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A freight and freight forwarding agreement stipulates the obligations and the liability of the parties. Depending on the provided services, the freight forwarder takes responsibility before the customer either as a carrier or as a mediator (freight forwarder) if the value of the transported goods exceeds the carrier's liability limit, it would be reasonable to insure the cargo in order to reduce risks.
A freight and freight forwarding agreement stipulates the obligations and the liability of the parties. Depending on the provided services, the freight forwarder takes responsibility before the customer either as a carrier or as a mediator (freight forwarder) if the value of the transported goods exceeds the carrier's liability limit, it would be reasonable to insure the cargo in order to reduce risks.
A freight and freight forwarding agreement stipulates the obligations and the liability of the parties. Depending on the provided services, the freight forwarder takes responsibility before the customer either as a carrier or as a mediator (freight forwarder) if the value of the transported goods exceeds the carrier's liability limit, it would be reasonable to insure the cargo in order to reduce risks.
Which obligations and responsibilities of the contractual parties are
stipulated in freight and freight forwarding agreements? Similarly to all other types of agreements, the freight and freight forwarding agreement stipulate the obligations and the liability of the parties. The party who has ordered the transport and the party who has paid for it are generally interested that the possible damages that may occur during the transport process would be indemnified. The carrier and the freight forwarder are interested in receiving the agreed-upon charges for the performed works. 2. In which cases the freight forwarder is responsible before its customer like a carrier? Depending on the provided services, the freight forwarder takes responsibility before the customer either as a carrier or a mediator (freight forwarder). In many cases the freight forwarder takes responsibility as a carrier when filling in the freight agreement, despite the fact that the freight forwarder does not perform the transport physically. For instance, in cases where the activities include the arrangement of road transport when the freight forwarder issues a transport document or makes a transport offer on its own behalf. In this case the freight forwarder is responsible before its customer similarly to the carrier who actually performs the transport, being a contractual carrier which means that it is as if a freight agreement has been concluded. When complex freight forwarding services are provided, the freight forwarder may act as a carrier and as a mediator within the performance of one agreement (e.g., as a carrier when performing the road transport and as a mediator when arranging customs clearance). 3. What should the customer do in order to reduce risks, if the liability insurance of the carrier does not fully include the possible damages for the customer in case of loss of the cargo? Limited liability. The carrier/freight forwarder does not have to indemnify the full value of the damaged or lost goods. An upper liability limit has been established for every gross kilogram of the lost or damaged goods for every mode of transport (in maritime transport it may also be per a lost or damaged cargo unit, depending on which is larger). The upper liability limits are provided in the table. If the value of the transported goods exceeds the carrier's liability limit, it would be reasonable to insure the cargo in order to reduce risks (conclude a cargo insurance agreement). 4. What are the general functions of a waybill? Based on transport document, the carrier may issue an invoice for the performed transport services. The most common transport documents is the waybill. A waybill is used for all types of transport.
The Forwarder´s Concern: An introduction into the marine liability of forwarders, carriers and warehousemen, the claims handling and the related insurance
An Example of The Arbitration Clause That Will Be Placed in The Commercial Agreements Has Been Shown in The Section On "Introduction To TOBB Arbitration" in This Book