Synchromodal transportation planning using travel time information
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Publication type
Journal article with impact factorPublication Year
2021Journal
Computers in IndustryPublication Volume
125Publication Issue
February
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Synchromodal transportation planning is de ned by the possibility to re-route shipments to alternative transportation modes at intermediate terminals based on real-time information about the shipment in transit. We present a synchromodal decision support model to determine the optimal modal choice for a single shipment in a multimodal network that is characterized by stochastic travel times. The model is formulated as a Markov decision process and allows adaptations to the modal choice based on real-time information on the travel time. Our formulation trades of transportation and late delivery penalty costs, and captures the value of synchromodal planning. We demonstrate the use of our model in a numerical case study, where we evaluate synchromodal against static intermodal transportation planning. The latter does not allow real-time adjustments to the modal choice. Compared to intermodality, synchromodal planning has most value when the penalty for late delivery is high and transportation services are more frequent.Keyword
Synchromodality, Physical Internet, Stochastic Travel Times, Adaptive Decision-making, Markov Decision Process, Real-time InformationKnowledge Domain/Industry
Operations & Supply Chain Managementae974a485f413a2113503eed53cd6c53
10.1016/j.compind.2020.103367