Cary, NC, August 9, 2011 (James Street Media Services)--Railinc announced today that the first phase of the Comprehensive Equipment Performance Monitoring (CEPM) program is underway and on-target for implementation in January 2012. A multi-phase, multi-year industry-wide initiative, CEPM will result in an entirely new database of railcar equipment component information. This data will provide better information that can be used to develop faster and more cost-effective component recalls, prevent derailments, lower operating costs and improve equipment maintenance planning. To accomplish this the railroad industry is developing a new process and related technology tools that will be introduced, starting with wheelsets, in 2012. CEPM will later be expanded to cover other components.