GENCOM TRANSPORTATION, INC.
MAXIMUM CARRIER LIABILITY – ARTICLES OF EXTRAORDINARY
VALUE
A.
Unless otherwise provided, articles with an invoice value exceeding the limitations
shown below in Column B, relative to the corresponding Class in Column A, will be
considered to be of extraordinary value.
Atricles of extraordinary value accepted for transportation will be subject to a
maximum liability of $100,000.00 per occurrence.
The maximum value per pound will be arrived at by determining the actual
Class of the articles tendered, as published in NMFC 100 series, or at an Exception
Class, if applicable, whichever is less, and will apply to the weight of the lost
or damaged articles (see note B). The
maximum value allowed will be that which is shown in Column B opposite the Class
indicated in Column A as follows:
|
COLUMN A
|
COLUMN B
|
COLUMN A
|
COLUMN B
|
COLUMN A
|
COLUMN B
|
|
CLASS
|
MAXIMUM
VALUE
PER POUND
|
CLASS
|
MAXIMUM
VALUE
PER POUND
|
CLASS
|
MAXIMUM
VALUE
PER POUND
|
|
50
|
$.50
|
85
|
$1.50
|
175
|
$2.50
|
|
55
|
$.50
|
92.5
|
$2.00
|
200
|
$2.50
|
|
60
|
$.50
|
100
|
$2.50
|
250
|
$2.50
|
|
65
|
$.50
|
110
|
$2.50
|
300
|
$2.50
|
|
70
|
$1.00
|
125
|
$2.50
|
400
|
$2.50
|
|
77.5
|
$1.20
|
150
|
$2.50
|
500
|
$2.50
|
B.
When on shipments handled by GCTI in connection with another carrier (either
Air, Motor, Water or Rail), GCTI’s maximum liability in the event of loss or damage
will in no case exceed the maximum liability of the other carrier.
For example: If the other carrier’s
maximum liability is $50.00 per shipment, the maximum carrier liability of the other
carrier and GCTI will be $50.00 for the shipment.
C.
If the shipper does not properly describe the freight on the Bill of Lading or
uses a description of “FAK” or “Freight All Kinds” or other language that does not
properly identify the commodities shipped, subsequent claims for shortage or damage
will be based on the lowest value of any commodity contained in the shipment.