Cary, NC, December 8, 2011 (James Street Media Services)--Railinc has announced the launch of the Car Accounting Self-Service application, a tool that more effectively enables car accountants to access and analyze car hire liability data. This helps railroads and others resolve car hire liability issues and improve their reporting processes.
“The application gives car accountants access to car hire data they need when they need it,” said Allen West, CEO and president. “It’s a powerful research tool that provides them a new window into car hire liability decisions.”
Before, car accountants had to submit requests to Railinc when they wanted detailed information about their car hire liability decisions. Railinc performed the research and then provided the event information.
Through the application’s easy-to-use web interface, car accountants now can save time by performing searches themselves. The application translates event data into actionable information on scenarios such as Rule 5 transfers of liability. Users can view information on an individual piece of equipment for a range of up to 90 days and will have access to as much as 12 months of event data beginning in January, 2012.
The web interface also makes it easier for railroads to submit a Liability Acceptance Message (LAM) when erroneous event reporting has caused car hire responsibility to be assigned to the wrong carrier. The correct carrier can send an LAM through the application and accept car hire liability for a piece of equipment.
Rail industry car accountants interested in using the service need to have a Railinc account in order to request access to the service. For more information, contact Railinc Customer Support at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by phone at 877-724-5462.
About Railinc
Railinc is the railroad industry’s innovative and reliable resource for rail data, IT and information services. The company deploys data that helps railroads, rail equipment owners and other industry participants manage their businesses more effectively and efficiently. Railinc is the largest single source of real-time, accurate interline rail data for the North American railroad system. Located in Cary, N.C., Railinc is a wholly-owned subsidiary of the Association of American Railroads. For more information, please visit www.railinc.com.
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