Acacso Conference May 2014, Baltimore (MD)
This presentation provides an overview of Railinc's Asset Utilization and Compensation initiatives in 2014, highlighting the technology projects, system modernization efforts, and industry priorities supporting car hire and equipment accounting. It offers historical context for the industry's transition from legacy mainframe applications toward more centralized and automated Railinc processes.
The session reviews Railinc's mainframe migration and several car hire initiatives, including the Car Hire Rate Negotiation EDI upgrade, Centralized Car Hire user-support functionality, Rule 5 Transfer of Liability (TOL) error handling, Car Hire Rate Negotiation Self-Service, and integration between Loading Authority and Damaged and Defective Car Tracking (DDCT).
The presentation also looks ahead at proposed industry projects designed to further centralize and automate car hire processing. These include a Special Rate Master for rates maintained outside CHARM, enhancements to Car Hire Market Data, and centralized Rule 22 processing using car movement records, LCS interchanges, and waybill data. Together, these initiatives illustrate the industry's broader movement toward centralized data, automated liability determination, and improved tools for managing car hire rates and settlements.
Railinc, Asset Utilization and Compensation, Centralized Car Hire, car hire systems, car hire accounting, CHLF, Car Hire Liability File, CHARM, Car Hire Rate Negotiation, EDI 432, Rule 5 TOL, Transfer of Liability, Rule 22, centralized Rule 22, LCS, Liability Continuity System, DDCT, Loading Authority, OT-5, Special Rate Master, car hire market data, car hire rates, railroad equipment accounting, Railinc systems