Spot Market versus Full Charter Fleet: Decisions Support for Full Truck Load Tenders

Veaceslav Ghilas; Ivo Hedtke; Joachim Weise; Tom van Woensel

doi:10.48550/arXiv.2110.15388

Spot Market versus Full Charter Fleet: Decisions Support for Full Truck Load Tenders

Veaceslav Ghilas, Ivo Hedtke (Corresponding author), Joachim Weise, Tom van Woensel

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This paper presents an approach to help business decision-makers gain market share by providing competitive tender offers for Full-Truck-Load (FTL) services. In particular, we compare operating a fleet of Full-Charter-Trucks (FCT), using spot-market (SM) capacity and a mixture of both options against each other. A Pickup and Delivery Problem is modeled, and solved using an Adaptive Large Neighborhood Search heuristic. Computational results indicate strong service benefits combining FCT and SM usage. Numerical experiments are presented in detail to support the findings. Additionally, a real-life case study originating from DB Schenker is presented.

Originele taal-2	Engels
Artikelnummer	2110.15388
Aantal pagina's	22
Tijdschrift	arXiv
Volume	2021
DOI's	https://doi.org/10.48550/arXiv.2110.15388
Status	Gepubliceerd - 26 okt. 2021

Bibliografische nota

22 pages, 4 figures, 9 tables

Trefwoorden

math.OC
90-05, 90B90, 90B06, 90B35

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10.48550/arXiv.2110.15388

2110.15388v1Definitieve gepubliceerde versie, 953 KB

https://arxiv.org/abs/2110.15388

Citeer dit

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