Freight transportation is not only one of the largest costs within a company supply chain, it is also typically the most volatile. The manner in which a firm designs, procures, and manages its freight transportation network can reduce uncertainty, lower costs, and increase the level of service.
Discover more about our team, research, and current projects by visiting https://freightlab-mit-edu.ezproxy.canberra.edu.au
The MIT FreightLab mission is to drive innovation into the freight transportation industry in order to reduce cost, minimize risk, and increase the level of service. Freight transportation is subject to highly volatile demand and costs that are typically outside of a firm’s ability to control or even influence. This is compounded by a dominant design in terms of how freight is historically procured and managed. FreightLab research focuses on working with companies to develop and implement real-world solutions to these challenges.