Re: Making money with a railroad
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Russell Strodtz <sheridan@...>
Tony,
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If we are talking about freight charges then it would mean it was prepaid. If the charges are for icing or pre-cooling then that would be an advance. I would not be surprised if the tariffs allowed charges at origin to be collected by the providing party. Once the car was "In Transit" I think they were usually passed along and collected at destination. Considering the volume being loaded it would not be a bad idea for SP/PFE to get that money up front. I have a lot of waybill copies. Need to look some over to give a more definitive answer. Russ ----- Original Message -----
From: Anthony Thompson To: STMFC@... Sent: Tuesday, 19 December, 2006 10:45 Subject: Re: [STMFC] Making money with a railroad Russell Strodtz wrote: > Terminating road would collect the freight charges. Charges that were > "Advanced" such as diversion, perishable service, livestock FWR, would > be peeled off and paid to the party due. The rest, just like per diem, > would be handled through a settlement process that only paid balances > due. Was this always true? I have seen PFE shipments on SP waybills that clearly show loads outbound to the East, originating on SP, which are marked to be paid by the shipper to SP. Is that an "advance" payment? Tony Thompson Editor, Signature Press, Berkeley, CA 2906 Forest Ave., Berkeley, CA 94705 www.signaturepress.com (510) 540-6538; fax, (510) 540-1937; e-mail, thompson@... Publishers of books on railroad history |
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