An airfreight forwarder's shipment planning: Simultaneous decisions on job, route and agent selection

Yulai Wan, Wai Hung Wong, Lawrence C. Leung, Yer Van Hui

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

Nowadays, because of the emergence of many online logistics platforms - some of which function as virtual marketplaces - airfreight forwarders are facing an increasing number of shipment requests and many choices of collaborating agents. They are also expected to handle a greater variety of shipments from an increasing number of origins and to an increasing number of destinations. In this paper, we address the three inter-related decisions of job selection, route selection and agent selection in the design of a shipment plan. We formulate this problem as a mixed 0-1 LP, with the objective of maximising profit. Using a numerical example, we analyse the effects of job and route selection and provide insights into various aspects of shipment planning.
Original languageEnglish
Pages (from-to)246-266
Number of pages21
JournalInternational Journal of Shipping and Transport Logistics
Volume2
Issue number3
DOIs
Publication statusPublished - 1 Dec 2010
Externally publishedYes

Keywords

  • Airfreight forwarder
  • Job
  • Route and agent selection
  • Shipment planning
  • Simultaneous decision-making

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Management Science and Operations Research
  • Transportation

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