The value of information sharing for truckload shippers

Alex Scott

Transportation Research Part E: Logistics and Transportation Review, 2015, vol. 81, issue C, 203-214

Abstract: This study explores the potential value to shippers of sharing load offers with carriers and obtaining carriers’ responses in advance of the scheduled pickup date. Using a private transactional dataset from a large national shipper, we find that truckload spot prices increase considerably as the lead time before pickup decreases. As an extension of this empirical analysis, we develop a method to estimate near-real-time market prices, which does not currently exist in the truckload industry. A key insight is that market prices persist through time, meaning that current prices are good predictors of future prices.

Keywords: Information sharing; Truckload transportation; Empirical transportation research (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)

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DOI: 10.1016/j.tre.2015.07.002

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