Automotive, hi-tech sectors drive revenue growth for logistics firm time:matters
April 24, 2018: Time critical logistics services provider time:matters has ended 2017 with a revenue growth of 55 percent year-on-year. The company has reported 108 million euros revenue and has maintained its positive overall performance in all focus industries.
Though all the sectors contributed to the revenue surge last year, the major growth was driven by customers in the automotive and semicon/high-tech sectors.
The company targeted Internationalisation and the digitisation of the service offering in 2017. 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. The automated tracking feature introduced by the firm led to quicker and easier handling.
“As a leading expert in high performance and special speed Logistics, we have greatly exceeded our growth targets for 2017 and will continue to focus in 2018 on the geographic expansion of our transport solutions and processes. Besides this, we continue to focus on developing our expertise in our focus industries and digitizing our offering”, explained Alexander Kohnen, who completed the company’s executive board in late 2017 on being appointed the new managing director Strategy & Sales.