RULE: 12 - AD VALOREM RATES Eff: 23MAY2022
All shipments moving pursuant to and rated under the rules, regulations, charges and rates named in individual NRAs governed by this Tariff are predicated on Carrier's liability NOT exceeding the limits specified in the Carrier's regular B/L (see Rule 8) and/or the provisions named herein. a. Overocean Service Liability: The liability of the Carrier for any loss or damage to or in connection with transportation of goods shall not exceed US$500.00 or the equivalent of that sum in any other currency, per package or in the case of goods not shipped in packages, per customer freight unit unless the Shipper desires a value not so limited. In which case the Shipper shall declare a value in writing before shipment. This declared value will be inserted onto the Bill of Lading, and to compensate the Carrier for its greater responsibility, the Shipper shall pay on this shipment five (5%) percent of the value so declared in addition to the specific rate for the commodity shipped as specified in this tariff or the Minimum Bill of Lading Charge (See Rule 6). b. Inland Service Liability: While cargo is in transport between U.S. Points of Origin or Destination and U.S. POL or POD as part of a through intermodal movement, the terms, conditions and liability of the U.S. domestic inland Carrier's Tariff or Contract of Carriage will apply. WEN-PARKER LOGISTICS, INC.'s liability will be limited to the same extent, in the same amounts and by the same conditions as published and enforced by the U.S. Domestic Carrier. WEN-PARKER LOGISTICS, INC. will NOT accept, NOR be liable for, any liability greater than the such limits. c. Neither any oral declaration, nor any statement of value for governmental or Customs purposes, nor presentation of invoices for use in foreign Customs, nor collection of C.O.D. amounts or other purposes, nor the declaration of value for insurance, nor instructions to the Carrier to insure, shall be deemed a "declaration of value" as provided in paragraphs a. and b. above which would increase Carrier's stipulated liability, nor shall any such offering supplement or amend in any way the liability of the Carrier for the cargo at the time of shipment, on which charges for transportation services are based. d. Regardless of the value declared by the Shipper, Carrier's liability will NOT exceed the actual value of the cargo or the actual damages sustained when less. e. Where rates or charges are specified in this Tariff as applying on an Ad Valorem Basis, the value used in the assessing freight charges shall be the invoice value shown on Shipping Documents and the Bill of Lading.
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