Switching Settlements Data Exchange

The Switching Settlements Data Exchange (SSDX) is a monthly financial exchange that offers railroads of all sizes an automated, standardized way to process switching charges. SSDX simplifies and expedites billing and ensures accuracy of switching charges by collecting and validating switching data, calculating net settlements, and issuing inbound and outbound reports to participating roads.

Railroads that provide switching services submit a consolidated monthly billing statement electronically through SSDX instead of sending paper invoices to multiple carriers. SSDX eliminates the need to process multiple paper invoices by hand, improving the speed and quality of information flow and capturing errors that can delay payment. This reduces in the cost of auditing interline switching settlements and provides an economical means to recover revenue lost through improper switching charges.

SSDX users can submit data through an FTP upload or through an easy-to-use Excel template and web upload interface. A validation feature produces a PDF report that provides immediate feedback on errors in the data. Billed rail partners receive a PDF summary of the billing statement and can dig into deeper levels of data if they identify a questionable item in the bill. SSDX is integrated with Railroad Clearinghouse, a centralized system for rail industry participants to administer and transfer funds.

 

2017 SSDX Schedule
Month Date In Production Date Date Out Report Available Funds Transfer Date
January 17 18 19 1/25/2017 1/26/2017
February 15 16 17 2/27/2017 2/28/2017
March 15 16 17 3/27/2017 3/28/2017
April 17 18 19 4/25/2017 4/26/2017
May 15 16 17 5/25/2017 5/26/2017
June 15 16 19 6/26/2017 6/27/2017
July 17 18 19 7/25/2017 7/26/2017
August 15 16 17 8/25/2017 8/28/2017
September 15 18 19 9/25/2017 9/26/2017
October 16 17 18 10/25/2017 10/26/2017
November 15 16 17 11/27/2017 11/28/2017
December 15 18 19 12/26/2017 12/27/2017

 

 

Note: Any files submitted after 5pm Eastern Time on the IN date may not be included in the production run. If you have questions about the SSDX schedule, please contact the Railinc Customer Support Center at csc@railinc.com.

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