Stock Report

Tiger Logistics Launches its Digital Freight Platform 'FreightJar'



Posted On : 2023-04-17 23:57:43( TIMEZONE : IST )

Tiger Logistics Launches its Digital Freight Platform 'FreightJar'

Tiger Logistics (India) Ltd., a leading third-party logistics company with expertise in international cargo and project logistics, has launched its digital product "FreightJar".

FreightJar is a digital logistics platform which aims to streamline freight booking and management in international logistics. The platform's intuitive interface and comprehensive features have been designed to enhance operational efficiency, enabling exporters and importers to manage their shipping requirements more efficiently.

FreightJar enables users to access real-time freight rates, book freight instantly, automate documentation, and track shipments for improved accessibility, visibility, and transparency in their supply chains. Furthermore, FreightJar offers Cargo Value Financing solutions to exporters, providing them with the ability to manage cash flow and apply for collateral-free financing options.

FreightJar represents a significant leap forward in the digitization of logistics operations, enabling businesses to streamline their freight booking and management processes, and providing access to supply chain financing options to support business growth.

This company's platform gives over 63 million SMEs and MSMEs access to competitive freight rates and reputable freight forwarders and shipping lines. The product enables exporters and importers to monitor their shipment and delivery schedules, providing the necessary information for making informed decisions. Additionally, SMEs & MSMEs are able to:

- Instant Quotes & Booking: Saves time by discovering the best freight rates from Multiple Shipping Lines and allowing you to book instantly.
- Automated Documentation: Avoids the hassle of communicating through multiple email and phone calls & locating documents.
- End-to-End Shipment Tracking: Offers real-time shipment tracking for enhanced supply chain visibility.
- Cargo Value Financing: Allows Exporters to manage cash flow and apply for collateral-free financing options.
- Time-Saving: Save 5X - 10X Time in Booking their Shipment
- Transparency: Get Full transparency on Billing & Transactions
- E-Payment: Make E-payment for their order

Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs. 360.10 as compared to the previous close of Rs. 368.55. The total number of shares traded during the day was 7071 in over 147 trades.

The stock hit an intraday high of Rs. 375.90 and intraday low of 356.20. The net turnover during the day was Rs. 2568176.00.

Source : Equity Bulls

Keywords

TigerLogisticsIndia INE906O01011 DigitalProduct FreightJar