Co-Loading in Foreign Commerce
Definition:
Co-loading shall mean the
combination of cargo, in the import and export foreign commerce of the
Extent of Activity:
Carrier participates in
co-loading agreements on a carrier-to-carrier relationship. Carrier tendering
cargo for co-loading shall notify shipper of such action by annotating each
applicable bill of lading with the identity of any other NVOCC with which its
cargo has been co-loaded.
And/or
Carrier participates in
co-loading on a shipper/carrier relationship, meaning the receiving NVOCC
issues a bill of lading to the tendering NVOCC for carriage of the co-loaded
cargo. Carrier shall co-load cargo at its discretion and shall notify shipper
of such action by annotating each applicable bill of lading with the identity
of any other NVOCC with which its shipment has been co-loaded.
Payment of Freight
and Charges:
Where carrier engages in
co-loading, carrier will be responsible to pay any other common carrier's rate
and charges in order to transport the shipper's cargo to its destination and
there will be no additional charge assessed to the shipper.
Where carrier is the tendering NVOCC, carrier shall
be responsible to the receiving NVOCC for payment of any charges for the
transportation of cargo.
(effective: 08/01/2003)