RULE: 12.Z - AD VALOREM RATES Eff: 12MAY2009
| Effective | 12MAY2009 |
|---|---|
| Filed | 12MAY2009 |
| Filing Codes | C |
All shipments moving pursuant to and rated under the rules,
regulations, rates and charges named in 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. Over-ocean Service Liability: While cargo is in transit
between POL and POD, Carrier's liability shall be
determined in accordance with the clauses of the
Carrier's regular B/L (See Rule 8). If the Shipper
desires to be covered for a valuation in excess of the
amount specified in the Carrier's regular B/L, the
Shipper must so stipulate such desire to Carrier, in
writing, prior to tender of cargo to Carrier at origin,
and such desire must be stipulated in the Carrier's B/L
covering such shipment. Such additional liability will
ONLY be assumed by the Carrier upon the payment of an
additional charge of 3% (three percent) of the total
declared valuation in excess of the Bill of Lading limit
specified above. This Ad Valorem charge shall be in
ADDITION to all other otherwise applicable rates and
charges assessed under this Tariff Section.
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 movement, the terms,
conditions and liability of the underlying inland
Carrier's Tariff or Contract of Carriage will apply.
UPS's liability will be limited to the same extent, in
the same amounts and by the same conditions as published
and enforced by the underlying inland U.S. Domestic
Carrier. UPS will NOT accept, NOR be liable for, any
Liability greater than 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 he actual damages sustained when less.
