Benefits of Right Sizing Your Fleet

If you own or lease your railcars, it is important to understand how many railcars you need. Having a grasp of your necessary fleet size helps to ensure that your product is delivered to your customers on time. Although many rail shippers may consider increasing the number of railcars in their fleet(s) to ensure that

Strategies to Reduce Demurrage

No one likes to pay demurrage and storage charges. For some shippers, demurrage charges are merely a nuisance. For others, demurrage is a seven-figure annual expense. Many of our clients have found it to be a cost that can be reduced or eliminated with the proper focus and attention. This article offers a number of

The Move from OT-5 to OT-57

In February of 2020, OT-57 was introduced by Railinc. The Loading Authority OT-57 system provides a centralized, paperless process for registering private freight rail equipment and access to controlling entity (shipper, owner, or lessee) contact information and storage information. OT-57, and its predecessor OT-5, is crucial to understand for rail fleet management. Before OT-57, Loading

Complications of Inaccurate Data in Rail Shipping

One of the most important aspects of shipping by rail is accurate data. Since shipping by rail is heavily reliant on data, inaccuracies can be present numerous challenges. Inaccurate data in rail shipping can result in additional rates and switching charges, less optimized routes, increased time spent preparing shipments, and more time spent responding to

Factors That Affect Your Railcar Shipments

When tracking railcars, there are several components that determine how complex your rail shipping is and how much time is needed to properly monitor your fleet and follow up on problem railcars. These factors can increase or decrease the complexity of your shipments. Streamlining rail operations begins with understanding each factor and how it affects

Why Complete Tank Car Qualifications Early in the Year

Bulk shipping by rail is no easy task. As shippers, whether you lease or own your railcars, they need to be shopped from time to time to complete a scheduled maintenance program or perform the annual qualifications for tank cars. Scheduling tank car qualifications can be problematic, to say the least, and can place constraints

Railcar Tracking Metrics for Shippers

Logistics managers are tasked with realizing more throughput from existing assets, and rationalizing private fleets and other fixed cost. As the saying goes, you can’t manage what you don’t measure. Rail shippers require specific information to effectively manage their day-to-day shipping and for long term planning and decision-making. Small rail shippers usually start out manually creating reports

Tracking Railroad Performance Metrics

Have you checked out RSI’s Railroad Performance Metrics? Monitoring railroad tracking performance data of delays by railroad allows you to see and anticipate where your transit times may be affected. Here’s a recap of what the railcar tracking data has been showing in recent months: Total volume was up in March and the YTD volume

Benefits to Outsourcing Rail Logistics Functions

Many companies have made the decision to outsource their trucking, intermodal, or warehousing to third party logistics providers (3PLs). The 3PLs bring to the table a vast amount of knowledge, experience, leveraging capabilities, technology, and continuous improvement processes.  In the end, these companies benefit greatly from having best-in-class solutions that allows them to focus on

How Closely Should You Track Your Railcar Shipments?

How closely you monitor your rail shipment tracking can be related to several factors – the characteristics of the supply chain you are in, product perishability and value, and the cost of assets. Depending on the terms with your customers, you may not care what happens once shipments leave your dock. Finally, it may just be a