RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 23MAY2022
Freight charges, assessorial charges, surcharges or other charges named in this Tariff and in individual NRAs governed by this Tariff including advanced charges may be prepaid at origin or collected at destination, SUBJECT to the provisions named herein. (See NOTE 1) However, regardless of whether Bill of Lading 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 and in individual NRAs governed by 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, or his agent, 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 and in individual NRAs governed by 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 by rule charges applicable to this Tariff so as 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 individual NRAs 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 the originating Carrier. d. The payment status of a Bill of Lading 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 Bill of Lading 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 seven (7) 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 accessorial 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.
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