Machine learning for international freight transportation management: A comprehensive review. (March 2020)

• Record Type: Journal Article
• Authors: Barua, Limon; Zou, Bo; Zhou, Yan
• Is Part Of: Research in transportation business & management. Volume 34(2020)
• Publication Date: 2020-03
• Subjects: Machine learning -- International freight transportation management -- Literature review -- Data sources -- Prediction; Transportation -- Research -- Periodicals; Transportation -- Management -- Periodicals; Transportation -- Management; Transportation -- Research; Periodicals; 388.068
• DOI: 10.1016/j.rtbm.2020.100453
• Languages: English
• ISSNs: 2210-5395

Abstract

Abstract: Machine learning (ML) offers a promising avenue for international freight transportation management (IFTM) given its capability to harness the power of data that have become increasingly available to freight transportation researchers and practitioners. This paper conducts a comprehensive investigation of the state-of-the-art in developing ML models for applications to different aspects of IFTM. We start by giving an overview of various fundamental ML methods. Then, how different ML methods have been employed, adapted, and applied to a multitude of subject areas in IFTM are discussed, including demand forecast, operation and asset maintenance, and vehicle trajectory and on-time performance prediction. The potential data sources that may be used to develop ML models are further examined. Subsequently, a synthesis of the exiting work is performed to identify the specific topics addressed in the existing research, ML methods used, the trends of research, and opportunities for further explorations. Four directions for future research are proposed in the end