Abstract

This paper addresses the deterministic dynamic single carrier collaboration problem for the small- to medium-sized less-than-truckload (LTL) industry. It is formulated as a binary (0–1) multi-commodity minimum cost flow problem and solved using a branch-and-cut algorithm. Its inherent network structure is exploited to generate the lower bounds to the branch-and-cut algorithm using the network simplex method and by relaxing the integrality constraints. Results from numerical experiments indicate inherent trade-offs at the higher degrees of collaboration between waiting for more affordable collaborative capacity and incurring higher holding costs. They also suggest that collaborating LTL carriers experience increased capacity utilization.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.