RTS in the News

Ethiopian Cargo & Logistics Services Partners with RTS on Cargo Revenue Management and Pricing Solutions

August 05, 2020 04:25 PM Eastern Daylight Time

ADDISON, Texas–(BUSINESS WIRE)–Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator and multi-award winner, has partnered with RTS on Cargo Revenue Management (Velocity) and Pricing (AcceleRate) Solutions

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.

Business Wire

Air Canada Cargo Goes Live with RTS Foresight as Their Revenue Planning and Sales Budgeting Solution

September 04, 2019 11:27 AM Eastern Daylight Time

ADDISON, Texas–(BUSINESS WIRE)–Revenue Technology Services (RTS) is pleased to announce that Air Canada, the largest airline of Canada by fleet size and passengers and cargo carried, has gone live with the RTS Foresight solution in the cargo division.

We are super pleased that Air Canada Cargo picked Foresight to automate revenue planning and sales budgeting. I look forward to a long and fruitful partnership with them

Business Wire

P&O Ferries Completes Upgrade to RTS Revenue Management Solution – Velocity and Cloud Implementation

October 24, 2018 08:08 AM Eastern Daylight Time

PLANO, Texas — (BUSINESS WIRE)–RTS is delighted to report that RTS revenue management (RM) solution, Velocity, moved into Production on 03rd October at P&O Ferries. RTS’ latest profit optimization solution release provides an extensive business intelligence component and supports improved management of demand forecasting and optimal space mix of passengers, vehicles, and cabins on P&O’s overnight North Sea, Irish Sea and Short Sea (Dover-Calais) routes.

P&O Ferries Completes Upgrade to RTS Revenue Management Solution – Velocity and Cloud Implementation

Business Wire

Revenue Technology Services (RTS) Will Host Its Annual Summit in Vienna, Austria from October 2-4, 2018 Bringing Together Its Customers, Partners, and Industry Thought Leaders

September 04, 2018 01:17 PM Eastern Daylight Time

ADDISON, Texas–(BUSINESS WIRE)–Revenue Technology Services (RTS), a Plano, Texas-based provider of profit optimization tools for the transportation industry welcomes you to its 2018 Annual Flagship Event in Vienna from October 2-4, 2018. The Summit will be attended by delegates representing both freight and passenger businesses of airlines and cruise ferries from around the world such as United, Delta, Air Canada, Turkish Cargo, Saudia Cargo, Fjord Line, Color Line, P&O Ferries, Brittany Ferries. The Summit revolves around the theme “Outperform” and commences at 6.30 PM on October 2nd with registration and a cocktail reception unfolding into presentations by external speakers and breakout sessions on pricing, revenue management, scheduling, revenue planning, profit optimization on October 3rd and 4th.

Come join us to learn how to Outperform your competition and your own best performance

Business Wire

RTS Waitlist Management Module Returns Results at Brittany Ferries Freight

April 27, 2018 11:44 AM Eastern Daylight Time

PLANO, Texas–(BUSINESS WIRE)–RTS and Brittany Ferries developed the first Freight Profit Optimization system for Cruise/Ferry, which was also integrated with their RTS Passenger Profit Optimization system.

Once again we were very pleased to team up with Brittany Ferries Freight to combine ideas in our ongoing spirit of co-operation and partnership. These benefits have outperformed and exceed even RTS expectations.

Business Wire

Marine Atlantic Incorporated implements SchedOpt solution from Revenue Technology Services (RTS)

August 19, 2016 11:47 Eastern Daylight Time

PLANO, Texas–(RTS NEWS)–We are pleased to announce that Marine Atlantic Incorporated (MAI), a ferry operator based in Canada has gone live with SchedOpt in April 2016. The solution considers key operational constraints such as capacities, dock times, co-docking constraints, and maintenance requirements. It provides the capability to optimally generate schedules by season, week, or for the entire year and allows editing/what-if analysis of schedules by the users.

SchedOpt is the first commercially available Ferry scheduling solution incorporating sophisticated demand forecasting and schedule optimization algorithms to optimally allocate ships to routes after considering a number of operational scheduling parameters using a business rules engine.

RTS News

Brittany Ferries Goes Live With RTS CargoProfitOpt Solution

September 21, 2015 17:26 Eastern Daylight Time

PLANO, Texas–(NEWSWIRE)–Revenue Technology Services corp (RTS Corp) is pleased to announce that Brittany Ferries Freight division has gone live with the second phase of the RTS CargoProfitOpt as the solution to meet its freight revenue management requirements.  The second phase of the implementation included Demand Forecasting, Bid Price Optimization, Customer Value and Wait List Management modules. The first phase of the solution included capacity management modules and has been live since 3rd quarter of 2014.

Brittany Ferries Freight division has gone live with the second phase of the RTS CargoProfitOpt, as the solution to meet its freight revenue management requirements.

Business Wire

United Airlines Cargo Goes Live With RTS Cargo Revenue Management Solution

August 31, 2015 11:00 AM Eastern Daylight Time

PLANO, Texas–(NEWSWIRE)–United Airlines went live with RTS CargoProfitOpt – capacity management module to forecast capacities, predict show up behavior, and compute optimal overbooking levels. Apart from updating these values in the United Cargo’s reservations system, the RTS solution also reacts to schedule changes and re-forecast values in real time.

United Airlines, one of world’s largest airlines serving over 373 destinations across six continents has gone live with the RTS CargoProfitOpt solution to manage its cargo revenue management requirements.

Business Wire

Fjord Line Selects RTS ProfitOpt Solution

May 04, 2015 13:11 Eastern Daylight Time

PLANO, Texas–(NEWSWIRE)–With  RTS ProfitOpt  implementation having gone live at Fjord Line in January 2015, RTS adds to the growing list of Cruise Ferry organizations already using the RTS solution and to  list of accomplishments in its long history of 33 years.

RTS is pleased to announce that Fjord Line, a cruise ferry operator based in Bergen, Norway, has selected RTS ProfitOpt as their passenger revenue management solution.

NEWSWIRE

Finnair Cargo partners with RTS

March 25, 2015 09:32 Eastern Daylight Time

PLANO, Texas–(PRLOG)–We are pleased to announce that Finnair Cargo has begun a partnership with Revenue Technology Services (RTS)in the cargo area.

We are pleased to announce that Finnair Cargo has begun a partnership with Revenue Technology Services (RTS)in the cargo area.

Business Wire

Brittany Ferries selects RTS CargoProfitOpt solution

May 14, 2014 10:30 AM Eastern Daylight Time

PLANO, Texas–(LIGHTNING RELEASES)–Revenue Technology Services (RTS) is pleased to announce that Brittany Ferries Freight division has selected RTS CargoProfitOpt as the solution to meet its freight revenue management requirements. Once implemented, this will be the ferry industry’s first such solution.

RTS adds to its list of several firsts in its long history of 32 years; first passenger revenue management solution developed for Republic Airways, first cargo price optimization solution for Virgin Atlantic Cargo, and now the first revenue management solution for the freight ferry market for Brittany Ferries.

Lightning Releases

Virgin Atlantic Cargo Goes live with Phase 2 of RTS CargoPriceOpt Solution

October 15, 2013 08:30 Eastern Time

PLANO, Texas–(WebWire)–Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Virgin Atlantic Cargo, the world’s leading cargo airline achieved successful delivery of phase 2 of the RTS CargoPriceOpt solution implementation.

RTS CargoPriceOpt is a comprehensive pricing decision support system for the cargo industry that considers multiple factors such as competition, customer value, price elasticity and costs to recommend prices.

Pricing Decision Support Software is suited for cargo industry

February 06, 2013 08:30 Eastern Time

PLANO, Texas–(ThomasNet)–Revenue Technology Services (RTS), a Plano, Texas provider of profitability optimization tools for the transportation industry, announced today the successful launch of CargoPriceOpt. This is a comprehensive pricing decision support system for the cargo industry that considers multiple factors such as the competition, customer value, price elasticity, and costs to recommend prices. In addition, CargoPriceOpt has the capability to update pricing as needed.

RTS Announces the Release of CargoPriceOpt, a Pricing Decision Support Solution for the Cargo Industry.

RTS Announces the Release of CargoPriceOpt, A Pricing Decision Support Solution for the Cargo Industry

January 30, 2013 08:30 Eastern Time

PLANO, Texas–(PRNewswire)–Revenue Technology Services (RTS), a Plano, Texas provider of profitability optimization tools for the transportation industry, announced today the successful launch of CargoPriceOpt. This is a comprehensive pricing decision support system for the cargo industry that considers multiple factors such as the competition, customer value, price elasticity, and costs to recommend prices. In addition, CargoPriceOpt has the capability to update pricing as needed.

CargoPriceOpt 2012.0 primarily helps airlines and other cargo customers overcome the challenges of understanding the competition, customer, and product by providing customer value scores that help in determining prices for various markets.

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