Lane-exchange mechanisms for truckload carrier collaboration

Title Lane-exchange mechanisms for truckload carrier collaboration
Author Özener, Okan Örsan, Ergun, Ö., Savelsbergh, M.
Publication Date: 2011-02
Publication Place - Informs
Subject Carrier collaboration, Truckload shipping, Lane-covering problem, Lane exchanges
Type Periodical
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 0041-1655
Record ID af9d08f7-ae45-44fa-a5de-5b0fc4e1dd5b
Library Location Industrial Engineering
Date 2011-02
Notes Due to copyright restrictions, the access to the full text of this article is only available via subscription.
Sample Text Because of historically high fuel prices, the trucking industry's operating expenses are higher than ever and thus profit margins are lower than ever. To cut costs, the trucking industry is searching for and exploring new ideas. We investigate the potential of collaborative opportunities in truckload transportation. When carriers serve transportation requests from many shippers, they may be able to reduce their repositioning costs by exchanging one or more of them. We develop optimization models to determine the maximum benefit that can be derived from collaborating. We also develop various exchange mechanisms which differ in terms of information sharing requirements and side payment options that allow carriers to realize some or all of the costs savings opportunities.
DOI 10.1287/trsc.1100.0327
Cilt 45
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Lane-exchange mechanisms for truckload carrier collaboration

Author Özener, Okan Örsan, Ergun, Ö., Savelsbergh, M.
Publication Date 2011-02
Publication Place - Informs
Subject Carrier collaboration, Truckload shipping, Lane-covering problem, Lane exchanges
Type Periodical
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 0041-1655
Record ID af9d08f7-ae45-44fa-a5de-5b0fc4e1dd5b
Library Location Industrial Engineering
Date 2011-02
Notes Due to copyright restrictions, the access to the full text of this article is only available via subscription.
Sample Text Because of historically high fuel prices, the trucking industry's operating expenses are higher than ever and thus profit margins are lower than ever. To cut costs, the trucking industry is searching for and exploring new ideas. We investigate the potential of collaborative opportunities in truckload transportation. When carriers serve transportation requests from many shippers, they may be able to reduce their repositioning costs by exchanging one or more of them. We develop optimization models to determine the maximum benefit that can be derived from collaborating. We also develop various exchange mechanisms which differ in terms of information sharing requirements and side payment options that allow carriers to realize some or all of the costs savings opportunities.
DOI 10.1287/trsc.1100.0327
Cilt 45
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