© 2007 railinc. all rights reserved. tank car mileage equalization jim pinson november 12, 2009 new...
TRANSCRIPT
![Page 1: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/1.jpg)
© 2007 Railinc. All rights reserved.
Tank Car Mileage
Equalization
Jim PinsonNovember 12, 2009
New Orleans, LA
![Page 2: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/2.jpg)
It’s a Piece of Cake
© 2007 Railinc. All rights reserved.
![Page 3: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/3.jpg)
Agenda
• Data Flow
• Calculation of Excess Empty Miles
• Annual Billing
© 2007 Railinc. All rights reserved.
![Page 4: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/4.jpg)
DATA FLOW
© 2007 Railinc. All rights reserved.
![Page 5: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/5.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Carrier Car Movement
Data
InterchangesCar Movement Events – Arrival, Departure, Place, Release, Pull
![Page 6: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/6.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Car Hire Data
Exchange (CHDX)
Cycles Reported to RailincTwo Types of Date Reported
•Mileage Detail•Equalization Detail
![Page 7: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/7.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Monthly Mileage Statements
Mileage Detail Reported by CarriersShows Cars, Origins, Destinations,
L/E, MilesCan be Transmitted to Car Owners
via FTP
![Page 8: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/8.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Mileage Equalization
Process
Pulls Equalization Detail from CHDXCreates Equalization RegistersAccumulates Data for the YearCreates Annual Equalization
Invoices
![Page 9: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/9.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Monthly Carrier
Register
Shows Each Carrier the Current Status Of the Equalization AccountSorted by Owner and Month
![Page 10: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/10.jpg)
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
![Page 11: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/11.jpg)
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
![Page 12: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/12.jpg)
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
![Page 13: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/13.jpg)
Data Flow
© 2007 Railinc. All rights reserved.
Annual Equalization
Invoice
Reflects the Amount due for the YearRegister is Closed in May
Invoices are Issued in JulyPayment is due in 30 Days
![Page 14: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/14.jpg)
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
![Page 15: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/15.jpg)
CALCULATION OF EXCESS EMPTY MILES
© 2007 Railinc. All rights reserved.
![Page 16: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/16.jpg)
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.
![Page 17: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/17.jpg)
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.
![Page 18: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/18.jpg)
ANNUAL BILLING
© 2007 Railinc. All rights reserved.
![Page 19: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/19.jpg)
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
© 2007 Railinc. All rights reserved.
![Page 20: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/20.jpg)
Annual Billing
• The Rate is Published in RIC 6007, Item 187
© 2007 Railinc. All rights reserved.
![Page 21: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/21.jpg)
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 ([email protected])
© 2007 Railinc. All rights reserved.
![Page 22: © 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA](https://reader035.vdocuments.us/reader035/viewer/2022062716/56649dc65503460f94abb290/html5/thumbnails/22.jpg)
Questions?
© 2007 Railinc. All rights reserved.