time:matters sales revenue up 55% in 2017

24 / 04 / 2018

  • In the bag: increased revenues for the Lufthansa Cargo courier subsidiary

Express logistics provider time:matters saw 2017 sales revenue up 55% prior year to €108m as the Lufthansa Cargo-owned company targeted internationalisation and the digitisation of its service offering.

In a statement, the company said that the opening of the first sameday air station outside of Europe, in Tel Aviv, represented "a significant milestone in the global expansion of the route network for time-critical shipments".

The launch of the global platform time:matters airmates completed the digitisation of the on-board courier service for the accompanied transport of especially urgent and sensitive shipments. Time:matters also introduced automated tracking, which led to quicker and easier handling. 

The statement added: "All of the industries focused on by the company registered tremendous to strong growth in 2017. This growth was particularly driven by customers in the automotive and semicon/high-tech sectors.“

Time:matters chief operating officer Christian Mörtl said: "We are delighted with the strong growth in 2017 and proud that we have continued to meet our customers’ high quality requirements in spite of the increased transport volumes, as also reflected in our awards.”

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