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Healthy equipment is essential to the everyday operations of the freight industry, but maintaining equipment is expensive. In 2020, the Railinc Car Repair Billing Data Exchange processed around $1.4 billion in foreign, AAR-billed repairs.
Railroads that follow the AAR rules of interchange for inspections and repair bill for most maintenance using the AAR price master. For some smaller roads, that may mean paying more in costs to complete repairs than what can be billed to the car owner.
Iowa Interstate (IAIS) can ship just about anything on their 580 miles of track between Council Bluffs, Iowa, and Chicago. With access to all Class I carriers, IAIS serves as a critical connection for Heartland shippers to any market in the world.