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RMI and RailAmerica (RA) Enter Agreement for Car Repair Billing Software System

February 22, 2012 7:04 AM EST
RA Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

EPS Growth %: +116.7%
RMI, a GE Transportation company and the largest independent provider of Transportation Management Software and comprehensive information services, today announced that it has reached a five-year agreement with RailAmerica, Inc. (NYSE: RA) for the implementation of RMI’s ExpressYard Car Repair Billing (CRB) and Operations Management Software System. As part of the deal, RailAmerica will implement ExpressYard CRB at 20 railcar repair facilities across North America.

RMI’s ExpressYard CRB system is the industry-leading software solution for railcar repair billing, inventory control, and operations management. RailAmerica owns and operates 43 short-line and regional freight railroads in North America. RailAmerica chose RMI’s ExpressYard CRB for its ability to instantly give users access to vital industry information like early warnings and equipment maintenance advisories to help keep rolling stock in safe operating condition. In addition, RailAmerica repair shops will now be able to go “paperless” by adopting wireless handheld technology for real-time data collection in the repair facility, as and where the work is performed.


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