The Future of Car Hire ACACSO 2010
Joel Christensen Career Timeline: Intermodal Operations / SRS Systems Deployment 1987 – 1996 - Canadian National Railways Mgr. Business Development / Molten Sulfur / Fleets 1996 – 1997 - Brimstone Sales Corporation System Implementations / Project Management / Business Development 1997 – Current - RMI
After the fact accounting process Current situation: After the fact accounting process Provides information on about 2 month old event data Too late to change results
Railroad Operating Expenses Effectively controlling car hire expense requires pro-active management Fuel Labor Car Hire
Contributing Factors to Increased Net Car Hire Expense: Dwell Time Not Monitored Closely Customer Detention of Cars High Inadequate Visibility of Off-line Events Increased Net Car Hire
Car Hire is an operational byproduct Agreed? Do better operationally, do better in Car Hire
How do you reduce Car Hire?
How do you reduce Car Hire? Answer: Integration Car Hire data must to be integrated into Rail Operational Transportation Systems Real Time information at the operating level allows for behavioral changes which can directly result in lower net car hire expense
By coupling Car Hire and TMS it provides accurate and actionable car hire information that can be provided to railroad managers Provides accurate tracking of elapsed car hire expense in the current month Allows TMS to show accurate car hire costs for cars currently online Enables BI to provide Dashboard views highlighting potential problematic car hire trends and/or situations Replacing monthly estimates with daily MTD car hire estimates from Car Hire provides three key benefits:
Near Real Time Views in: TMS Yard Screens Crew paperwork Business Intelligence Better Visibility Better Results
New BI Car Hire Dashboard Examples
Summary: This new process and approach allows Railroads to demonstrate synergistic value and direct benefits when both the TMS and Car Hire are integrated for a Railroad
Thank You! Questions?