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Rail News: Short Lines & Regionals

Railinc drops RailSync suite from product portfolio

Yesterday, Railinc announced it will no longer sell or market the RailSync suite of information technology services targeted at regionals and short lines. RailSync’s Command, Control and Concur modules are designed to manage transportation, interline data exchange and revenue settlement, and car-hire processing functions.

Railinc plans to focus on its core product line by continuing to offer data exchange and integration, and information processing services to North American Class Is, regionals, short lines, suppliers, shippers and equipment-leasing firms. The company’s Electronic Data Interchange networks process about 2 billion messages annually.

Railinc — which also manages e-commerce Web site — will help customers transition away from RailSync products.

“Railinc is also exploring opportunities to transfer the RailSync suite of services to another party,” said President Allen West in a prepared statement. “Though we regret that we have not found RailSync compatible with our overall mission, we are excited about the future opportunities we are exploring and look forward to continued overall success … in the rail industry.”

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More News from 5/10/2006