Car Hire Payable: Strategic Management for Railroads
RMI’s Car Hire Payable system automates the many cumbersome tasks associated with monthly car hire reporting. In addition, it helps you manage your car hire from the minute a foreign car hits your railroad, before charges are accrued.

Car movement and waybill data from the RailConnect® TMS system is tightly integrated with LCS records and reclaim tables from the Car Hire Payable system to provide timely and accurate information, including consideration of reclaim agreements. This allows you to make the best possible strategic decisions in the field to ultimately reduce your car hire liability at the end of the month.

Car Hire Receivable: Efficient Audits for Car Owners
The RailConnect® Car Hire Receivable service provides a thorough audit of your monthly car hire earnings and produces claims where shortages are detected. The service generates all of the accounting information you need to manage the earnings and expenses for your railcar fleet, and it also provides operational reports to help optimize your fleet utilization.

Optional services include complete or partial cash management for drafting, billing and collecting car hire balances, claims audit for maintaining and updating claim accounts receivables, reissuing claims and issuing payment demands for unanswered claims.

Car Hire Marketplace: Accurate Rates Made Easy
RMI’s Car Hire Marketplace takes the guesswork out of car hire rate information. This internet-based railcar rate management application provides access to accurate and impartial car hire rate information and allows users to initiate, manage, and communicate bids and offers electronically with other railroads and car owners.