Post on 24-Dec-2015
© 2007 Railinc. All rights reserved.
Tank Car Mileage
Equalization
Jim PinsonNovember 12, 2009
New Orleans, LA
It’s a Piece of Cake
© 2007 Railinc. All rights reserved.
Agenda
• Data Flow
• Calculation of Excess Empty Miles
• Annual Billing
© 2007 Railinc. All rights reserved.
DATA FLOW
© 2007 Railinc. All rights reserved.
Data Flow
© 2007 Railinc. All rights reserved.
Carrier Car Movement
Data
InterchangesCar Movement Events – Arrival, Departure, Place, Release, Pull
Data Flow
© 2007 Railinc. All rights reserved.
Car Hire Data
Exchange (CHDX)
Cycles Reported to RailincTwo Types of Date Reported
•Mileage Detail•Equalization Detail
Data Flow
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Monthly Mileage Statements
Mileage Detail Reported by CarriersShows Cars, Origins, Destinations,
L/E, MilesCan be Transmitted to Car Owners
via FTP
Data Flow
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Mileage Equalization
Process
Pulls Equalization Detail from CHDXCreates Equalization RegistersAccumulates Data for the YearCreates Annual Equalization
Invoices
Data Flow
© 2007 Railinc. All rights reserved.
Monthly Carrier
Register
Shows Each Carrier the Current Status Of the Equalization AccountSorted by Owner and Month
Data Flow
© 2007 Railinc. All rights reserved.
Equalization of Private Tank Car MileageMarch 2009
Year to Date by Paying Owner: ABCDABCD Railroad
Paying Paid To Paid To Date Loaded Empty Empty Miles Over PercentMark Owner Mark Earned Miles Miles 106% of Loaded Variance
ABCD DEFX DEFX 0901 772 19740902 1804 60903 575 3270
DEFX 3151 5250 1909 166.6
Data Flow
© 2007 Railinc. All rights reserved.
Monthly Owner
Register
Shows Each Owner the Current Status Of the Equalization Account
Sorted by Carrier and Month
Data Flow
© 2007 Railinc. All rights reserved.
Equalization of Private Tank Car MileageMarch 2009
Year to Date by Paid-To Owner: DEFXDEF Tank Car Company
Paid To Paying Paying Date Loaded Empty Empty Miles Over PercentMark Owner Mark Earned Miles Miles 106% of Loaded Variance
DEFX ABCD ABCD 0901 772 19740902 1804 60903 575 3270
DEFX 3151 5250 1909 166.6OWNER TOTAL YTD 3151 5250 1909 166.6
USING YTD MILEAGE @ 0.57/MI – TOTAL BILL $1,088.13
Data Flow
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Annual Equalization
Invoice
Reflects the Amount due for the YearRegister is Closed in May
Invoices are Issued in JulyPayment is due in 30 Days
Data Flow
© 2007 Railinc. All rights reserved.
Carrier Car Movement
Data
Car Hire Data Exchange
(CHDX)
Monthly Mileage
Statements
Mileage Equalization
Process
Monthly Carrier
Register
Monthly Owner
Register
Annual Equalization
Invoice
CALCULATION OF EXCESS EMPTY MILES
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Calculation of Excess Empty Miles
• Pull Accumulated Loaded Miles
• Pull Accumulated Empty Miles
• Multiply Loaded Miles by 1.06 (106%)
• Result is Allowable Empty Miles
• Subtract Allowable Empty Miles from Accumulated Empty Miles
• Result is Excess Empty Miles
© 2007 Railinc. All rights reserved.
Calculation of Excess Empty Miles
• For Example: – Accumulated Loaded Miles = 1,000– Accumulated Empty Miles = 2,000– 1,000 Accumulated Loaded miles– X1.06– =1,060 Allowable Empty Miles– 2,000 Accumulated Empty Miles– -1,060 Allowable Empty Miles– = 940 Excess Empty Miles
© 2007 Railinc. All rights reserved.
ANNUAL BILLING
© 2007 Railinc. All rights reserved.
Annual Billing
• Excess Empty Miles are Calculated– 1,000 Loaded Miles Reported– X1.06– =1,060 Allowable Empty Miles
– 2,000 Empty Miles Reported– -1,060 Allowable Empty Miles– = 940 Excess Empty Miles
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Annual Billing
• The Rate is Published in RIC 6007, Item 187
© 2007 Railinc. All rights reserved.
Annual Billing
• 940 Excess Empty Miles
• X.57 Per Mile
• =$535.80
• Annual Equalization Bills are Created from a Legacy system – Not FindUS.Rail
• Address Changes Should go to Railinc CSC (csc@railinc.com)
© 2007 Railinc. All rights reserved.
Questions?
© 2007 Railinc. All rights reserved.