time:matters
TypeLimited liability company (LLC)
IndustryLogistics
Founded1 January 2002
Headquarters
Neu-Isenburg
,
Germany
Key people
  • Lars Krosch, COO time:matters
OwnerLufthansa Cargo
Number of employees
>330
Websitewww.time-matters.com

time:matters is a German company specializing in urgent transports and time-critical international shipping. The company is owned by Lufthansa Cargo.[1] Due to exclusive cooperation agreements, time:matters has access to the Lufthansa Group network. The company also has access to the Intercity-Express high-speed railway services of Deutsche Bahn.[2] Further, they cooperate with Frankfurt International Airport and Munich Airport. Time:Matters runs its own courier terminals[3] and offers services for the following six different industries:

  1. Life and Health
  2. Medical Technology
  3. Aviation and Aerospace
  4. Machinery and Components
  5. Automotive
  6. High Tech and Semiconductors

History and background

In 2002, time:matters was established as a spin-off from Lufthansa Cargo AG. It traded under the name,"Lufthansa Cargo Same Day World GmbH".[4]

In 2003, the company changed its name to "time:matters GmbH".[5] The core business focuses of the company are "Special Speed Solutions" and time-critical shipments on air, rail and road. In 2003, time:matters, in cooperation with Deutsche Bahn, began same-day shipments via railway. This service is called "ic:kurier".

In 2004, time:matters and United Airlines Cargo agreed upon an intercontinental partnership which enabled time:matters to deliver highly urgent shipments to thirty-nine destinations in the United States.[6]

In 2007, Aheim Capital GmbH became time:matters majority stake holder, with Lufthansa Cargo retaining 49 percent of the company.[7] Furthermore, the "time:matters Spare Parts Logistics GmbH" was established for supplying customers with required spare parts. The year 2007 also saw the opening of the Courier Terminal at Frankfurt Airport.

In 2010, the ic:kurier service opened in Vienna, Austria Paris and France.[8]

In 2016, Lufthansa Cargo became time:matters only stake holder after buying back 51 percent of the company from Aheim Capital GmbH.[9]

In 2017 the company launched its digital On Board Courier platform airmates.

In 2018, time:matters expanded its same-day Air network to the US and Mexico.[10] The same year, the company received the ISO 14001:2015 environmental certification. In addition to that, it acquired CB Customs Broker GmbH and Customs Broker Cargo Handling GmbH, a customs clearance service.[11] 

In 2019, the company expanded its same-day Air network once again to Asia including China, Japan, Thailand and Singapore.[12] time:matters received the ISO 9001:2015 certification and was awarded the AEO certification.[13] In this year as well, the company started to compensate the CO2 emissions of all airmates Onboard Courier transports.[14]

In 2020, time:matters established a corporate affiliate in the US and built up a US domestic same-day Air network with 100 stations.[15]

The time:matters headquarter is located at Gutenberg Street 6, 63263 Neu-Isenburg, Germany. time:matters employs more than 330 people.

Subsidiary companies

  • time:matters Courier Terminals GmbH
  • time:matters Austria GmbH
  • time:matters Netherlands B.V.
  • time:matters Asia Pacific Pte Ltd.
  • time:matters Shanghai International Freight Forwarding Ltd.
  • time:matters Americas, Inc.  

References

  1. ↑ "Lufthansa Cargo Group - Lufthansa Cargo". lufthansa-cargo.com. Archived from the original on 2021-01-22. Retrieved 2021-03-17.
  2. ↑ "ic:kurier". www.bahn.de (in German). Archived from the original on 2021-04-23. Retrieved 2021-03-17.
  3. ↑ "Neu in München – time:matters Full Service Courier Terminal". www.munich-airport.de (in German). Archived from the original on 2023-04-07. Retrieved 2021-03-17.
  4. ↑ "time:matters". time:matters. Archived from the original on 2021-04-14. Retrieved 2021-03-17.
  5. ↑ "Lufthansa Cargo SameDay World erhält einen neuen Namen". VerkehrsRundschau.de (in German). Archived from the original on 2023-08-13. Retrieved 2021-03-17.
  6. ↑ "time:matters takes same:day and next-day to America". Post & Parcel. 2004-05-05. Archived from the original on 2023-08-13. Retrieved 2021-03-17.
  7. ↑ "time:matters GmbH - Aheim Capital". web92.bx20.de. Retrieved 2021-03-17.
  8. ↑ "DB und time:matters eröffnen ic:kurier Station in Paris". LOGISTIK express NEWS (in German). 2010-03-16. Retrieved 2021-03-17.
  9. ↑ "Übernahme: Lufthansa Cargo holt sich Time:matters komplett zurück". LOGISTIK HEUTE (in German). Archived from the original on 2020-11-27. Retrieved 2021-03-17.
  10. ↑ "USA/Mexiko: Im Sameday-Netz von Time:matters". Transport (in German). Archived from the original on 2021-01-24. Retrieved 2021-03-17.
  11. ↑ "One-Stop Logistiklösungen & Fullservice Verzollung". Customs Broker (in German). Archived from the original on 2021-04-14. Retrieved 2021-03-17.
  12. ↑ "Time Matters erweitert Sameday-Air-Netzwerk in Asien". VerkehrsRundschau.de (in German). Archived from the original on 2019-08-14. Retrieved 2021-03-17.
  13. ↑ "time:matters awarded AEO certification". Cargo Airports & Airline Services. 2019-05-09. Archived from the original on 2021-05-08. Retrieved 2021-03-17.
  14. ↑ "time:matters offsetting CO2 emissions of passengers aboard transports". Cargo Airports & Airline Services. 2019-12-17. Archived from the original on 2021-03-04. Retrieved 2021-03-17.
  15. ↑ "time:matters expands US domestic Sameday Air network". Air Cargo News. 2020-09-30. Archived from the original on 2021-05-20. Retrieved 2021-03-17.
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