time:matters replaces Fraport Cargo Services as Operator of the Terminal for Courier and Express Handling at Frankfurt Airport

time:matters courier terminal as the central contact point for courier and express handling at CargoCity North

Neu-Isenburg, (PresseBox) - At Frankfurt Airport's CargoCity North a change of the operators has taken place regarding the handling of express and courier shipments: time:matters GmbH has replaced Fraport Cargo Services GmbH (FCS) as the company mainly responsible. FCS will continue to play a central role as key cooperation partner. time:matters now directly operates the handling of express and courier shipments; both for its own customers as well as other logistics service providers (integrators and courier companies) and their respective customers. For customers this means merely the contact and contracting party has changed; even the processing facility remains the same: CargoCity North, building 455d.

"This provides time:matters, as the experts for courier, sameday and emergency logistics, with the highly interesting prospect of carrying out express and courier shipments handling at CargoCity North under its own responsiblity and control," says time:matters' CEO Franz-Joseph Miller, commenting on the change of the operators: "The customers can be sure that our high service standards with regards to speed, reliability and flexibility will also take effect in this additional service area - especially given the fact that we can completely rely on the competent and proven support of FCS." FCS Managing Director Uwe Klettenheimer emphasizes: "Due to the long-standing cooperation and customer relations, both service providers are well familiar with the demands of courier companies and integrators, which enables us to interlink our shared know-how and experience to form a customized and consequently optimal service for the customers."

Fraport Cargo Services GmbH (FCS) has for approximately the last 40 years been an established supplier at the largest European air cargo location Frankfurt am Main. The company, a wholly-owned subsidiary of Fraport AG, offers comprehensive cargo processing services for airlines, forwarding agencies and integrators. In the 48,000 square meter processing terminal at CargoCity South all types of air cargo can be processed both in terms of the physical act and documentation. In 2006 FCS processed 376,000 tons of air cargo and is with that the largest supplier of air cargo handling at CargoCity South. At CargoCity North FCS has its own terminal for the processing of express cargo at its disposal that will now be operated by time:matters. Both processing terminals are equipped with a direct connection to the airport apron area and excellent accessibility to the freeway network.

time:matters GmbH

the expert in courier, sameday and emergency logistics, offering each of its clients customized logistics solutions for particularly urgent or special logistics assignments. The Special Speed Solutions provided by time:matters worldwide are based on the high-speed and reliable transportation of highly urgent and particularly important consignments by air, rail and road. To this end, time:matters can access Lufthansa's entire network of scheduled flights and a number of flights offered by other partner airlines (i.e. Swiss International Air Lines): over 900 European and 100 intercontinental flights per day, and some 400 destinations in 90 countries. In addition 140 German train stations - through which InterCityExpress, EuroCity and InterCity trains pass - are currently available to time:matters. In 2006 time:matters opened its first foreign branch office in Zurich as a first step in extensive internationalization of its business model; in 2007 branch offices in Vienna and Shanghai were opened. Following a partial overtake of the company shares in 2006, time:matters - which is based in Neu-Isenburg close to Frankfurt am Main, Germany - is majority-owned by funds managed by the growth investor Buchanan Capital Partners. Lufthansa Cargo AG, which spun off time:matters in 2002, owns 49 percent of the company shares.

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