About ACACSO:
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Car service and car accounting issues date back to the very beginning
of rail interchange. In 1927, in testimony before the Interstate Commerce
Commission, Arthur Hale describes the rules for car-hire settlements
beginning in the 1860’s. The first recorded reference (we know of)
to the predecessor of this organization is Mr. Hale’s mention of an
1878 meeting of the Car Accountants Association. Of course, the real
reason for the introduction of per diem car-hire was to facilitate
the proper flow of equipment, which explains the association’s twin
constituencies – car accountants and car service officers. Mr. Hale’s
testimony describes the work of the association known as The General
Time Convention and its Committee on Car Mileage. These were the direct
predecessors to The American Railway Association and its Committee
on Car Service. We now know these entities as the AAR and its Equipment
Assets Management Working Committee.
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