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Define
Definitions for
"Released Value"
Keywords:
shipper
,
pound
,
carrier
,
liability
,
lost
Related Terms:
Declared value
,
Declared valuation
,
Valuation
,
Agreed valuation
,
Abandonment
,
Cost and freight
,
Average
,
Cost, insurance and freight
,
Cfr
,
Cip
,
Cif
,
Cpt
,
Goods in transit
,
Non-binding estimate
,
F.o.b
,
Letter of indemnity
,
C&f
,
Foul bill of lading
,
Clean bill of lading
,
Freight rate
,
C.i.f
,
Fob
,
Free on board
,
Truckload
,
Estimates
,
Claims
,
Freight collect
,
Shipper's export declaration
,
Ddu
,
Deq
,
Freight forwarder
,
Ddp
,
Less than truckload
,
Freight bill
,
Freight
,
Ltl
,
Expedited service
,
Express
,
Ad valorem duty
,
Storage-in-transit
,
Demurrage
,
Claused bill of lading
,
Cargo insurance
,
Groupage
,
Reconsignment
,
Consolidator
,
Bol
,
Less-than-truckload
,
Fca
,
Fob destination
Carriers' liability is limited to 30 cents per pound of weight of lost or damaged article.
hargroveinc.com
value of goods set by shipper in consideration of rate to be charged.
saia.com
The lease amount of liability a carrier assumes for loss or damage when transporting goods. It is calculated at $.60 per pound per article.
aarnold.net
Usually used to limit the value of goods transported. The limitation refers to carrier liability when paying a claim for lost or damaged goods. Allows shippers to receive a lower freight rate in exchange for limiting the carrier's liability.
lmts.com
A rate subject to limitations respecting the liability of the carrier in case of loss or damage to the shipment.
csx.com
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