Name
Abstract | ||
|---|---|---|
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. |
Year | DOI | Venue |
|---|---|---|
2011 | 10.1287/trsc.1100.0327 | Transportation Science |
Keywords | Field | DocType |
collaborative opportunity,lane-exchange mechanisms,truckload transportation,costs savings opportunity,truckload carrier,operating expense,high fuel price,optimization model,trucking industry,maximum benefit,new idea,transportation request,cooperation,optimization,payment | Data sharing,Trucking industry,Profit margin,Payment,Operating expense,Mathematics,Operations management,Information sharing | Journal |
Volume | Issue | ISSN |
45 | 1 | 0041-1655 |
Citations | PageRank | References |
32 | 1.17 | 8 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Okan Örsan Özener | 1 | 102 | 7.65 |
| Özlem Ergun | 2 | 776 | 46.06 |
| Martin Savelsbergh | 3 | 2624 | 190.83 |