Memorandum of Understanding between time:matters Courier Terminals GmbH and International Cargo Centre Shenzhen (ICCS) signed

Lufthansa Cargo’s subsidiary time:matters GmbH and Shenzhen Airport Group Co., Ltd. have agreed to deepen their relationship with a focus on logistics handling services. Shenzhen Airport, located in the Guangdong-Hong Kong-Macao Greater Bay Area, is a key player in the e-commerce industry, experiencing a significant increase in air transport volume for cross-border e-commerce. Lufthansa Cargo 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. Furthermore, 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.

Last week, time:matters Courier Terminals GmbH, a wholly owned subsidiary of time:matters GmbH, signed a Memorandum of Understanding with the International Cargo Centre Shenzhen, marking a significant step towards a successful collaboration in delivering high-performance logistics handling services. The two companies have agreed to build a future-oriented relationship.

“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”, stated Ashwin Bhat, CEO of Lufthansa Cargo, who witnessed the ceremonial signing in Frankfurt.

Wong Ching Hao Ben, General Manager of Shenzhen Airport International Cargo Terminal Co., Ltd. shared at the MoU signing ceremony, “It’s the highlight of ICCS 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 fastest freight handling at 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.”

(f.l.t.r.) Lars Krosch (COO time:matters GmbH), Dong Zhengli (Deputy General Manager of Shenzhen Airport Logistics Development CO., LTD), Ying Xuemin (Chairman of Shenzhen Airport Logistics Development CO., LTD), Lin Xiaolong (General Manager of Shenzhen Airport Group), Heike Woerner (Head of Business Development LCAG), Ashwin Bhat (CEO LCAG), Bernhard zur Strassen (CEO time:matters GmbH), Jenny Peng (Senior Manager Sales & Marketing of ICCS), Wong Ching Hao Ben (General Manager of ICCS), Eric Schmandt (Director Operations time:matters Courier Terminals GmbH), Stefan Fölsing (Managing Director time:matters Courier Terminals GmbH).