GlossaryEN1 min readUpdated: Jun 13, 2026

damage sharing

When transport damage occurs, multiple parties—shipper, carrier, forwarder, or insurer—often share responsibility for the loss.

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Last updated: 13 June 2026Published: 27 January 2026

Source: https://de.wikipedia.org/wiki/Schadenteilung

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Definition & Explanation

When transport damage occurs, multiple parties—shipper, carrier, forwarder, or insurer—often share responsibility for the loss. Damage sharing defines, by contract or applicable law, what percentage or quota each party bears of the costs and compensation claims. A typical case: insurer and carrier split liability if investigation shows the damage resulted partly from negligent handling and partly from unforeseeable circumstances. This distributes financial burden fairly rather than placing full liability on one party.

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damage sharing

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Related Terms

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CPTPP – Value Added Share Apparel

liability share

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AfCFTA African Continental Free Trade Area – Value Added Share of Mechanical Engineering

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