Research on the Location-Routing Optimization of International Freight Trains Considering the Implementation of Blockchain

Bibliographic Details
Title: Research on the Location-Routing Optimization of International Freight Trains Considering the Implementation of Blockchain
Authors: Zhichao Hong, Hao Shen, Wenjie Sun, Jin Zhang, Hongbin Liang, Gang Zhao
Source: Mathematics, Vol 12, Iss 23, p 3797 (2024)
Publisher Information: MDPI AG, 2024.
Publication Year: 2024
Collection: LCC:Mathematics
Subject Terms: international freight trains, assembly center, location-routing optimization model, blockchain technology, ANSGAII-OD, Mathematics, QA1-939
More Details: The purpose of this study is to solve the problem of low load factor and profit margin in the point-to-point transportation of international freight trains through the assembly transportation organization mode. A bi-objective location-routing optimization model is constructed to optimize problems, such as the location of the assembly center, route of freight assembly, frequency of international freight trains, and number of formations. The objectives are to minimize the total comprehensive cost and maximize the average satisfaction of the shippers. Considering the impact of blockchain technology, the proportion of customs clearance time reduction after blockchain implementation, the proportion of customs clearance fee reduction after blockchain implementation, and the cost of blockchain technology are introduced into the model. The case study is based on railroad transportation data for 2022. In this case, 43 stations in the Indo-China Peninsula are selected as origin stations, and two Chinese stations are designated terminal stations. An improved NSGA-II algorithm (ANSGAII-OD) is proposed to resolve the location-routing optimization model. This algorithm is based on opposition-based learning and its dominant strength. The case study indicates that assembly transportation is advantageous compared with direct transportation. Moreover, the comprehensive cost is reduced by 19.77%. Furthermore, blockchain technology can effectively reduce costs and improve transportation efficiency. After the implementation of blockchain technology, the comprehensive cost is reduced by 8.10%, whereas the average satisfaction of shippers is increased by 10.35%.
Document Type: article
File Description: electronic resource
Language: English
ISSN: 2227-7390
Relation: https://www.mdpi.com/2227-7390/12/23/3797; https://doaj.org/toc/2227-7390
DOI: 10.3390/math12233797
Access URL: https://doaj.org/article/e92f71b6aa3c470991de120c25a73779
Accession Number: edsdoj.92f71b6aa3c470991de120c25a73779
Database: Directory of Open Access Journals
More Details
ISSN:22277390
DOI:10.3390/math12233797
Published in:Mathematics
Language:English