Fleet management is a key to rail industry success
-- and Millennium Rail, Inc. has the experience and resources to manage your
railcar fleet -- regardless of its size and specific needs. Our services are
there for you to pick and choose. All or any of our services are available to
meet your needs.
Millennium Rail, Inc. offers:
Car Reports & Records:
Our computer system enables us to maintain complete car history records
(received on a monthly basis from both the AAR and specific railroads) for
immediate access. Our reports include:
Master Car List is an overview
of accumulated mileage, maintenance costs, and equivalent cents per mile.
Cost-Per-Mile Analysis indicates
total accumulated mileage by individual car and train. It also equates
maintenance costs to a cents-per-mile basis for both car and train.
History Report profiles each
car's repair records and includes a running total.
- Car Hire
History Report (for
railroad-owned cars) lists car hire earned per car/railroad for any
specified time period.
Movement Records provide from/to
railroad, date, time and junction location.
History Report (for
privately-owned cars) breaks out loaded and empty miles for each car, on
both a monthly basis and a running total.
Mileage vs. Component Wear Analysis tracks
the replacement of critical car components. When parts are being replaced
short of expected life, the facts can be investigated.
Over Forecast Report lists the
critical components that will exceed anticipated mileage life to provide
"red flags" for probable replacement in the near future. This is useful in
anticipating replacements for budget purposes.
Payment of car hire/mileage earnings can be directed to us through the
Equipment Register. We will use these monies to pay repair bills, reclaims,
miscellaneous invoices, etc. and forward the balance to the car owner on a
Auditing of Car
By combining and comparing information from car hire records and car movement
records, we can establish discrepancies and pursue payment via car hire claims.
The Railway Equipment Register can direct repair bills for work performed to us.
We will audit them for accuracy and appropriateness and will pursue any
corrections on our customers behalf. If desired, we will pay these bills from
car hire/mileage earnings.
Experienced personnel can be made
available on request for specific services to include: new car inspection; used
rail car acquisition; used rail car acquisition; component performance analysis;
When a railroad wrecks or damages cars in
our managed fleets, we will interface with the carrier involved. Upon request,
we will establish depreciated value and recommend if repairing the car would be
economically feasible or not. We will also prepare and submit all necessary
By planning and maintaining inventories of materials, critical car components
and specialized parts, we minimize out-of-service time for your fleet.
Vice President Sales