Author: Rajeev Kak

Digitalizing Interline Settlements

RAILWAY AGE, SEPTEMBER 2020 ISSUE: The average freight railroad conducts thousands of interline settlements representing a significant portion of business revenue. Yet, the push to drive down working capital requirements, reduce outstanding and overdue claims mired in lengthy dispute resolution cycles and accelerate revenue recognition faces headwinds related to limitations of legacy interline settlements in most Class I, II and III railroads.