Combinatorial clock-proxy exchange for carrier collaboration in less than truck load transportation

A carrier collaboration problem in less-than-truck load transportation is considered, where multiple carriers exchange their pickup and delivery requests in order to improve their operational efficiency. The authors extend the clock-proxy auction proposed by Ausubel et al. (2006) to a combinatorial clock-proxy exchange for the problem. This mechanism combines the price discovery of the clock exchange designed based on Lagrangian relaxation with the efficiency of the proxy exchange determined based on the information observed in the clock phase. Numerical experiments on randomly generated instances demonstrate the necessity of the proxy phase and the effectiveness of the clock-proxy exchange.

• Record URL:
  • https://doi.org/10.1016/j.tre.2016.04.008
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S1366554515302738
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Chen, Haoxun
• Publication Date: 2016-7

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; References; Tables;
• Pagination: pp 152-172
• Serial:
  • Transportation Research Part E: Logistics and Transportation Review
  • Volume: 91
  • Publisher: Elsevier
  • ISSN: 1366-5545
  • Serial URL: http://www.sciencedirect.com/science/journal/13665545

Subject/Index Terms

• TRT Terms: Carriers; Cooperation; Less than truckload traffic; Logistics; Pickup and delivery service
• Subject Areas: Freight Transportation; Planning and Forecasting;

Filing Info

• Accession Number: 01602235
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 20 2016 10:27AM