Growth target for 2017 surpassed by time:matters

posted on 25th April 2018 by Justin Burns
Growth target for 2017 surpassed by time:matters

Complex and urgent shipment specialist time:matters made 108 million of sales revenue in 2017 – a 55 per cent increase on the previous year.

The company said it maintained its positive overall performance in all focus industries and considerably exceeded its sales growth from the previous business year by nine per cent and internationalisation and the digitisation of the service offering were also targeted last year.

And time:matters said the opening of the first Sameday Air station outside of Europe in Tel Aviv represented a significant milestone in the global expansion of the comprehensive 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 enhanced its shipment processes by introducing automated tracking, which has led to quicker and easier handling. The time:matters Courier Terminal at Frankfurt Airport also celebrated its 10th anniversary in 2017.

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.

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.”

Managing director of strategy and sales, Alexander Kohnen said time:matters has “greatly exceeded” its growth targets for 2017 and will continue to focus in 2018 on the geographic expansion of our transport solutions and processes. He added: “Besides this, we continue to focus on developing our expertise in our focus industries and digitizing our offering.”

Time:matters specialises in urgent transports and complex logistics like urgently needed spare parts, medical samples and important documents that need to be transported quickly and reliably from A to B via air, rail and road. This is made possible by a global network with more than 500 courier partners and airlines.