| Effective | 26MAY1995 |
|---|---|
| Filed | 26APR1995 |
| Filing Codes | I |
a. Arrowpac International, Inc. shall be liable ONLY for
the damages and/or losses resulting from its failure to
exercise due diligence and proper care in its
performance as a Container Freight Station Operator.
b. For the purpose of fixing the maximum limit of Arrowpac
CFS terminal's liability for loss of or damage to cargo
while in Arrowpac's possession, the value of the cargo
shall be conclusively presumed to be not in excess of
$50.00 per package or breakbulk piece (including all
Government duties and excise taxes), unless a greater
value is declared in writing prior to or at the time
cargo is delivered to Arrowpac CFS.
c. Additional liability, unto the full declared value of
each package or breakbulk piece, will ONLY be assumed
by Arrowpac CFS upon the payment of a liability premium
computed at 1% (one percent) of the total declared
value for all packages or breakbulk pieces for which a
higher value has been declared, which charge shall be
in addition to all otherwise applicable charges.
Further, regardless of the value declared, Arrowpac's
liability will NOT exceed the total actual of the cargo
of any damage thereto.
d. 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 for insurance, nor instructions to
any party to insure, shall be deemed a "declaration of
value" as provided in paragraph c. above or be
interpreted as increasing Arrowpac's stipulated
liability; nor shall any such offering supplement or
amend in any way the liability of Arrowpac for the
cargo when delivered to the CFS.