1. © 2007 Railinc. All rights reserved. The Railroad Clearinghouse Jim Pinson November 10, 2010 Tempe, AZ

2. Agenda Current Activity Level –Scope of Participation –Timing of Funding –Latest Changes Future Enhancements Review –Process –Timeline Negative Payables © 2007 Railinc. All rights reserved.

3. CURRENT ACTIVITY LEVEL © 2007 Railinc. All rights reserved.

4. Current Activity – Scope of Participation Implementation: September 2008 Current Participants: –May 2009 463 –Current506 Amount Settled: –May 2009$45,000,000 –Current$49,000,000 © 2007 Railinc. All rights reserved.

5. Current Activity – Timing of Funding © 2007 Railinc. All rights reserved. Timing of Receipt of Payments Time ReceivedMay 2009Current By 11:30 71% 88% 11:30 to 5:30 22% 11% Next Day 6% 1% Second Day1% 0%

6. Current Activity – Latest Developments Effective June 2010 Private car owners can elect to settle mileage through RCH –34 private car owners have elected to participate in the process © 2007 Railinc. All rights reserved.

7. FUTURE ENHANCEMENTS © 2007 Railinc. All rights reserved.

8. Future Enhancements Display roll up data monthly on the CHDX website E-mail participants when the Net Position report is posted © 2007 Railinc. All rights reserved.

9. REVIEW © 2007 Railinc. All rights reserved.

10. Review - Process Car Hire is submitted to the Car Hire Data Exchange (CHDX) CHDX Summary Records (Type 9) are used to calculate the net car hire position of each participant Net-Net Position reports are produced to show the amount due to or from each participant © 2007 Railinc. All rights reserved.

11. Review - Timeline Monthly RCH processing: 19 th - CHDX details processed 20 th 10:00 AM – Net/Net Reports ready 21 st 11:30 AM– Payable funds due 21 st 2:00 PM – Disbursements due *RCH processing will occur on the next business day for any date which falls on a weekend or holiday © 2007 Railinc. All rights reserved.

12. NEGATIVE PAYABLES © 2007 Railinc. All rights reserved.

13. Negative Payable Reports Normally a car hire report represents an amount due a car owner © 2007 Railinc. All rights reserved. North South Railroad Summary of Amounts Due for Car Hire Current$1,000.00 Claims$ 200.00 Reclaims$ (500.00) Grand Total$ 700.00

14. Negative Payable Reports When deductions exceed payments, a negative payable report is created © 2007 Railinc. All rights reserved. North South Railroad Summary of Amounts Due for Car Hire Current$1,000.00 Claims$ 200.00 Reclaims $(50,000.00) Grand Total $(48,800.00)

15. Negative Payable Reports – Response Before RCH –Contact the issuing carrier –Agree on the correct amount –Settle the revised amount © 2007 Railinc. All rights reserved.

16. Negative Payable Reports - Response With RCH –Establish Negative Payable tolerances (RCH will not settle a negative payable that exceeds established tolerances) –Negative Payable amounts are dropped from the process –Arrangement s must be made between the involved parties © 2007 Railinc. All rights reserved.

17. Negative Payable Reports – Key Points The default tolerance is $0.00. This means no negative payables will be settled. Tolerance can be established at a global level – This tolerance will apply to all car hire partners. Tolerance can be established for individual car hire partners. © 2007 Railinc. All rights reserved.

18. Establishing Tolerances Access www.railinc.comwww.railinc.com Enter user id and password Select the CHDX application © 2007 Railinc. All rights reserved.

19. The only application available is CHDX

20. © 2007 Railinc. All rights reserved. Processing Carrier’s SCAC

21. © 2007 Railinc. All rights reserved. The system defaults to US Dollars

22. © 2007 Railinc. All rights reserved. The Global Threshold allows a car mark owner to set a threshold for all car users. The defaults is $0.00 – all negative payable amounts will be rejected.

23. © 2007 Railinc. All rights reserved. The system stores the user id, date and time of the last update.

24. © 2007 Railinc. All rights reserved. SCAC of the equipment user

25. © 2007 Railinc. All rights reserved. Amount of threshold – This represents the amount of a negative payable report that will be included in the RCH settlement

26. © 2007 Railinc. All rights reserved. Effective Date – The first month the threshold will be applied. The date is always the 11 th of the month.

27. © 2007 Railinc. All rights reserved. Expiration date – The last month that the threshold will be applied. The date is always the 10 th.

28. Negative Payable Reports – Key Points The default tolerance is $0.00. This means no negative payables will be settled. Tolerance can be established at a global level – This tolerance will apply to all car hire partners. Tolerance can be established for individual car hire partners. © 2007 Railinc. All rights reserved.

29. Questions? © 2007 Railinc. All rights reserved.