railinc vision of the future of car hire mark aldenderfer, business analyst acacso november 12, 2010

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Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

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Page 1: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

Railinc Vision of the Future of Car HireMark Aldenderfer, Business Analyst

ACACSONovember 12, 2010

Page 2: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

Railinc creates valued solutions for rail industry advances using our people, technology and information databases.

We provide critical support helping the rail system achieve higher levels of safety, efficiency, seamless interline transactions and transparency.

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Page 3: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

RailincThe single source for consolidated

freight rail data

Car Repair Billing

Car Hire CompensationSS

ervices

EquipmentHealth

Umler TM

Select Railinc Technology Solutions

Railroad Clearinghous

e

RailSight

2009 Award Winner, “Industry Driven Technology Co.”

Early Warning system for wheel, truck and bearing

Repair history Component tracking

Billing exchange system for cross-network railcar repair

Rail equipment information

Track and trace solutions

Financial settlementsfor interline shipments and car hire

LCS/TOL CHLF CHDX

Page 4: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

Foundation for the Railinc Vision of Car Hire

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•Seek Industry Perspectives

•Observe industry issues

•Seek Industry Perspectives

•Observe industry issues

Investigate

•Actively participate in Committee/Task Force Meetings

•Follow prescribed processes for review

•Actively participate in Committee/Task Force Meetings

•Follow prescribed processes for review

Validate

•Ensure stakeholder involvement

•Ensure stakeholder involvement

Incorporate

•Follow Agile development processes

•Communicate with stakeholders

•Follow-up support

•Follow Agile development processes

•Communicate with stakeholders

•Follow-up support

Deliver

Page 5: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

Completing the vision one building block at a time

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Time Payment Process (LCS)

Damaged & Defective Reclaim (DDCT)

Car Hire Switching - Rule 5 (TOL)

Cash Payments /Collections (RCH)

Private Car Settlement (RCH)

Time-based Liability(Car Hire Liability File)

Page 6: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

2011 Industry Projects are continuing the trend

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Liability Continuity System

Self-Service

• On a self-service basis, Equipment Users and Car Accountants will be able to request events related to LCS processing

• Automate TRAIN 31 /Type 5 messages

Page 7: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

2011 Industry Projects are continuing the trend

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Car Hire Data Exchange

Platform Upgrade

• Upgrade the legacy DX system to a common DX framework and platform, reducing overall costs and improving customer service

• Preliminary file validation

• Enable capability to provide industry-approved edits

Page 8: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

2012 and beyond – Railinc vision(continued)

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1. Maximize adoption of Car Hire Liability File• Develop enhancements to reduce duplicate efforts by carriers (cycles,

rates)• Discuss options for mileage

2. Modernize additional legacy Railinc systems to reduce risks and create opportunities for functional improvements• LCS• Deprescription

3. Tackle tough and contentious issues by working toward a common understanding and incorporating into Railinc systems• Rule 22, for example

Page 9: Railinc Vision of the Future of Car Hire Mark Aldenderfer, Business Analyst ACACSO November 12, 2010

Questions?

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