RULE: 9 - FFC - FREIGHT FORWARDER COMPENSATION Eff: 01NOV2018
| Effective | 01NOV2018 |
|---|---|
| Filed | 01NOV2018 |
| Filing Codes | IC |
Compensation to a licensed Ocean Freight Forward will be paid in
connection with any shipment dispatched on behalf of a Shipper with
a valid NSA when, and only when, such Forwarder is licensed with
the Federal Maritime Commission under Section 19(a) of the Shipping
Act of 1984, as amended, and has certified in writing that it holds
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.
b. The amount of Freight Forwarder Compensation will be a percentage
of the Freight charges named in this Tariff and/or a governed NSA,
and a governed NSA exclusive of Assessorial Charges, Surcharges,
Arbitraries or Advanced Charges. Freight Forwarder Compensation
will be as follows:
1.5% (one and one half percent) of freight
charges on Prepaid Shipments: SEE EXCEPTIONS:
EXCEPTIONS:
NONE CURRENTLY IN EFFECT
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.
