Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator and and one of the major global cargo carriers has partnered with Revenue Technology Services (RTS) on Cargo Revenue Management (Velocity) and Pricing (AcceleRate) Solutions.
Revenue maximisation would be achieved using an automated decision-making system that would be accurately forecasting cargo capacity by flight and a price range for evaluating pricing requests. It will also help allocate capacity to the appropriate products in such a way that maximises profit.
“We are very optimistic that having Revenue Management and Pricing system will help us to maximise revenue by utilising the available capacity for high yield cargos,” stated Fitsum Abady, MD Ethiopian Cargo & Logistics Services.
Raja Kasilingam, President of RTS remarked, “We are delighted to welcome Ethiopian Cargo and Logistics Services to our rapidly growing cargo community. Ethiopian Cargo and Logistics Services is our first cargo customer in Africa and we are quite excited to partner with Africa’s largest cargo operator on multiple solutions to improve network wide profitability.”
RTS offers solutions and services that help our customers to increase their margins, improve their customer experience, enhance productivity of their employees, and support their growth.
Mukundh Parthasarathy, Senior Vice President for Revenue Technology Services said, “We are super pleased that Ethiopian picked Velocity and AcceleRate to automate revenue management and pricing. At the rate at which Ethiopian Cargo is growing, the solution would be instrumental in automating the revenue and pricing management.”