{"id":390,"date":"2021-12-16T19:20:57","date_gmt":"2021-12-16T19:20:57","guid":{"rendered":"https:\/\/argglobal.net\/blog\/?p=390"},"modified":"2023-03-01T22:49:20","modified_gmt":"2023-03-01T22:49:20","slug":"covid-19-increases-yields-but-revenue-leakages-abound","status":"publish","type":"post","link":"https:\/\/argglobal.net\/blog\/covid-19-increases-yields-but-revenue-leakages-abound\/","title":{"rendered":"COVID-19 increases yields but revenue leakages abound!"},"content":{"rendered":"<ul>\n<li>\u00a0Total TEU and shipment volume of 2H 2020 vs 1H 2020 are up. Demand continues strong due to:\n<ul>\n<li>Continued restocking demand<\/li>\n<li>High demand for \u201cstay at home\u201d goods\/PPE<\/li>\n<li>Pre CNY rush<\/li>\n<li>Limited Air Cargo capacity<\/li>\n<\/ul>\n<\/li>\n<li>Revenue yields are up\n<ul>\n<li>Capacity constraints and strong demand significantly drove up revenue yields in 2H 2020<\/li>\n<li>Demand remains strong. Hard to get space on premium service before CNY<\/li>\n<li>Constantly changing rate levels remain at their highest and are holding<\/li>\n<li>Increased trade imbalance and container shortages<\/li>\n<\/ul>\n<\/li>\n<li>Pricing has increased in complexity\n<ul>\n<li>More spot and\/or FAK rates application instead of contract rates<\/li>\n<li>Application of Premium Space Guarantee surcharges<\/li>\n<li>Increased differential between VOCC and NVOCC market<\/li>\n<\/ul>\n<\/li>\n<li>Revenue leakages have increased significantly, as have invoice adjustments, due to\n<ul>\n<li>Increased pricing complexity<\/li>\n<li>Increased frequency of pricing changes<\/li>\n<li>Fewer staff at the local terminals to validate data capture and pricing<\/li>\n<li>Fewer staff at corporate to validate &amp; process exceptions<\/li>\n<li>Virtual work environment<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Anyone interested in a\u00a0<strong>revenue recovery solution<\/strong>\u00a0should click\u00a0<a href=\"https:\/\/mailtrack.io\/trace\/link\/61090f38fcd9dd8c957a062511baef33972227a4?url=https%3A%2F%2Fdrive.google.com%2Ffile%2Fd%2F1TmrVZGlmTYUCI1q4r_X7ZybRKcmFvC8V%2Fview%3Fusp%3Dsharing&amp;userId=5461929&amp;signature=4442d2b7916746f7\" target=\"_blank\" rel=\"nofollow noopener\">here\u00a0<\/a>to learn more or visit\u00a0<a href=\"http:\/\/www.argglobal.net\/\" target=\"_blank\" rel=\"nofollow noopener\">www.argglobal.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Total TEU and shipment volume of 2H 2020 vs 1H 2020 are up. Demand continues strong due to: Continued restocking demand High demand for \u201cstay at home\u201d goods\/PPE Pre CNY rush Limited Air Cargo capacity Revenue yields are up Capacity constraints and strong demand significantly drove up revenue yields in 2H 2020 Demand remains strong. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[34,35],"_links":{"self":[{"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/posts\/390"}],"collection":[{"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/comments?post=390"}],"version-history":[{"count":8,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/posts\/390\/revisions"}],"predecessor-version":[{"id":406,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/posts\/390\/revisions\/406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/media\/391"}],"wp:attachment":[{"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/media?parent=390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/categories?post=390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/argglobal.net\/blog\/wp-json\/wp\/v2\/tags?post=390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}