TBO Group diversifies into cargo trade

The COVID-19 pandemic has altered air cargo dynamics. The cargo industry has seen a rapid rise in terms of cargo volume and importance, whether in the shadow of passenger airlines or marine logistics.

TBO Group has launched TBO Cargo with its firstever office in New Delhi, India. The company will act as a facilitator for agents to get the best prices for shipping cargo via airlines. With this amalgamation of the brand, TBO will not only be able to serve the travel agents who are assisting in transporting cargo but will also act as a new opportunity for travel agents to tap into a new stream of business.

Ankush Nijhawan, Co-Founder of TBO Group and Managing Director, Nijhawan Group said, “With increased consumer demand, logistics and supply chain management is the need of the hour. We have an edge over advantage of being a leader in the travel industry for decades, we do see ourselves gaining a market share soon enough to cross-sell to our travel partners and gain momentum in the cargo trade.”

Acting as a freight forwarder, the company will assist in arranging commercial transportation for the cargo of other firms. At the moment, TBO Cargo will be catering to requests for only airway logistics but will diversify into ocean cargo in the long future. The company also has planned to expand to Mumbai, Ahmedabad and other major cities in India by 2021.

The economic growth of the country and globalisation are the major factors driving the cargo business. Today, the sector retains an indispensable position, with emphasis on developing countries.