Revenue management for rail container transportation
Abstract
In this paper, we consider the revenue maximization problem of a rail freight transportation company or an intermodal marketing company selling freight transportation services. We propose a revenue management (RM) policy to dynamically accept transportation requests or reject them in favor of some future forecasted transportation demands with higher potential profit. In the proposed load acceptance system, we explicitly take the network structure into account. We analyze solutions obtained from numerical simulations and conclude on the promising results shown by the RM system.
| Origin | Publication funded by an institution |
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