How do you set contract and spot rates today? If your pricing is based largely on personal experience, gut instinct or manual/non-integrated processes, chances are it is making your margins inconsistent and more likely, it is hurting your bottom line.
Today, smart transportation and logistics companies are taking a better approach. They are utilizing analytics to uncover revenue leaks and using the power of data science to determine the prices that should be set. By doing so, transportation and logistics companies can drive a 2-5% increase in revenue - which is significant growth in an industry ripe with competition and complexity.
Read this white paper to learn about the main causes of revenue leakage and how to combat them with analytics and price guidance.
