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Understanding The Value Of Travel Time Reliability For Freight Transportation To Support Freight Planning, Kollol Shams 3085942 Nov 2016

Understanding The Value Of Travel Time Reliability For Freight Transportation To Support Freight Planning, Kollol Shams 3085942

FIU Electronic Theses and Dissertations

Today’s logistics practices are moving from inventory-based push supply chains to replenishment-based pull supply chains, leading to a lower and less centralized inventory, smaller shipment sizes, and more just-in-time deliveries. As a result, industries are now demanding greater reliability in freight transportation. Delays and uncertainty in freight transportation translate directly into additional inventory, higher manufacturing costs, less economic competitiveness for businesses, and higher costs of goods that are being passed on to the consumers. Given the growing demand in freight transportation, the emerging needs to better understand freight behavior for better policy and investment decisions, and the increasing role of …