Now that a customer has received a LOGS Confirmation Award Statement notification, what is the process from here?
Step 1: To secure the LOG, any premium bid (above $0) is considered a prepayment and the lump-sum premium payment (example, $1 premium on one 25 car 4 week LOG would be– $1 premium x 25 weekly cars x 4 # of weeks = $100) must be paid through account status or via wire transfer by close of business the two business days following bill availability in account status. Specific wire instructions will be provided with winner’s e-mail notification. Please note: The LOG identification number must accompany the prepayment transfer. When BNSF is notified of lump sum prepayment by Bank of America, the LOG bid process is considered completed. Step 2: For ease of doing business, BNSF retains custody of customer LOGS in a paperless format. However, customers may request a written LOG certificate by submitting a written request to the address shown below. This is a free service. Manager, LOGS BNSF Railway PO Box 961065 2650 Lou Menk Drive Fort Worth, TX 76161-0065 The purpose of a paperless LOG is
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- Now that a customer has received a LOGS Confirmation Award Statement notification, what is the process from here?