GENERATING PRICE QUOTES PASSING DYNAMIC HURDLE RATES WITH REAL-TIME CAPACITY USING A LOGISTICS MANAGEMENT SYSTEM (LMS)
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United States of America Patent
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Issued Date -
May 19, 2016
app pub date -
Nov 17, 2014
filing date -
Nov 17, 2014
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Abstract
A logistics management system (LMS) may include receiving, at a server, a reservation request from a requestor for a booking on an air carrier's cargo hold for a designated route; generating, by the server, a price quote for the booking based, at least in part, upon the designated route and booking characteristics; and receiving a hurdle rate for the route; and comparing the price quote to the hurdle rate to determine whether to confirm the booking to ship the cargo.
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