Forecasting Long Haul Truckload Spot Market Rates

Forecasting Long Haul Truckload Spot Market Rates

The objective of this paper is to predict long haul truckload spot market rates for the near future. Short term spot rate forecasts help with making operational decisions, estimating budgets for shippers and cash flow for carriers. First, we check if the weekly spot rates time series is a Random Wal...

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Bibliographic Details
Main Authors: Rana, Shraddha, Caplice, Chris
Format: Working Paper
Language:en_US
Published: 2020
Subjects:
truckload
spot market
rate forecasting
time series forecasting
linear regression
elastic net regularization
concept drift
feature extraction
explicit drift detection
Online Access:https://hdl.handle.net/1721.1/124451

Internet

https://hdl.handle.net/1721.1/124451

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