Beating revenue leakage: software can help cargo carriers paper over the cracks

© Khunaspix Dreamstime.

Cargo carriers around the world are currently looking at the same issue: revenue leakage. Increased competition placed an immense strain on profitability for air and ocean cargo carriers, forcing them to look at other ways to reduce business costs.

As a result, technology that can help regain lost revenue is becoming one of the industry’s single greatest growth opportunities.

Revenue leaks afflict every stage of the shipment lifecycle – from quoting and contract management to reservations, shipping and billing – and they ...