4357. Optimizing Multi-Stakeholder Freight Transportation Systems: Resource Allocation Strategies and the Economic Value of Reliability
Invited abstract in session HE-51: Hub and Service Network Design, stream Hub Location and Network Design.
Thursday, 14:15-15:45Room: HG – Seminar-Raum Geschichte 1 (1st floor, st. 10)
Authors (first author is the speaker)
| 1. | Mojtaba Hosseini
|
| Business Analytics, University of Iowa | |
| 2. | Gita Taherkhani
|
| Supply Chain Management, Loyola University | |
| 3. | Ali Hassanzadeh
|
| Alliance Manchester Business School, University of Manchester |
Abstract
This study examines capacity planning and service network design in less-than-truckload freight systems coordinated through a M1M platform matching shippers with carriers. We incorporate heterogeneous resource types and integrate strategic capacity allocation with tactical service network design. We develop a stochastic, risk-aware model using CVaR to produce resilient transportation plans that balance profitability, reliability, and operational stability. We present an several exact and approximate solution methods based on Benders decomposition to tackle large instances.
Keywords
- Network Design
- Intelligent Transportation Systems
- Transportation
Status: accepted
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