An Iterative Request Exchange Mechanism for Carrier Collaboration in Less than Truckload Transportation

Xiaohui Lyu, Haoxun Chen, Nengmin Wang

2019

Abstract

In carrier collaboration, multiple carriers form an alliance and exchange some of their transportation requests to improve the overall profit of the alliance and the individual profit of each carrier. In this paper, we propose a mechanism for the request exchange with limited information sharing among the carriers. In each round of the mechanism, each carrier first outsources multiple bundles of requests with the corresponding transfer payments and then insources bundles of requests from other carriers. The auctioneer reassigns bundles of requests among carriers based on the outsourcing bundles and insourcing bundles of requests. The auction mechanism iterates until a certain criterion is met. Numerical experiments on randomly generated instances show that our iterative request exchange mechanism can provide high quality solutions.

Paper Citation

in Harvard Style

Lyu X., Chen H. and Wang N. (2019). An Iterative Request Exchange Mechanism for Carrier Collaboration in Less than Truckload Transportation.In Proceedings of the 8th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, ISBN 978-989-758-352-0, pages 299-306. DOI: 10.5220/0007368602990306

in Bibtex Style

@conference{icores19,
author={Xiaohui Lyu and Haoxun Chen and Nengmin Wang},
title={An Iterative Request Exchange Mechanism for Carrier Collaboration in Less than Truckload Transportation},
booktitle={Proceedings of the 8th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,},
year={2019},
pages={299-306},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007368602990306},
isbn={978-989-758-352-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 8th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,
TI - An Iterative Request Exchange Mechanism for Carrier Collaboration in Less than Truckload Transportation
SN - 978-989-758-352-0
AU - Lyu X.
AU - Chen H.
AU - Wang N.
PY - 2019
SP - 299
EP - 306
DO - 10.5220/0007368602990306