Acacso Conference May 2019, Chicago (IL)
This session provides a practical, operations-focused overview of RIC 6007, the governing tariff for private car mileage allowances and handling. Attendees gain clarity on how the tariff aligns with car service and car hire principles, along with guidance on navigating key sections, items, and railroad-specific provisions.
The presentation walks through real-world application of claims processing, including required formats, timelines, and expectations for railroad responses. It also highlights critical Tank Car Mileage Equalization (TME) concepts—covering when adjustments are appropriate, how to process them, and how to handle common edge cases such as empty revenue moves and post-closing adjustments.
Ideal for both experienced practitioners and those newer to private car accounting, this session reinforces compliance, improves accuracy in mileage settlements, and strengthens understanding of industry-standard practices.
RIC 6007, private car mileage, tank car equalization, TME adjustments, railcar accounting, car hire rules, mileage allowances, empty car handling, Railinc, OT-3 claims, railroad claims processing, AAR tariffs, interline settlements, rail equipment accounting