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