News | February 11, 2005

Railinc Implements Internet-Based Railcar Disposition Solution

Railinc today announced it has implemented RAMP-ED, an Internet-based service for the North American rail industry. RAMP-ED enables leasing companies, lessees and railcar owners to use a uniform industry process to submit movement and billing instructions when moving railroad and private freight cars to shop, new lease, next lease or new points of assignment.

Prior to RAMP-ED, railroads, lessees and leasing companies relied on a manual process of phones and faxes to execute rail car disposition. These individual methods often caused considerable delay in completing the disposition process. With the introduction of RAMP-ED, equipment owners, leasing companies and lessees can now be assured that their disposition shipping instructions will be executed the first time.

"Leasing companies and shippers will benefit from accurate empty freight car routing and billing, while railroads will eliminate freight car re-handling expense," said Rick Hobb, Director Business Systems at Railinc. "Railinc is pleased to deliver another comprehensive Internet-based solution for the North American Rail Industry."

By providing equipment owners with a single, industry-approved electronic solution, re-work and re-billing of rail cars will be largely eliminated through process standardization and automation. This service enhances the rail industry partnership among car owners, leasing companies, shippers and railroads by promoting ease of doing business.

About Railinc
Railinc is the largest single source of real-time, accurate, interline rail data in the North American Transportation Industry. Railinc is the supplier of such well-known products as Steelroads, RailSight, RailSync and NextPath. These systems keep railroads, shippers, equipment owners and suppliers fully informed along every link of their supply chains. Class I, short line, regional railroads and transportation professionals alike use Railinc's tools and information to manage and analyze their rail traffic. To learn more about the competitive advantage that can be achieved through Railinc's information and transportation solutions, visit www.Railinc.com, call 877.922.7245, or e-mail sales@railinc.com.