MineHub to work with Railinc for rail shipments

Executive Summary

• MineHub Technologies has integrated its platform with Railinc, the central data exchange for the North American rail industry, to enhance rail tracking capabilities for its customers.
• The integration provides direct access to Railinc's authoritative rail event network, offering unprecedented visibility into rail shipments from the moment an organization is listed on the waybill.
• Key benefits include reduced reliance on supplier-provided data, richer datasets with waybill details and trip-level insights, and faster, more accurate tracking updates with lower latency.

Key Details

• Integration Partner: Railinc, a subsidiary of the Association of American Railroads and the central data exchange for the North American rail industry.
• Data Volume & Scope: Railinc processes over 300 million daily transactions related to rail movements and monitors over 11 million railcar movement events each day across more than 600 rail carriers in the United States, Canada, and Mexico.
• Operational Benefits:
  • Direct access to comprehensive tracking updates from Railinc's network, reducing reliance on supplier-provided data.
  • Access to richer data sets including waybill details, estimated interchange times, and trip-level insights.
  • Faster, more accurate tracking updates with lower latency and reduced risk of duplicate or erroneous events.
  • Visibility across both inbound and outbound rail shipments through a single authorization process.
• Strategic Impact: The partnership aims to optimize supply chain operations, drive potential cost reductions, and support future feature development for MineHub customers.

Notable Quotes

• "We are thrilled to partner with Railinc and offer our customers unparalleled visibility into their rail shipments. This integration is a testament to our commitment to providing the most comprehensive and reliable supply chain solutions for the commodity markets." — Andrea Aranguren, Chief Executive Officer of MineHub