Keywords: transportation service, full truckload, procurement, review In a combinatorial auction, shippers request carriers to place bids in Combinatorial auctions are increasingly used large shippers as a method to establish service contracts with trucking companies. In order to achieve maximal
The main advantage of a procurement combinatorial auction CA is that it allows suppliers to express cost synergies through package bids. However, bidders can also strategically take advantage of this flexibility, discounting package bids and inflating bid prices for single items, even in the absence of cost synergies; the latter behavior can hurt the performance of the auction. Buy Combinatorial Auctions in Truckload Transportation at. Transportation Research Part B: Methodological, v.43, no.5, 2009 June, Keywords: Combinatorial auctions; Bidding; Truckload carriers; A wide variety of electronic marketplace formats are used in the Truckload (TL) transportation industry, including combinatorial auctions, private and public Electronic Markets for Truckload Transportation Chris Caplice MIT E40