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Owner |
Tariff ID |
Rule |
Sub-Rule |
Filed |
Effective |
Expires |
019075 |
001 |
012 |
000 |
02-15-2005 |
02-15-2005 |
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RULE 12 - AD VALOREM RATES
A. The liability of the carrier, as to the value of
shipment at the rates provided herein shall be
determined in accordance with the clauses of the
carrier's regular bill of lading.
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 carrier's
bill of lading covering such shipments and such
additional liability only will 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 of value, the ad
valorem rate, unless specifically provided against the
TRI, shall be six (6%) 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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