RULE: 12 - AD VALOREM RATES Eff: 15Jan1994

Effective 15Jan1994
Filed 13Dec1993
Filing Codes I

  A. The liability of the Carrier as to the value of
     shipments at the rates herein provided shall be
     determined in accordance with the clauses of the
     Carrier's regular Bill of Lading form.

  B. If the Shipper desires to be covered for a valuation
     in excess of that allowed by the Carrier's regular
     Bill of Lading form, the Shipper must so stipulate in
     the Carrrier's Bill of Lading covering such shipments
     and such additional liability will only be assumed by
     the Carrier at the request of the Shipper and upon
     payment of an additional charge based on the total
     declared valuation in addition to the stipulated
     rates applying on the commodities shipped as
     specified herein.

  C. Where value is declared on any piece or package in
     excess of the Bill of Lading limit value of $500.00
     the Ad Valorem rate, unless specifically provided
     against the item, shall be five (5%) percent of the
     value declared in excess of the said Bill of Lading
     limit of value and is in addition to the base rate.

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