© 2007 Railinc. All rights reserved. Tank Car Mileage Equalization Jim Pinson November 12, 2009 New Orleans, LA

It’s a Piece of Cake © 2007 Railinc. All rights reserved.

Agenda Data Flow Calculation of Excess Empty Miles Annual Billing © 2007 Railinc. All rights reserved.

DATA FLOW © 2007 Railinc. All rights reserved.

Data Flow © 2007 Railinc. All rights reserved. Carrier Car Movement Data Interchanges Car Movement Events – Arrival, Departure, Place, Release, Pull

Data Flow © 2007 Railinc. All rights reserved. Car Hire Data Exchange (CHDX) Cycles Reported to Railinc Two Types of Date Reported Mileage Detail Equalization Detail

Data Flow © 2007 Railinc. All rights reserved. Monthly Mileage Statements Mileage Detail Reported by Carriers Shows Cars, Origins, Destinations, L/E, Miles Can be Transmitted to Car Owners via FTP

Data Flow © 2007 Railinc. All rights reserved. Mileage Equalization Process Pulls Equalization Detail from CHDX Creates Equalization Registers Accumulates Data for the Year Creates Annual Equalization Invoices

Data Flow © 2007 Railinc. All rights reserved. Monthly Carrier Register Shows Each Carrier the Current Status Of the Equalization Account Sorted by Owner and Month

Data Flow © 2007 Railinc. All rights reserved. Equalization of Private Tank Car Mileage March 2009 Year to Date by Paying Owner: ABCD ABCD Railroad PayingPaid ToPaid ToDateLoadedEmptyEmpty Miles Over Percent MarkOwnerMarkEarnedMilesMiles106% of Loaded Variance ABCDDEFXDEFX DEFX

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

Data Flow © 2007 Railinc. All rights reserved. Equalization of Private Tank Car Mileage March 2009 Year to Date by Paid-To Owner: DEFX DEF Tank Car Company Paid ToPayingPayingDateLoadedEmptyEmpty Miles Over Percent MarkOwnerMarkEarnedMilesMiles106% of Loaded Variance DEFXABCDABCD DEFX OWNER TOTAL YTD USING YTD 0.57/MI – TOTAL BILL$1,088.13

Data Flow © 2007 Railinc. All rights reserved. Annual Equalization Invoice Reflects the Amount due for the Year Register is Closed in May Invoices are Issued in July Payment is due in 30 Days

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

CALCULATION OF EXCESS EMPTY MILES © 2007 Railinc. All rights reserved.

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.

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.

ANNUAL BILLING © 2007 Railinc. All rights reserved.

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.

Annual Billing The Rate is Published in RIC 6007, Item 187 © 2007 Railinc. All rights reserved.

Annual Billing 940 Excess Empty Miles X.57 Per Mile =$ Annual Equalization Bills are Created from a Legacy system – Not FindUS.Rail Address Changes Should go to Railinc CSC © 2007 Railinc. All rights reserved.

Questions? © 2007 Railinc. All rights reserved.