Solving the integrated shipment routing problem of a less-than-truckload carrier

Title Solving the integrated shipment routing problem of a less-than-truckload carrier
Author Özener, Okan Örsan
Publication Date: 2017
Publication Place - Elsevier
Subject Less-than-truckload shipping, Vehicle routing problem, Shipment routing, Integrated routing decisions
Type Periodical
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 2-s2.0-85039729201
Record ID f11d6ad6-eb5c-4118-8f59-63400a705251
Library Location Industrial Engineering
Date 2017
Sample Text We study a less-than-truckload (LTL) transportation network and investigate the potential benefits of implementing an integrated solution approach for shipment routing throughout this network. In LTL transportation, shipments are first delivered to local hubs to be consolidated, then transferred to another hub, and finally sent to their destinations. This routing planning process involves three routing decisions: (i) from origins to hubs,(ii) between hubs, and (iii) from hubs to destinations. These decisions are usually handled in a sequential manner due to the complexity of these individual problems, which may result in suboptimal solutions. In this study, we develop an integrated framework for solving all of these decision problems simultaneously. We propose an optimization-driven approach that can efficiently handle large instances with thousands of loads and provides solutions with significant cost savings over the sequential approach.
DOI 10.1016/j.dam.2017.11.034
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Solving the integrated shipment routing problem of a less-than-truckload carrier

Author Özener, Okan Örsan
Publication Date 2017
Publication Place - Elsevier
Subject Less-than-truckload shipping, Vehicle routing problem, Shipment routing, Integrated routing decisions
Type Periodical
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 2-s2.0-85039729201
Record ID f11d6ad6-eb5c-4118-8f59-63400a705251
Library Location Industrial Engineering
Date 2017
Sample Text We study a less-than-truckload (LTL) transportation network and investigate the potential benefits of implementing an integrated solution approach for shipment routing throughout this network. In LTL transportation, shipments are first delivered to local hubs to be consolidated, then transferred to another hub, and finally sent to their destinations. This routing planning process involves three routing decisions: (i) from origins to hubs,(ii) between hubs, and (iii) from hubs to destinations. These decisions are usually handled in a sequential manner due to the complexity of these individual problems, which may result in suboptimal solutions. In this study, we develop an integrated framework for solving all of these decision problems simultaneously. We propose an optimization-driven approach that can efficiently handle large instances with thousands of loads and provides solutions with significant cost savings over the sequential approach.
DOI 10.1016/j.dam.2017.11.034
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