When we consider a compound such as steamship, we have two types of information that can be used to find out the meaning. On one hand, we have the meaning of the components, steam and ship. These components are words, which makes it relatively easy to determine what their meaning is in other contexts. On the other hand, we have the relation between the two components. This relation is not overt...

Most shippers go through an annual auction process of procuring transportation services, leading to an annual contract. This paper argues that the use of combinatorial auctions in this procurement can unlock significant reductions in operating costs for shippers, while protecting carriers from “winning” the lanes that do not fit their network, thus improving carriers’ operations as well. Combin...

We study collaborative shipping where two shippers bundle their shipments to share the same transportation vehicle (also known as co-loading). The goal of such a collaboration is to reduce the total number of transports, thereby reducing transportation costs and GHG emissions. To synchronize the replenishment of both companies, we adopt a can-order joint replenishment policy for both companies,...

Developing accurate forecasting models provides the capability of handling uncertain, volatile, and complex nature shipping industry. The outcome forecasts directly affects decisions policymakers. In this case, numerous studies have been published over time rapid development has evolved to reach forecasts. This paper reviews both analytical empirical by categorizing themes for shipping. focus i...