RULE: 9 - FREIGHT FORWARDER COMPENSATION Eff: 01JUN2016
| Effective | 01JUN2016 |
|---|---|
| Filed | 01JUN2016 |
| Filing Codes | IC |
Except as otherwise provided in individual TLIs (Rate
Items), Compensation to a licensed Ocean Freight Forwarder
will be paid in connection with any shipment dispatched on
behalf of others when, and only when, such Forwarder is
licensed with the Federal Maritime Commission, has
certified in writing that it holds such a valid FMC issued
Forwarder License (including the number thereof) and has
performed the following services:
1. Engaged, booked, secured, reserved, or contracted
directly with the Carrier or its agent for
Carrier's service or confirmed the availability of
that service; and
2. Prepared and processed the Bill of Lading, Dock
Receipt, or other similar document with respect to
the shipment.
a. Carrier will NOT knowingly pay compensation:
1. more than once on a single shipment; and
2. on a shipment in which the Forwarder has a direct
or indirect beneficial interest; and
3. on any pre-carriage, on-carriage or advanced
charges.
4. Military Sealift Command or Military Traffic
Management Command Cargoes.
b. The amount of Freight Forwarder Compensation will be a
percentage of the Freight charges named in this Tariff
Section, exclusive of Assessorial Charges, Surcharges,
Arbitraries or Advanced Charges. Freight Forwarder
Compensation will be as follows:
- 1.25% (One and One-Quarter Percent) on all
Shipments
c. Freight Forwarder Compensation and Freight Brokerage
will NOT be paid on the same shipment.
d. Invoices for Compensation MUST be presented for payment
within 6 (six) months of sailing date of transporting
vessel.
