Transportation pricing of a truckload carrier
Please cite this item using this persistent URLhttp://hdl.handle.net/11693/21731
European Journal of Operational Research
- Research Paper 
Freight transportation is a major component of logistical operations. Due to the increase in global trade, fierce competition among shippers and raising concerns about energy, companies are putting more emphasis on effective management and usage of transportation services. This paper studies the transportation pricing problem of a truckload carrier in a setting that consists of a retailer, a truckload carrier and a less than truckload carrier. In this setting, the truckload carrier makes his/her pricing decision based on previous knowledge on the less than truckload carrier's price schedule and the retailer's ordering behavior. The retailer then makes a determination of his/her order quantity through an integrated model that explicitly considers the transportation alternatives, and the related costs (i.e., bimodal transportation costs) and capacities. In the paper, the retailer's replenishment problem and the truckload carrier's pricing problem are modeled and solved based on a detailed analysis. Numerical evidence shows that the truckload carrier may increase his/her gainings significantly through better pricing and there is further opportunity of savings if the truckload carrier and the retailer coordinate their decisions. © 2011 Elsevier B.V. All rights reserved.
Showing items related by title, author, creator and subject.
The impact of Organic Anion-Transporting Polypeptides (OATPs) on disposition and toxicity of antitumor drugs: Insights from knockout and humanized mice Durmus S.; van Hoppe S.; Schinkel A.H. (Churchill Livingstone, 2016)It is now widely accepted that organic anion-transporting polypeptides (OATPs), especially members of the OATP1A/1B family, can have a major impact on the disposition and elimination of a variety of endogenous molecules ...
Mrazovic P.; Eravci B.; Larriba-Pey J.L.; Ferhatosmanoglu H.; Matskin M. (Institute of Electrical and Electronics Engineers Inc., 2017)Among different components of urban mobility, urban freight transport is usually considered as the least sustainable. Limited traffic infrastructures and increasing demands in dense urban regions lead to frequent delivery ...
Analysis and applications of replenishment problems under stepwise transportation costs and generalized wholesale prices Konur, D.; Toptal, A. (2012)In this study, we analyze the replenishment decision of a buyer with the objective of maximizing total expected profits. The buyer faces stepwise freight costs in inbound transportation and a hybrid wholesale price schedule ...