Ethiopian Cargo partners with RTS on cargo revenue management & pricing solutions

Ethiopian Cargo & Logistics Services has partnered with RTS on cargo revenue management (velocity) and pricing (AcceleRate) solutions. Fitsum Abady, MD, Ethiopian Cargo & Logistics Services states, “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. This revenue maximization 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 also helps allocate capacity to the appropriate products in such a way that maximizes profit. “
According to Mukundh Parthasarathy, Senior Vice President for Revenue Technology Services, “At the rate at which Ethiopian Cargo is growing, the solution would be instrumental in automating the revenue and pricing management.”