RULE: 7 - PAYMENT OF FREIGHT CHARGES & EXTENSION OF CREDIT Eff: 23FEB2015
| Effective | 23FEB2015 |
|---|---|
| Filed | 23FEB2015 |
| Filing Codes | IC |
Unless otherwise specifically provided, Freight charges, assessorial
charges, surcharges or other charges named in this Tariff, in an NRA, in
an NSA or in Tariffs governed by this Tariff, including advanced
charges, may be prepaid or collect (See Note 1) at origin or
destination, SBJ to the provisions named in this Rule. However,
regardless of whether B/L payment status is prepaid or collect, the
Shipper, his duly authorized Freight Forwarder or Agent, 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 prior to
transportation service in all instances unless credit has been
extended to Shipper or Consignee as provided herein:
Household Goods
Personal Effects
Vehicles
a. Full Freight and additional Charges named in any NRA, NSA or a Tariff
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 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 any NRA, NSA or a Tariff governed by this
Tariff are quoted in U.S. Currency, unless otherwise noted, and have
been determined with due consideration to the relationship of U.S.
Currency to any other currencies involved. In the event of any
material deterioration in the exchange value of U.S. Currency,
Carrier reserves the right, upon publication in this Tariff, to
adjust the rates and charges named in an NSA or Tariff governed by
this Tariff to remove any adverse effect in conformity with the U.S.
Shipping Act of 1984, as amended, and SBJ to the regulations of the
Federal Maritime Commission issued pursuant thereto.
c. When Freight and other Charges named in any NRA, NSA or Tariff
governed by this Tariff are paid in foreign currency, Carrier will
accept payment in such 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 B/L may NOT be changed or altered once
transportation service of Cargo has commenced (e.g. "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. STANDARD CREDIT PROVISIONS:
1. 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 B/L as responsible for
the payment of Freight and Charges, in amounts not to exceed
Freight, Assessorials, Terminal and/or Advanced Charges. The
credit period shall be 15 (Fifteen) days from the date of delivery
of Cargo in the case of collect shipments or from the date Cargo
is tendered to originating Carrier in the case of prepaid
shipments.
2. If freight or other Charges are NOT paid within the credit period
specified herein, the Carrier will cancel the delinquent party's
credit privileges after which time ALL Freight and Assessorial
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.
f. PRE-APPROVED CREDIT FOR PERIOD BEYOND STANDARD CREDIT PERIOD:
1. Carrier will consider extending credit for a period in excess of
15 days upon formal application by Shipper for such extension.
Shipper's application must include reason for request, the credit
time period requested and sufficient information to allow Carrier
to evaluate the request. Once approved, payment of lawful freight
and charges will be due within the credit period agreed to; credit
period shall begin from the date of Carrier's invoice.
2. If Freight or other Charges are NOT paid within the credit period
specified herein, the Carrier will cancel the delinquent party's
credit privileges after which time ALL Freight and Assessorial
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.
g. If any party responsible for the payment of charges, to whom Carrier
has extended credit privileges, fails to pay the full amount of
lawful freight and/or other charges due as specified herein within
the credit period allowed by Carrier, the Carrier shall assess a
charge equal to 3% (three percent) of the unpaid amounts on the date
credit period has expired. Additionally each 30 day period such
charges remain unpaid in full, after the expiration of the credit
period, Carrier will assess an additional 3% (three percent) of the
unpaid amounts until all charges are paid in full, which charge shall
be in addition to all other applicable charges.
h. If any party responsible for the payment of charges ultimately fails
or refuses to pay lawful Freight and/or other Charges due as
specified above, the Carrier shall be entitled to recover all
collection costs incurred, including but not limited to, reasonable
collection agency fees, attorneys' fees and court costs.
