Bear Cognition Unveils AI-Driven LTL Revenue Optimization System

Bear Cognition, based in Charleston, SC, has announced the launch of its LTL Revenue Optimization System. This AI-powered platform aims to transform less-than-truckload logistics operations. By integrating advanced data analytics with the Intelligent Document Processor (IDP), it seeks to enhance pricing and proposal processes. The system automates data intake from documents like invoices and bills of lading, aiming to boost profit margins by eliminating inefficiencies.

The IDP claims to cut manual data entry time by up to 90%, allowing logistics teams to focus more on customer relations and business growth. According to COO Mike Mullen, this system targets key challenges in data ingestion and pricing strategies, helping logistics teams enhance efficiency and profitability.

Features include fast document processing, AI-driven pricing intelligence, rapid proposal generation, and real-time cost analyses. Early adopters report time savings of up to 90% and increased gross margins on new contracts by 6%.