{"@context":"https://schema.org","@type":"DefinedTerm","name":"Compensation for loss of cargo","description":"Compensation for loss of cargo is the indemnity a carrier or transport insurer owes when goods are wholly or partially lost in transit. The applicable liability regime depends on the mode of transport: the CMR Convention governs international road freight, the Hague-Visby Rules cover most sea shipments, and the Montreal Convention applies to air cargo. In every case, the carrier's liability is capped – typically per kilogram of gross weight – and actual cargo values frequently exceed those limit","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/compensation-for-loss-of-cargo","inLanguage":"en","dateModified":"2026-06-22T13:50:20.840645","citation":"https://unece.org/transport-logistics-supply-chain-management","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/compensation-for-loss-of-cargo","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Compensation for loss of cargo · Compensation for loss of cargo is the indemnity a carrier or transport insurer owes when goods are wholly or partially lost in transit. · Quelle: https://unece.org/transport-logistics-supply-chain-management"}