What is an EDI 432 Rail Car Hire Rate Negotiation Document?

EDI 432 is a transaction set that allows fleet owners to deprescribe their rail cars and re-distribute them to other potential participants at new rates. 

The data contents and format of EDI 432 Rail Car Hire Rate Negotiation are used for the electronic interchange of information. It is divided into various segments and data elements.  

Workflow for the Exchange of an EDI 432 Rail Car Hire Rate Negotiation Document

EDI 432 falls under the category of X12I Transportation transaction set. This transaction set helps in the deprescription of rail cars so that fleet owners can distribute them at new rates among other participants in the railroad system. 

Stay EDI Compliant with EDIConnect

EDIConnect is designed to handle EDI X12, HL7, and EDIFACT transaction sets. EDIConnect, bundled with its built-in parser, validator, and transaction builder, makes the process of sending and receiving EDI messages quick and easy. It also enables businesses and trade partners to communicate in a seamless manner and achieve EDI compliance.

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