Title

Impacts of Auction Settings on the Performance of Truckload Transportation Marketplaces

Published In

Transportation Research Record: Journal of the Transportation Research Board

Document Type

Article

Publication Date

2006

Subjects

Logistics, Freight and freightage -- Mathematical models, Transportation planning -- Simulations

Abstract

The performance of different sequential auction settings for the procurement of truckload services is compared. In this environment, demands arrive randomly over time and are described by pickup and delivery locations and hard time windows. When loads arrive, carriers compete for their transport. Different auction and information disclosure settings are studied. Learning methodologies are discussed and analyzed. Simulation results are presented.

Description

Copyright, National Academy of Sciences. Posted with permission of the Transportation Research Board. None of this material may be presented to imply endorsement by TRB of a product, method, practice, or policy.

DOI

10.3141/1906-11