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MIT SCM Symposium 2024
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Welcome to the MIT SCM Research Symposium 2024 and thank you for joining us! We hope you find the day exciting and informative. To enhance your experience, we are utilizing this platform in order to help identify projects of top interest to you. Below you will find not only the schedule, but also the abstracts and attached executive summaries of each project. Additionally, you can better acquaint yourself with the student presenters and advisors through their profiles. Thank you again and we look forward to hosting you.
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Friday, May 17 • 1:00pm - 1:30pm
The Road Ahead: Leveraging Truckload Trends for Prescriptive LTL Heuristics

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Anticipating fluctuations in Less-than-Truckload (LTL) volume presents challenges for shippers, carriers, and freight brokers alike. This capstone addresses this issue by developing a predictive model for LTL volume, leveraging insights gained from the cyclical nature of demand shifts between Truckload and LTL freight. Through analyzing various truckload metrics, this study identifies key indicators that precede changes in LTL volume. The resulting prediction model offers valuable insights and informs the creation of practical heuristics for freight brokers, enabling them to respond proactively to market fluctuations. By securing contract rates timelier, freight brokers can effectively navigate changing market dynamics, thus enhancing operational flexibility and adaptability within the industry.
Student Presenters
avatar for Bobby Kheny

Bobby Kheny

Student, MIT
CU

Advisors
avatar for David Correll

David Correll

Research Scientist, MIT Center for Transportation & Logistics
Dr. David Correll is a Research Scientist at the MIT Center for Transportation and Logistics, where he serves as a Course Lead in the MITx MicroMasters in Supply Chain Management program, and contributes to transportation research at Freightlab and MIT Sustainable Supply Chains. His... Read More →

Kheny & Urbi LTLModel ExecutiveSummary pdf
Friday May 17, 2024 1:00pm - 1:30pm EDT
Longfellow C 40 Edwin Land Blvd, Cambridge MA 02142, USA
  TRS-Transportation

Attendees (4)