Transportation Marketplace Rate Forecast Using Signature Transform

arXiv:2401.04857v2 Announce Type: replace
Abstract: Freight transportation marketplace rates are typically challenging to forecast accurately. In this work, we have developed a novel statistical technique based on signature transforms and have built a predictive and adaptive model to forecast these marketplace rates. Our technique is based on two key elements of the signature transform: one being its universal nonlinearity property, which linearizes the feature space and hence translates the forecasting problem into linear regression, and the other being the signature …

abstract arxiv cs.lg forecast freight key marketplace novel predictive rate stat.ap statistical transportation type work