Tiger Logistics Introduces CUBOX A Smarter Shipping Solution for Smaller Shipments
Tiger Logistics, a prominent player in the global logistics sector, has unveiled its innovative solution, CUBOX, designed to provide an efficient, cost-effective alternative for smaller shipments. This new service targets the Less-than-Container Load (LCL) market, focusing on providing seamless export and import solutions for forwarders and logistics companies in India.
CUBOX is a consolidation service that enables multiple smaller shipments to be combined into one container, making it an ideal choice for businesses with limited volumes of cargo. This service addresses the rising demand for affordable and reliable international ocean freight solutions, specifically for India’s LCL market, which has become increasingly fragmented and competitive. The launch of CUBOX comes at a time when the demand for flexible, cost-efficient shipping solutions is growing rapidly in India, particularly among businesses in the Western and Northern regions. As Tiger Logistics aims to expand into the Southern parts of India, the company anticipates generating an annual revenue exceeding ₹100 crore from its B2B market strategy.
Harpreet Singh Malhotra, Chairman and Managing Director of Tiger Logistics, highlighted the strategic significance of CUBOX in the logistics industry. “CUBOX will open new revenue streams and strengthen our competitive advantage globally. It’s designed to transform the fragmented LCL market in India by offering cost-effective, flexible, and efficient ocean freight solutions for logistics and forwarding companies,” Malhotra stated. With its focus on operational efficiency and enhanced customer experience, CUBOX provides a smarter way to ship smaller volumes of goods. By consolidating freight from multiple sources, it helps businesses reduce costs and improve shipping timelines. This is especially beneficial for smaller enterprises or those looking for reliable yet economical shipping options.
The Indian LCL market is seeing significant growth, driven by a combination of factors including increased demand for international trade, especially in the B2B space, and a shift toward more efficient and sustainable shipping practices. As companies seek solutions that are both flexible and cost-effective, CUBOX is poised to tap into this rising trend by offering a service that can accommodate diverse shipping needs while optimising freight rates. In a statement regarding the future impact of CUBOX, Malhotra emphasized that the service was strategically designed to capitalise on this market demand. “India’s LCL market is primed for growth, driven by a growing need for dependable and economical shipping solutions. CUBOX is designed to bridge the gap between forwarders and shippers, providing efficient, consolidated freight options.”
Tiger Logistics is also seeing robust financial growth, further validating the market’s demand for services like CUBOX. In its third-quarter results for FY2025, the company reported a more than twofold increase in consolidated profit after tax (PAT), rising to ₹8.42 crore compared to ₹3.68 crore in the same period the previous year. Revenues surged more than threefold, reaching ₹160.46 crore from ₹51.95 crore in the previous year’s quarter. This surge in profitability and revenue growth is attributed to increased deliveries and improved operational efficiency, setting the stage for even greater success as Tiger Logistics expands its offerings.
As Tiger Logistics positions CUBOX as a key player in the evolving logistics landscape, the company is focused on capturing a substantial share of the LCL market in India. With plans to expand into Southern India and continued investment in infrastructure and customer service, the company is poised to meet the increasing demand for international shipping solutions that offer both cost-efficiency and reliability. The introduction of CUBOX represents a significant step in Tiger Logistics’ expansion strategy and its commitment to revolutionising the shipping industry. By providing an optimised, flexible solution for smaller shipments, Tiger Logistics is set to redefine the LCL market in India, offering businesses an enhanced way to manage their global supply chains.
