time:matters

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] The company is working in six different industries – Life & Health, MedTech, Aviation & Aerospace, Machinery & Components, Automotive and High Tech & Semicon. At Frankfurt International Airport as well as at Munich Airport, time:matters runs its own courier terminals.[3]

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

History and background

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

In 2003, the company changed its name to "time:matters GmbH".[5] The core business 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 sameday 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. 2007 also saw the opening of the Courier Terminal at Frankfurt Airport.

In 2010, the ic:kurier service opened in Vienna, Austria, and Paris, 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 has launched its digital On Board Courier platform airmates.

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

In 2019, the company expanded its Sameday 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 Sameday Air network with 100 stations.[15]

The time:matters headquarter is located in Gutenbergstr. 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. Retrieved 2021-03-17.
  2. eCommerce, Deutsche Bahn AG, Unternehmensbereich Personenverkehr, Marketing. "ic:kurier". www.bahn.de (in German). Retrieved 2021-03-17.
  3. "Neu in München – time:matters Full Service Courier Terminal". www.munich-airport.de (in German). Retrieved 2021-03-17.
  4. "time:matters". time:matters. Retrieved 2021-03-17.
  5. VerkehrsRundschau. "Lufthansa Cargo SameDay World erhält einen neuen Namen". VerkehrsRundschau.de (in German). Retrieved 2021-03-17.
  6. May 5; News | 0, 2004 | (2004-05-05). "time:matters takes same:day and next-day to America". Post & Parcel. Retrieved 2021-03-17.{{cite web}}: CS1 maint: numeric names: authors list (link)
  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). Retrieved 2021-03-17.
  10. "USA/Mexiko: Im Sameday-Netz von Time:matters". TRANSPORT (in German). Retrieved 2021-03-17.
  11. "One-Stop Logistiklösungen & Fullservice Verzollung". Customs Broker (in German). Retrieved 2021-03-17.
  12. VerkehrsRundschau. "Time Matters erweitert Sameday-Air-Netzwerk in Asien". VerkehrsRundschau.de (in German). Retrieved 2021-03-17.
  13. "time:matters awarded AEO certification". CAAS /// Cargo Airports & Airline Services. 2019-05-09. Retrieved 2021-03-17.
  14. "time:matters offsetting CO2 emissions of passengers aboard transports". CAAS /// Cargo Airports & Airline Services. 2019-12-17. Retrieved 2021-03-17.
  15. "time:matters expands US domestic Sameday Air network". Air Cargo News. 2020-09-30. Retrieved 2021-03-17.
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