The impact of bidding aggregation levels on truckload rates
Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2010.
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
| Published: |
Massachusetts Institute of Technology
2011
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/60833 |
| _version_ | 1826197830655541248 |
|---|---|
| author | Collins, Julia M. (Julia Marie) Quinlan, R. Ryan |
| author2 | Chris Caplice. |
| author_facet | Chris Caplice. Collins, Julia M. (Julia Marie) Quinlan, R. Ryan |
| author_sort | Collins, Julia M. (Julia Marie) |
| collection | MIT |
| description | Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2010. |
| first_indexed | 2024-09-23T10:53:58Z |
| format | Thesis |
| id | mit-1721.1/60833 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T10:53:58Z |
| publishDate | 2011 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/608332019-04-12T12:33:34Z The impact of bidding aggregation levels on truckload rates Collins, Julia M. (Julia Marie) Quinlan, R. Ryan Chris Caplice. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2010. Cataloged from student submitted PDF version of thesis. Includes bibliographical references (p. 79-80). The objective of this thesis was to determine if line-haul rates are impacted by bid type, and if aggregation of bidding lanes can reduce costs for both shippers and carriers. Using regression analysis, we developed a model to isolate and test the cost effects that influence line-haul rate for long-haul shipments. We have determined that aggregation of low-volume lanes from point-to-point lanes to aggregated lanes can provide costs savings when lanes with origins and destinations in close proximity to each other can be bundled. In addition, bidding out region-to-region lanes can supplement point-to-point lanes by reducing the need to turn to the spot market. The model shows that bundling lanes can provide significant cost savings to a shipper because contract lanes of any type are on average less costly than spot moves. This thesis provides guidelines and suggestions for aggregation when creating bids during the first stage of the truckload procurement process. by Julia M. Collins and R. Ryan Quinlan. M.Eng.in Logistics 2011-01-26T14:31:57Z 2011-01-26T14:31:57Z 2010 2010 Thesis http://hdl.handle.net/1721.1/60833 697528343 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 84 p. application/pdf Massachusetts Institute of Technology |
| spellingShingle | Engineering Systems Division. Collins, Julia M. (Julia Marie) Quinlan, R. Ryan The impact of bidding aggregation levels on truckload rates |
| title | The impact of bidding aggregation levels on truckload rates |
| title_full | The impact of bidding aggregation levels on truckload rates |
| title_fullStr | The impact of bidding aggregation levels on truckload rates |
| title_full_unstemmed | The impact of bidding aggregation levels on truckload rates |
| title_short | The impact of bidding aggregation levels on truckload rates |
| title_sort | impact of bidding aggregation levels on truckload rates |
| topic | Engineering Systems Division. |
| url | http://hdl.handle.net/1721.1/60833 |
| work_keys_str_mv | AT collinsjuliamjuliamarie theimpactofbiddingaggregationlevelsontruckloadrates AT quinlanrryan theimpactofbiddingaggregationlevelsontruckloadrates AT collinsjuliamjuliamarie impactofbiddingaggregationlevelsontruckloadrates AT quinlanrryan impactofbiddingaggregationlevelsontruckloadrates |