ACACSO San Antonio, TX May 9 – 11, 2018

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Presentation transcript:

ACACSO San Antonio, TX May 9 – 11, 2018 Car Hire Fundamentals ACACSO San Antonio, TX May 9 – 11, 2018

Everything Works Earned Month Jan 2018 ABDC 123456 Built in 2017, registered & available for use in January 2018  Car Owner receives full 744 hours as reported by RRs Partial details reported by reporting Railroads: January = 31 Days 31 days x 24 hours/day = 744 hours

Short 48 Hours Earned Month Oct 2017 GOEM 598435 Car Owner receives 696 hours for 744 hour month October = 31 Days 31 days x 24 hours/day = 744 hours Our records indicate missing 48 Hours of Car Hire Due from Hour 38 to Hour 86 48 Hours x $0.85 / Hour = $40.80 Car Hire due Car Owner

Short 48 Hours Earned Month Oct 2017 Next Step Verify LCS Messages for Car Hire Liability LCS verifies a Rule 15 TOL to road MEG From hour 38 to hour 86 MEG did not pay the 48 hours in current or voluntary month Because Car Hire due Car Owner is over $25 a claim needs to be generated

Sample Claim Format

Claims Receiving road has 60 days from the postmark to respond to the claim Pay Pay Partial Amount Decline – With valid reason Rate Claims Compare rate reported to rate you believe should have been paid Generate Rate Claim if sum of reported cycles totals $25 or more  Can be side agreements received by one party but not by the other  Empty & Loaded rates can be different

Reclaims Taken That Works – Earned Month Jan 2018 Part of validating reclaims is determining if Car Hire is paid during the time when the reclaims are being taken Do you have an agreement for the reclaim? Special Agreements on file – Must be approved by both roads Car Hire Rule 22 – No prior approval needed, Part of Car Hire Rules GOEM 494500 is eligible for Car Hire Rule 22 Reclaims. Account Code 010 = Car Hire Paid for Railroad Equipment Account Code 222 = Rule 22 Reclaim at loading point Account Code 224 = Rule 22 Reclaim held short of loading point Greater than 24 hrs

Reclaims Taken That Works – Earned Month Jan 2018 GOEM 494500 Car Hire Paid by road MEG for the month (shading) Review timing of Reclaims For 224, Make sure they are for 24+ hours For 222, Make sure the car is at loading point

Reclaims Taken That Don’t Work – Earned Month Jan 2018 BRAN 568741 Car received by MEG, pays Car Hire They put a reclaim onto the car stating the car is in “Storage” When researching our agreements on file  We find no active storage agreement in place with road MEG The reclaim needs to be countered