In recent years, the average growth rate of railway freight volume is lower than that of highway freight in China. For the first time, the volume of railway freight was in decline compared with that of the previous year in 2012. In the competitive transportation industry, carriers may utilize revenue management systems to increase profit by using slot allocation and pricing. In this paper, a conceptual model for railway freight revenue management is proposed and a slot allocation model is formulated through mathematical programming to maximize railway freight contribution. We illustrate this model with a case study and the results show the applicability and better performance.
Slot Allocation Algorithm of Railway Freight Transportation Based on Sales Agreements
2014 International Conference of Logistics Engineering and Management ; 2014 ; Shanghai, China
ICLEM 2014 ; 129-135
2014-09-17
Conference paper
Electronic Resource
English
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