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The benefit of advance load information for truckload carriers

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  • Zolfagharinia, Hossein
  • Haughton, Michael

Abstract

This paper models and measures the profit improvement trucking companies can achieve by collaborating with their clients to obtain advance load information (ALI). The main approach is to formulate a comprehensive and flexible mixed integer mathematical model and implement it in a dynamic rolling horizon context. The findings illustrate that access to the second and the third day ALI can improve the profit by averages of 22% and 6%, respectively. We also found that the impact of ALI depends on radius of service and trip length but is statistically independent of load density and fleet size.

Suggested Citation

  • Zolfagharinia, Hossein & Haughton, Michael, 2014. "The benefit of advance load information for truckload carriers," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 70(C), pages 34-54.
  • Handle: RePEc:eee:transe:v:70:y:2014:i:c:p:34-54
    DOI: 10.1016/j.tre.2014.06.012
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    Cited by:

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    5. Zhang, Jian & Woensel, Tom Van, 2023. "Dynamic vehicle routing with random requests: A literature review," International Journal of Production Economics, Elsevier, vol. 256(C).
    6. Zolfagharinia, Hossein & Haughton, Michael A., 2017. "Operational flexibility in the truckload trucking industry," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 437-460.
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    8. Pérez Rivera, Arturo E. & Mes, Martijn R.K., 2017. "Anticipatory freight selection in intermodal long-haul round-trips," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 105(C), pages 176-194.

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