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.