Demurrage Consulting
Railroads and their customers often find demurrage to be both difficult to understand and hard to administer. We can assist you in setting up TMS so that your monthly demurrage billing is both accurate and easy for your customers to follow.
We will:
Ensure TMS is accurately set up to generate demurrage based on the tariffs and contracts you have in place
Set up TMS to notify customers about cars subject to demurrage in a timely and accurate manner
Build proactive reports that warn customers and railroad management when demurrage is accruing for a customer.
Assist your railroad in resolving demurrage disputes.
Manage the TMS demurrage master files and all charges generated in TMS.
Providing both customers and railroad managers with proactive reports that point out problems and assist in estimating demurrage before month end closeouts.
Set up daily and monthly procedures to simplify the billing process.
Produce reports that show how demurrage revenue compares to car hire payments.