Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review

  • Md Rakibul Hasan*
  • , Adel Elomri
  • , Chefi Triki
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)60191-60210
Number of pages20
JournalIEEE Access
Volume11
DOIs
Publication statusPublished - 2023

Keywords

  • FTSP problems
  • Literature review
  • combinatorial auction
  • logistics and supply chain management
  • mathematical modeling

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