Ethiopian Cargo implements RTS solution for cargo revenue management
Ethiopian Cargo & Logistics Services has partnered with RTS on cargo revenue management (Velocity) and pricing (AcceleRate) Solutions.
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.”
Mukundh Parthasarathy, senior vice president for Revenue Technology Services chimed in, “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.”
Fitsum Abady, MD Ethiopian Cargo and Logistics Services stated, “We are very optimistic that having Revenue Management and Pricing system will help us to maximize revenue by utilizing 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.”