Carriage agreement meaning refers to a legal document that outlines the terms and conditions of transportation services between a carrier and a shipper. This agreement is essential for any shipment or carriage of goods as it clarifies the responsibilities, liabilities, and rights of both parties involved in the transportation process.
A carriage agreement can take many forms, depending on the type of transport and the goods being transported. For instance, a carriage of goods by sea agreement (COGSA) is used for shipments transported by sea, while a bill of lading is used for shipments by air or land.
The carriage agreement typically includes several key terms, which include the description of the goods being transported, the agreed-upon transportation route, the shipment`s value, and delivery terms. It may also include provisions for storage, handling, and insurance of the goods.
One of the most crucial provisions in a carriage agreement is the liability of the carrier. The carrier is responsible for any damage or loss that occurs to the goods during transportation, unless the damage or loss is due to an act of God, public enemies, or the shipper`s fault.
The carriage agreement also includes the shipper`s obligations, which include providing accurate information about the goods being transported, packaging the goods appropriately, and paying the agreed-upon transportation fees.
In conclusion, a carriage agreement meaning is a legal document that defines the terms and conditions of transportation services between a carrier and a shipper. This agreement is crucial for any shipment or carriage of goods and protects both parties` interests. It is essential to seek the help of a legal expert to draft and review a carriage agreement to ensure that it meets all legal requirements and protects your interests.