NEBT 125

RULES TARIFF
 

ITEM 781

                                                               LIABILITY LIMITATIONS

 

1.  Freight All Kinds (FAK) Pricing

            Carrier’s liability for loss or damage to any article(s) or part(s) thereof for which the charges are determined by class exception ratings or freight of all kinds (FAK) class exceptions is limited to the (1) actual invoice value of the article(s) lost, damaged or destroyed; (2) limited liability provisions of the bill of Lading; or (3) applicable limited liability provisions of the NMFC  (note 1); whichever is less, subject to the maximums by exception class as shown below, unless a higher value is declared and additional charges are paid.

 

Class Exception	*Maximum Liability  Per Hundredweight
50	$1.00
55	$2.00
60	$2.50
65	$4.00
70	$6.50
77.5	$7.00
85 & up	$7.50

            * Maximum liability per pound per individual lost or damaged piece within the shipment.

 

          

(1)   When a number of individual pieces have been unitized, strapped or otherwise fastened together, boxed, packaged or contained on pallets or skids, or have been over packed in additional complying package, Carrier’s liability will be determined by separately multiplying the lowest level of liability for the commodity being shipped times the weight of the total number of individual pieces lost or damaged and not on the basis of the weight of the total number of pieces.

 2.  Released Value – Used, Reconditioned or Refurbished Articles or Parts (See NOTE B) 

1.       Commodities as described in NOTE A below, when shipped as “used”, “reconditioned” will be accepted for transportation only when the consignor releases the value of the property to a value not exceeding $.10 per pound with a maximum of $1,000.00 per shipment.

2.       Failure of the consignor to release the value of the property to a value not exceeding $.10 per pound or declare that the commodity is “used”, “reconditioned”, or “refurbished” shall not alter the application of this item.  

NOTE A – The provisions of this item include, but are not limited to, the following commodities and their components thereof:  

Machinery Group or Parts (NMFC Items 114000 through 133454); Agricultural Implement Group (NMFC Items 6060 through 11690); Aircraft Group (NMFC Items 1750 through 12420); Automobile Parts Group (NMFC Items 17800 through 20252); Boad Group (NMFC Items 24500 through 25325); Electrical Equipment Group (NMFC Items 64600 through 66370); Vehicles, Motors, Parts (NMFC Items 188500 through 193100). 

NOTE B – Applicable only on Class rated shipments, except will not apply to those commodities named in NMF 100 Series which provide specific Released Value provisions, unless the used article release rate is less than the NMF 100 release rate.  

3.       Additional coverage for shipments with an actual value, at cost, greater than the limitations set in this item and item 780 can be obtained by contacting the Nebraska Transport Co., Inc. corporate office at 800 347 6331.  The rate for additional coverage will be $0.75 per $100.00 of excess valuation subject to a minimum charge of $40.00. 

4.       Volume shipments – Shipments for which a volume rates (reduced freight charges) are quoted will have a maximum liability limit to carrier of

a.       $1.25 per pound per piece, if new,

b.       $0.10 per pound per piece, if used,

c.       Actual value, at cost, per pound perpiece if less than a. or b. above, whichever is less.

Effective: April 2, 2007    

ISSUED BY:

Brent Holliday, President

1225 Country Club Road

P. O. BOX 1646

Scottsbluff, NE 69363-1646