Stopover and hub-and-spoke shipment strategies in less-than-truckload carriers
Miquel Estrada-Romeu and
Francesc Robusté
Transportation Research Part E: Logistics and Transportation Review, 2015, vol. 76, issue C, 108-121
Abstract:
This paper presents a methodology to identify when freight consolidation strategies are cost-efficient in the less-than-truckload carriers operations. Shipments are assigned based on proximity and cost criteria to build an initial long-haul shipment solution. This initial solution is later improved by the implementation of Tabu Search algorithm. The proximity criterion takes into account the spatial distribution of shipments loads among centers. The results show that the proposed methodology may reduce the transportation cost by 20% compared to the solution of those heuristics only considering cost criterion.
Keywords: Stopover; Long-haul shipments; Less-than-truckload carriers; Hub-and-spoke systems (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:76:y:2015:i:c:p:108-121
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DOI: 10.1016/j.tre.2015.02.006
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