Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
This paper conducts a literature review on freight transport service procurements (FTSP) and explores the application of combinatorial auctions (CAs) mechanism and the mathematical modeling approach of the associated problems. It provides an overview of modeling the problems and their solution strategies. The results demonstrate that there has been limited scholarly attention to sustainable issues, risk mitigation and the stochastic nature of parameters. Finally, several promising future directions for FTSP research have been proposed, including FTSP for green orientation in the context of carbon reduction, shipper’s reputation, carrier collaboration for bid generation, etc.
Open Access funding provided by the Qatar National Library.
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Institution affiliated with
- Hamad Bin Khalifa University
- College of Science and Engineering - HBKU