Reinforcement Learning for Dynamic Bidding in Truckload Markets: an Application to Large-Scale Fleet Management with Advance Commitments

25 Feb 2018Yingfei WangJuliana Martins Do NascimentoWarren Powell

Truckload brokerages, a $100 billion/year industry in the U.S., plays the critical role of matching shippers with carriers, often to move loads several days into the future. Brokerages not only have to find companies that will agree to move a load, the brokerage often has to find a price that both the shipper and carrier will agree to... (read more)

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