X12 transaction guide · Catalogs and pricing
EDI 432 Rail Car Hire Rate Negotiation
The X12 document fleet owners use to distribute new car hire rates to other participants.
- Sent by
- Rail car fleet owner
- Received by
- Railroads and other participants
- Standard
- ANSI ASC X12
What is an EDI 432?
The EDI 432 Rail Car Hire Rate Negotiation is the ANSI X12 transaction set fleet owners use to distribute new car hire rates to other participants.
Car hire rates determine what a railroad pays a car owner for each hour and mile the car spends on its lines. When owners set or negotiate new rates, every railroad that may use the cars needs them to calculate settlements, which are then exchanged with the 414. Owners may negotiate rates with users under industry rules.
How to read this diagram: the top row shows who sends the 432, to whom, and which documents usually come before and after it. The lower part shows what X12 release 008010 itself requires: the envelopes around the 432 and the segments and loops the standard marks as required, area by area. Optional loops are listed by the segment that starts them rather than drawn in full. This is the standard's minimum, not a trading partner's requirement: each partner's implementation guide usually makes some optional loops mandatory, restricts the codes and may use a different release.
When it is used
- Distributing new car hire rates
- Announcing rate changes for a fleet
- Supporting car hire settlement calculations
Where it fits in the document flow
Structure
Mandatory segments in the 432 (X12 release 008010)
The segments X12 release 008010 marks as mandatory at their level, in order. Segments inside optional loops are needed only when the loop is used. This is the standard's requirement, not your trading partner's: each partner's implementation guide names the release it uses, adds the optional segments it requires and restricts the values. The requirement status comes from one published X12 reference listing and has not been checked against a second source.
- ST
- BGN
- BLR
- LX
- CIC
- SE
Practical example
The 432 in practice
A leasing company acquires 2,000 new tank cars and sets their car hire rates. It sends railroads a 432 with the rates by car group and the effective date. The railroads load the rates so the next car hire settlements use them.
Implementation
Implementation considerations for the 432
- State the effective date of each rate clearly.
- Identify the cars or car groups each rate applies to.
- Keep rate tables synchronized with settlements.
- Follow the industry's car hire rules and timelines.
How ECOM helps
Automate the 432 with ECOM
Industry
Trucking and Transportation
Load tenders, responses, status and freight invoices for carriers, brokers and shippers, integrated with the TMS.
Solution
Financial Document Automation
Automate invoices, remittances, payment files and bank statements from capture to posting.
Solution
EDI Integration
Exchange X12 and EDIFACT documents with partners and integrate them directly with your ERP.
More general questions about EDI are answered in the EDI FAQ.
Related transactions
Related catalogs and pricing documents
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