Aviation
TIME:MATTERS INK DEAL WITH SHENZHEN AIRPORT GROUP ON LOGISTICS HANDLING
November 19, 2024

Lufthansa Cargo's subsidiary time:matters GmbH and Shenzhen Airport Group Co., Ltd. have agreed to strengthen their partnership, focusing on logistics handling services.

 

Shenzhen Airport, situated in the Guangdong-Hong Kong-Macao Greater Bay Area, plays a crucial role in the e-commerce industry and has seen a significant rise in air transport volume for cross-border e-commerce.

 

Lufthansa Cargo, meanwhile, has been operating a scheduled freighter connection between Shenzhen and Frankfurt twice a week since July 2024, integrating the logistics advantages of both international hubs to serve the growing demand in the e-commerce segment, especially to Europe.

 

Lufthansa Cargo and Shenzhen Airport Group Co., Ltd. have been successfully operating the International Cargo Centre Shenzhen (ICCS), officially registered as Shenzhen Airport International Cargo Terminal Co., Ltd. since 2004 as joint shareholders.

 

Lufthansa Cargo recently announced that time:matters Courier Terminals GmbH, a wholly owned subsidiary of time:matters GmbH, has signed a Memorandum of Understanding (MoU) with the International Cargo Centre Shenzhen. This marks a significant step toward establishing a successful collaboration in providing high-performance logistics handling services..

 

 

"With the International Cargo Centre Shenzhen (ICCS) having delivered high-quality cargo handling services for the past 20 years, this collaboration represents a forward-looking partnership in the logistics industry further enabling global business", said Ashwin Bhat, CEO of Lufthansa Cargo.

 

Wong Ching Hao Ben, general manager of Shenzhen Airport International Cargo Terminal Co., Ltd., noted that the MoU is the highlight of ICCS's overall corporate development strategy, which is in line with Shenzhen Airport Group's strategy and China's national strategic planning of the Greater Bay Area.

 

"The handling services and drive for innovation of both time:matters and ICCS complement each other ideally, with time:matters offering the fastest freight handling at the highest process quality on routes that run via our Courier Terminals in Frankfurt (FRA) and Shanghai (PVG), amongst others," said Bernhard zur Strassen, CEO of time:matters GmbH.

 

"This collaboration is expected to bring mutual benefits for both parties and further strengthen our global growth path in the logistics industry," he added.