{"@context":"https://schema.org","@type":"DefinedTerm","name":"Agency Agreement","description":"The agency agreement serves to establish formal legal representation in freight and logistics operations: the principal authorizes an agent to negotiate, conclude contracts, or carry out tasks such as shipping, warehousing, or customs clearance on the principal's behalf and at the principal's expense. All legal consequences of the agent's actions bind the principal directly; the agent operates strictly within the granted authority and does not become a contracting party in its own right. Customs","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/agency-agreement","inLanguage":"en","dateModified":"2026-06-23T14:02:31.714135","citation":"https://www.investopedia.com/terms/a/agency-agreement.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/agency-agreement","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Agency Agreement · The agency agreement serves to establish formal legal representation in freight and logistics operations: the principal authorizes an agent to negotiate, conclude contracts, or carry out tasks such as shipping, warehousing, or customs clearance on the principal's behalf and at the principal's expense. · Quelle: https://www.investopedia.com/terms/a/agency-agreement.asp"}