The Baltic Dry Index (BDI) is a commonly utilized indicator of global shipping and trade activity. It influences stakeholders’ and ship-owners’ decisions respecting investments, chartering, operational plans, and export and import activities. Accurate prediction of the BDI is very challenging due to its volatility, non-stationarity, and complexity. To help stakeholders and ship-owners make sound short- and long-term maritime business decisions and avoid market risk, we performed short- and long-term predictions of BDI using an ensemble deep-learning approach. In this study, we propose to apply recurrent neural network models for BDI prediction. The state-of-the-art of sequential deep-learning models such as RNN, LSTM, and GRU are employed to predict one- and multi-step-ahead BDI values. In order to increase the accuracy, we assemble the models. In experiments, we compared our results with those of traditional methods such as ARIMA and MLP. The results showed that our proposed method outperforms ARIMA, MLP, RNN, LSTM, and GRU in both short- and long-term prediction of BDI.

The continued growth of the volume of global containerized transport necessitates that most of the major ports in the world improve port productivity by investing in more interconnected terminals. The development of the multiterminal system escalates the complexity of the container transport process and increases the demand for container exchange between different terminals within a port, known as interterminal transport (ITT). Trucks are still the primary modes of freight transportation to transport containers among most terminals. A trucking company needs to consider proper truck routing planning because, based on several studies, it played an essential role in coordinating ITT flows. Furthermore, optimal truck routing in the context of ITT significantly affects port productivity and efficiency. The study of deep reinforcement learning in truck routing optimization is still limited. In this study, we propose deep reinforcement learning to provide truck routes of a given container transport order by considering several significant factors such as order origin, destination, time window, and due date. To assess its performance, we compared between the proposed method and two approaches that are used to solve truck routing problems. The experiment results showed that the proposed method obtains considerably better results compared to the other algorithms.

Time-series forecasting (TSF) is a traditional problem in the field of artificial intelligence, and models such as recurrent neural network, long short-term memory, and gate recurrent units have contributed to improving its predictive accuracy. Furthermore, model structures have been proposed to combine time-series decomposition methods such as seasonal-trend decomposition using LOESS. However, this approach is learned in an independent model for each component, and therefore, it cannot learn the relationships between the time-series components. In this study, we propose a new neural architecture called a correlation recurrent unit (CRU) that can perform time-series decomposition within a neural cell and learn correlations (autocorrelation and correlation) between each decomposition component. The proposed neural architecture was evaluated through comparative experiments with previous studies using four univariate and four multivariate time-series datasets. The results showed that long- and short-term predictive performance was improved by more than 10%. The experimental results indicate that the proposed CRU is an excellent method for TSF problems compared to other neural architectures.