JOC Staff | Jan 30, 2013 12:26PM EST
Revenue Technology Services, a Plano, Texas-based transportation technology company, has launched CargoPriceOpt, a pricing decision support system for the cargo industry.
The company said the system is intended to help airlines and other cargo customersuse multiple factors, including competition, price elasticity and costs, to establish prices for various markets.
The current version was released in September 2012 and was successfully implemented at Virgin Atlantic Cargo in October 2012, RTS said.