When a logistics contract takes effect, its general terms and conditions or a separate arbitration clause often stipulate that disputes must be settled through arbitration rather than before state courts.
Source: https://www.investopedia.com/terms/a/arbitration.asp
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.