Novated Freight Contracts in Outsourcing
Quelle: https://www.cips.org/knowledge/glossary/n/novation/
TL;DR
A novated freight contract in outsourcing refers to the process whereby an existing freight transportation agreement between a shipper and a carrier is transferred, by means of novation, to an outsourcing service provider. The provider becomes the new contracting party while preserving the original terms and conditions. This enables the client to streamline logistics management, consolidate contracts, and leverage the …
A novated freight contract in outsourcing refers to the process whereby an existing freight transportation agreement between a shipper and a carrier is transferred, by means of novation, to an outsourcing service provider. The provider becomes the new contracting party while preserving the original terms and conditions. This enables the client to streamline logistics management, consolidate contracts, and leverage the provider’s network and rates.
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