matters has established a hub in Brussels, providing it access to 16 African destinations through Brussels Airlines’ network. Through the Brussels hub, customers can access Abidjan, Accra, Banjul, Bujumbura, Conakry, Cotonou, Douala, Dakar, Entebbe, Freetown, Kigali, Luanda, Lomé, Yaoundé, Ouagadougou and Monrovia. Customers will enjoy the same benefits as at other time:matters European hubs in […]
time:matters Sameday Air spreads across China
time:matters has added seven Chinese stations to its worldwide Sameday Air network, offering 157 direct flights a week to European hubs. Transportation of time-critical shipments will now be offered in Shanghai, Shenyang, Beijing, Nanjing, Qingdao, Chengdu and Guangzhou. Urgent shipments will be collected and cleared through customs on the same day and can reach their […]
time:matters awarded AEO certification
time:matters has been certified as an Authorised Economic Operator (AEO) by the main customs office of Darmstadt, Germany. The certificate confirms time:matter’s reliability and service quality, with international customers being sure of the company complying with all standards for effective protection of the customer supply chain. The certificate obtained by CB Customs Broker and now […]
time:matters revenue grows 12.7% to €121.5 million
Having had a record breaking year in 2017, sales revenue at time:matters increased by 12.7% to €121.5 million in 2018. In 2018, time:matters focused on digitisation of its service portfolio and now offers fully automated tracking information updates, invoicing and other core elements. Expanding the network was also important, with 15 stations being added in […]
time:matters acquires customs broker and handling companies
time:matters has fully acquired CB Customs Broker and Customs Broker Cargo Handling, providing opportunities and extensive customs clearance and handling expertise. Both companies will continue to act as neutral partners and offer their existing services including customs clearance and cargo handling to forwarders, integrators and courier companies. Founder and managing director, Stelios Ntounakis will remain […]
Cost savings and rising demand push up Lufthansa Cargo profits 50%
Profits for Lufthansa Cargo have increased by almost 50 per cent in the first half of 2018 helped by substantial cost savings and increased demand for airfreight services. Earnings before interest and tax (EBIT) increased by 48.8 per cent to €125 million, pushing the EBIT margin up 2.9 percentage points to 9.6 per cent for […]
First station outside Europe opened by time:matters
Time:matters has further extended its network for sameday transport of cargo by opening its first station outside of Europe in Tel Aviv, Israel. The station is now open for time-critical shipments and export shipments with direct flights and there will be access to 90 direct connections a week to and from Tel Aviv. Time:matters says the […]
Near 10% growth at Billund as it targets more freighters
Billund Airport is looking to add another freighter to its roster and is sure it can attract new carriers after the success of Turkish Cargo, Justin Burns writes. Growth of the twice a week Airbus A330 service by Turkish from Istanbul and express operators UPS, TNT, DHL and Lufthansa Cargo owned time:matters have led to […]
Kohnen completes executive board at time:matters
Alexander Kohnen has been appointed the new managing director for strategy and sales at time:matters from 15 November 2017. The 40-year-old succeeds Franz-Joseph Miller, who left the company of his own accord on 1 July this year. Kohnen has held various management positions at Lufthansa Cargo since October 2000, most recently senior director of industry development and product […]
time:matters extends spare parts network to Birmingham and Dublin
time:matters has extended its spare parts logistics flight network with services from Karlsruhe/Baden-Baden to Birmingham and Dublin on weekdays. Customers from Southern Germany can now benefit from a faster service for spare parts to the UK and Ireland, with urgently needed spare parts on site from 8am the next day so technicians can get to […]
time:matters to automate tracking process for shipments
Time:matters is automating the tracking process for its shipments, which it says will deliver a number of operational advantages. The speed logistics service which is a part of the Lufthansa Cargo group says selected courier partners are linked with time:matters’ booking system via a direct system interface, meaning all relevant information can be exchanged automatically. […]
Revenue grows 9% in 2016 at time:matters
time:matters has continued to perform strongly with nine per cent revenue growth in 2016 to €70 million ($74.7 million). Certain industry areas were particularly strong, with automotive up 92 per cent year-on-year, high-tech and semiconductors by 47 per cent and aviation and automotive by 44 per cent. This year it launched airmates, a software-based platform […]
time:matters launches airmates platform for on board courier services
time:matters has launched airmates, a software-based platform for on-board courier services offering fast quotes, maximum cost efficiency and a global courier network. Using the platform, customers can input their shipment details and receive a complete quote in less than a minute, which can be used to make an immediate online booking with all costs included, […]
Lufthansa Cargo flies into €64m loss in 2016
Lufthansa Cargo has made an EBIT loss of €64 million ($68 million) as yields fell and continuing overcapacity hit revenue and earnings. Revenue for Lufthansa Logistics, which covers Lufthansa Cargo, Jettainer, time:matters and its investment in cargo airline AeroLogic, was down 11.5 per cent to €2 billion, while earnings before interest and tax (EBIT) were […]
Lufthansa Cargo takes complete ownership of time:matters
Lufthansa Cargo has taken complete ownership of time:matters after financial investor, Aheim Capital sold its 51 per cent share. The sameday delivery and time critical international spare parts logistics company was spun-off as a subsidiary in 2002, and the takeover is part of Lufthansa Group’s ‘7 to 1: new concepts for growth’ strategy. time:matters will […]
Overcapacity causes Lufthansa Cargo to make loss
Lufthansa Cargo has made an EBITDA loss of four million euros ($4.4 million) as it continues to suffer overcapacity and competition from Bosporus and Gulf carriers. Revenue has fallen by 19.1 per cent to 976 million euros for the logistics segment, which consists of Lufthansa Cargo, unit load device management firm, Jettainer; its stake in […]