A column generation based solution approach for bid construction in TL transportation procurement auctions

Combinatorial auctions have been proved to be very efficient trading mechanisms for the procurement of TL transportation services. In such a trading process, carriers compete by submitting package bids on shipping movements required by one or multiple shippers. Each carrier must thus solve the socal...

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Bibliographic Details
Published inProceedings of 2013 International Conference on Industrial Engineering and Systems Management (IESM) pp. 1 - 5
Main Authors Saddoune, Mohammed, Rekik, Monia, Elhallaoui, Issmail
Format Conference Proceeding
LanguageEnglish
Published International Institute for Innovation, Industrial Engineering and Entrepreneurship - I4e2 01.10.2013
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IEEE Xplore
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Summary:Combinatorial auctions have been proved to be very efficient trading mechanisms for the procurement of TL transportation services. In such a trading process, carriers compete by submitting package bids on shipping movements required by one or multiple shippers. Each carrier must thus solve the socalled bid construction problem in order to determine the set of shipments it should bid on. This paper propose a column-generation based solution approach to help carriers solve this problem. Our preliminary results are promising.