Extended liability agreements in logistics come into play when a freight or logistics services contract is negotiated and the statutory liability caps of the applicable freight lawâsuch as those under the CMR Convention or national commercial codesâfall short of the actual cargo value.
Source: https://www.logisticsglossary.com/extended-liability-logistics-agreements
Matching tools and partners
You might also be interested in these terms
Free ¡ No password ¡ Never a paywall. Weekly top news and facts from logistics.
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.