Location-based distribution estimation for stochastic bid price optimization

References

• Ağralı, S., B. Tan, and F. Karaesmen. 2008. “Modeling and Analysis of an Auction- Based Logistics Market.” European Journal of Operational Research 191 (1): 272–294. doi:10.1016/j.ejor.2007.08.018.
   Web of Science ®Google Scholar
• Bignell, A. (Andrew Souglas). 2013. “Characteristics of Spot-market Rate Indexes for Truckload Transportation.” Thesis, Massachusetts, Institute of Technology. Accessed 22 September 2019. https://dspace.mit.edu/handle/1721.1/81094.
   Google Scholar
• Budak, A., A. Ustundag, and B. Guloglu. 2017. “A Forecasting Approach for Truck- Load Spot Market Pricing.” Transportation Research Part A: Policy and Practice 97: 55–68.
   Web of Science ®Google Scholar
• Day, R. W., and S. Raghavan. 2009. “Matrix Bidding in Combinatorial Auctions.” Operations Research 57 (4): 916–933. doi:10.1287/opre.1080.0637.
   Web of Science ®Google Scholar
• Ergun, O., G. Kuyzu, and M. Savelsbergh. 2007. “Reducing Truckload Transportation Costs through Collaboration.” Transportation Science 41 (2): 206–221. doi:10.1287/trsc.1060.0169.
   Web of Science ®Google Scholar
• Figliozzi, M. A., H. S. Mahmassani, and P. Jaillet. 2007. “Pricing in Dynamic Vehicle Routing Problems.” Transportation Science 41 (3): 302–318. doi:10.1287/trsc.1070.0193.
   Web of Science ®Google Scholar
• Friedman, D. 1993. “The Double Auction Market Institution: A Survey.” The Double Auction Market: Institutions, Theories, and Evidence 14: 3–25.
   Google Scholar
• Gansterer, M., and R. F. Hartl. 2016. “Request Evaluation Strategies for Carriers in Auction-based Collaborations.” OR Spectrum 38 (1): 3–23. doi:10.1007/s00291-015-0411-1.
   Web of Science ®Google Scholar
• Garrido, R. A. 2007. “Procurement of Transportation Services in Spot Markets under a Double-auction Scheme with Elastic Demand.” Transportation Research Part B: Methodological 41 (9): 1067–1078. doi:10.1016/j.trb.2007.04.001.
   Web of Science ®Google Scholar
• Gumbel, E. J. 1958. “Statistics of Extremes. New York: Columbia Univ. press.
   Google Scholar
• Katehakis, M. N., and K. S. Puranam. 2012a. “On Bidding for a Fixed Number of Items in a Sequence of Auctions.” European Journal of Operational Research 222 (1): 76–84. doi:10.1016/j.ejor.2012.03.050.
   Web of Science ®Google Scholar
• Katehakis, M. N., and K. S. Puranam. 2012b. “On Optimal Bidding in Sequential Procurement Auctions.” Operations Research Letters 40 (4): 244–249. doi:10.1016/j.orl.2012.03.012.
   Web of Science ®Google Scholar
• Kay, M. G., and D. P. Warsing. 2009. “Estimating LTL Rates Using Publicly Available Empirical Data.” International Journal of Logistics Research and Applications 12 (3): 165–193. Accessed 2019 September 22. doi:10.1080/13675560802392415.
   Web of Science ®Google Scholar
• Kuyzu, G., Ç. G. Akyol, Ö. Ergun, and M. Savelsbergh. 2015. “Bid Price Optimization for Truckload Carriers in Simultaneous Transportation Procurement Auctions.” Transportation Research Part B: Methodological 73: 34–58. doi:10.1016/j.trb.2014.11.012.
   Web of Science ®Google Scholar
• Lafkihi, M., S. Pan, and E. Ballot. 2019. “Freight Transportation Service Procurement: A Literature Review and Future Research Opportunities in Omnichannel E-commerce.” Transportation Research Part E: Logistics and Transportation Review 125: 348–365. doi:10.1016/j.tre.2019.03.021.
   Web of Science ®Google Scholar
• Lindsey, C., A. Frei, H. S. Mahmassani, Y. W. Hamed Alibabai, D. K. Park, M. Reed, G. Langheim, and T. Keating. 2013a. “Online Pricing and Capacity Sourcing for Third-party Logistics Providers.” Technical Report. Northwestern University. Accessed 22 September 2019. http://dynresmanagement.com/uploads/3/5/2/7/35274584/3pl_pricing_and_sourcing.pdf
   Google Scholar
• Lindsey, C., A. Frei, H. A. Babai, H. S. Mahmassani, Y.-W. Park, D. Klabjan, M. Reed, G. Langheim, and T. Keating. 2013b. “Modeling Carrier Truckload Freight Rates in Spot Markets.” Transportation Research Board 92nd Annual MeetingTransportation Research Board, Accessed 12 September 2019. https://trid.trb.org/view/1242387.
   Google Scholar
• Mes, M., M. van der Heijden, and P. Schuur. 2010. “Look-ahead Strategies for Dynamic Pickup and Delivery Problems.” OR Spectrum 32 (2): 395–421. doi:10.1007/s00291-008-0146-3.
   Web of Science ®Google Scholar
• Mes, M., M. Van Der Heijden, and P. Schuur. 2009. “Dynamic Threshold Policy for Delaying and Breaking Commitments in Transportation Auctions.” Transportation Research Part C: Emerging Technologies 17 (2): 208–223. doi:10.1016/j.trc.2008.03.001.
   Web of Science ®Google Scholar
• Mesa-Arango, R., and S. V. Ukkusuri. 2015. “Demand Clustering in Freight Logistics Networks.” Transportation Research Part E: Logistics and Transportation Review 81: 36–51. doi:10.1016/j.tre.2015.06.002.
   Web of Science ®Google Scholar
• Miller, J. W. 2019. “ARIMA Time Series Models for Full Truckload Transportation Prices.” Forecasting 1 (1): 121–134. Accessed 12 September 2019. https://www.mdpi.com/2571-9394/1/1/9
   Google Scholar
• Nandiraju, S., and A. Regan. 2003. “Freight Transportation Electronic Market-Places: A Survey of the Industry and Exploration of.” Industrial Marketing Management 32: 187–198.
   Google Scholar
• Özkaya, E., V. Pınar Keskinocak, R. Joseph, and R. Weight. 2010. “Estimating and Benchmarking Less-than-Truckload Market Rates.” Transportation Research Part E: Logistics and Transportation Review 46 (5): 667–682. Accessed 22 September 2019. http://www.sciencedirect.com/science/article/pii/S1366554509001240
   Web of Science ®Google Scholar
• Scott, A. 2015. “The Value of Information Sharing for Truckload Shippers.” Transportation Research Part E: Logistics and Transportation Review 81: 203–214. Accessed 12 September 2019. doi:10.1016/j.tre.2015.07.002.
   Web of Science ®Google Scholar
• Scott, A. 2018. “Carrier Bidding Behavior in Truckload Spot Auctions.” Journal of Business Logistics 39 (4): 267–281. Accessed 12 September 2019. http://onlinelibrary.wiley.com/doi/abs/10.1111/jbl.12194
   Web of Science ®Google Scholar
• Sheffi, Y. 2004. “Combinatorial Auctions in the Procurement of Transportation Services.” Interfaces 34 (4): 245–252. doi:10.1287/inte.1040.0075.
   Web of Science ®Google Scholar
• Smith, L. D., J. F. Campbell, and R. Mundy. 2007. “Modeling Net Rates for Ex- Pedited Freight Services.” Transportation Research Part E: Logistics and Transportation Review 43 (2): 192–207. Accessed 22 September 2019. http://www.sciencedirect.com/science/article/pii/S1366554505001079
   Web of Science ®Google Scholar
• Triki, C. 2016. “Location-based Techniques for the Synergy Approximation in Combinatorial Transportation Auctions.” Optimization Letters 10 (5): 1125–1139. doi:10.1007/s11590-015-0909-0.
   Web of Science ®Google Scholar
• Triki, C., S. Oprea, P. Beraldi, and T. G. Crainic. 2014. “The Stochastic Bid Generation Problem in Combinatorial Transportation Auctions.” European Journal of Operational Research 236 (3): 991–999. doi:10.1016/j.ejor.2013.06.013.
   Web of Science ®Google Scholar
• Tsai, M.-T., J.-D. Saphores, and A. Regan. 2011. “Valuation of Freight Transportation Contracts under Uncertainty.” Transportation Research Part E: Logistics and Transportation Review 47 (6): 920–932. Accessed 22 September 2019. http://www.sciencedirect.com/science/article/pii/S1366554511000421
   Web of Science ®Google Scholar
• Wang, Y., J. M. D. Nascimento, and W. Powell. 2018. “Reinforcement Learning for Dynamic Bidding in Truckload Markets: An Application to Large-Scale Fleet Management with Advance Commitments.”ArXiv 1802.08976. Accessed 12 September 2019. http://arxiv.org/abs/1802.08976
   Google Scholar
• Zikopoulos, C. 2019. “Determination of Freight Rates under Stochastic Demand and freight Consolidation Savings.” International Journal of Production Research 57 (17): 5556–5573. Accessed 2019 September 12. doi:10.1080/00207543.2018.1552033.
   Web of Science ®Google Scholar