MIT FreightLab
Driving Innovation within the Transportation Industry
What is the MIT FreightLab?
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.
FreightLab objectives are to develop innovations in freight transportation planning and operations and drive them into practice. Recently, we have developed methods for forecasting both short term spot-market rates and longer-term contract rates. We are exploring alternative contract forms between shippers and carriers that increase the level of trust in the relationship and yield better results for both parties. Working with a wide range of shippers, carriers, and third-party providers, the freight lab team develops and delivers better ways to design, procure, and manage large-scale freight transportation systems.
Our Research
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Our Team
Dr. Chris Caplice
Co-Director
Dr. Jarrod Goentzel
Principal Research Scientist
Dr. Angi Acocella
Research Scientist
Dr. Josué Velázquez Martínez
Research Scientist
Updates from the Lab
Event Spotlight: In Search of Alternatives to Truckload’s Fragile Freight Contracts
By Chris Caplice, Ken Cotrill and David Correll When a shipper and a trucking company contract to transport goods at a given time and rate, there is no guarantee they will meet the agreement’s terms. The loads may never materialize or the carrier may not have the...
MIT FreightLab Q4 2020 Co-Directors’ Letter
Welcome to the first to be quarterly update from the MIT Freightlab!
Research Spotlight: PhD Candidate Angela Acocella in Conversation
PhD Candidate Angela Acocella in conversation with MIT FreightLab Co-Director David Correll about her recently published paper, "Elephants or Goldfish: Carrier Reciprocity in Dynamic Freight Markets". Who are “elephants” and who are “goldfish” in your research? We’re...
Get In Touch
Interested in collaborating with us? Do you have a research idea?
Send us a note at freightlab@mit.edu to set up a time to discuss your ideas, questions, and transportation goals.