• Corpus ID: 145041132

Uberization Effects on Freight Procurement

  title={Uberization Effects on Freight Procurement},
  author={Ignacio S{\'a}nchez and Lydia Paramita Hendra Mukti},
According to a report by A. T. Kearney, in 2016 the US business spent $1,392.64B on logistics costs. 90% of transportation spending is procured in the form of Long Term Contracts. A Long Term Contract drives long procurement cycles that can last over 6 months, which results in significant financial risk for both shippers and carriers. It is estimated that 10% of freight under Long Term Contracts fall out and ends up in the spot market due to low tender acceptance and market volatility. The spot… 


Niver Lines: A System-Dynamics Approach to Tanker Freight Modeling
A system-dynamics model is developed and implemented for the tanker market for Niver Lines that combines entry, exit, and lay-up decisions, and determines the flow of transportation supply, derived time-charter rates from the interaction of supply and demand.
Electronic Markets for Truckload Transportation
A wide variety of electronic marketplace formats are used in the Truckload (TL) transportation industry, including combinatorial auctions, private and public exchanges, and electronic catalogs.
Business dynamics: Systems thinking and modeling for a complex world
Need an excellent e-book? business dynamics systems thinking and modeling for a complex world with cd rom by , the best one! Wan na get it? Discover this exceptional electronic book by below now.
Uber water shipment shows trucking's loadmatching future
  • Retrieved from https://www.joc.com/trucking-logistics/truckloadfreight/how-one-water-shipment-shows-truckings-load-matching-future_20171116.html Choi, Laibson and Metrick
  • 2001
Thinking in systems: A primer. London: Earthscan
  • European Journal of Operational Research
  • 2008