RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 20JUL2004
| Effective | 20JUL2004 |
|---|---|
| Filed | 20JUL2004 |
| Filing Codes | I |
Freight charges, assessorial charges, surcharges or other
charges named in this Tariff including advanced charges may
be prepaid or collect (see NOTE 1) at origin or
destination, SUBJECT to the provisions named herein.
However, regardless of whether B/L payment status is
prepaid or collect, the Shipper, his duly authorized
Freight Forwarder, the Consignee and the Beneficial Cargo
Owner shall be, and will remain, jointly and severally
liable for all unpaid charges and freight, including but
not limited to, any sums advanced or disbursed by the
Carrier for the account of the cargo.
NOTE 1: Shipments of the following commodities MUST be
PREPAID in all instances: Household Goods; Personal
Effects
a. All freight and additional charges named in this Tariff
are due and considered earned upon receipt of the cargo
by the originating Carrier, or his agent, and shall be
paid to the Carrier without discount or deduction,
whether the ship and/or cargo is lost or not lost,
transportation is interrupted or abandoned, whether the
cargo is damaged or ruined, or whether packages or
containers are delivered empty or partly empty at
destination.
b. Rates and charges named in this Tariff are quoted in
U.S. Currency and have been determined with due
consideration to the relationship of U.S Currency to the
other currencies involved, In the event of any material
deterioration in the exchange value of U.S. Currency,
Carrier reserves the right, upon publication herein, to
adjust the rates and charges named in this Tariff to
remove any adverse effect in conformity with the U.S.
Shipping Act of 1984, as amended, and the regulations of
the Federal Maritime Commission issued pursuant thereto.
c. When freight and other charges named in this Tariff are
paid in foreign countries, Carrier will accept payment
in a foreign currency provided it is freely convertible.
When payment is effected in other than U.S. Currency,
currency conversion shall be calculated on the basis of
the highest official bank selling rate of exchange as
quoted on the official exchange for the currency
involved, on the day shipment is tendered to originating
Carrier.
d. The payment status of a B/L may NOT be changed once
transportation service of cargo has commenced (i.e.
"prepaid" shipments cannot be changed to "collect"
shipments and likewise "collect" shipments cannot be
changed to "prepaid" shipments) without the express
approval of the Carrier.
e. Carrier or its duly authorized agent, will, upon request
of the Shipper, Freight Forwarder, Consignee or
Beneficial Cargo Owner, extend credit to the party
listed in the B/L as responsible for the payment of
freight and charges, in amounts not to exceed freight,
assessorial, terminal and/or advanced charges. The
credit period shall be 30 (thirty) days from the date
of delivery of cargo in the case of collect shipments or
from the date of originating Carrier's cargo receipt in
the case of prepaid shipments.
If freight or other charges are NOT paid within the
credit period specified above, the Carrier will cancel
the delinquent party's credit privileges after which
time ALL freight and assessorial charges applying on
shipments moving for the account of such party MUST be
paid in cash, cashier's check or money order at the
time, or prior to the time, cargo is tendered to
originating Carrier for transportation.
If any party responsible for the payment of charges
fails or refuses to pay lawful freight and/or other
charges due as specified above, Carrier shall be
entitled to recover all collection costs incurred,
including but not limited to, reasonable collection
agency fees, attorney's fees and court costs.
