Purpose Limitation

Process of identifying, separating and assigning costs to the appropriate cost object and accounting period to ensure accurate cost controlling, accou...

Load volume limitation is the restriction on the permissible internal volume of cargo carriers, vehicles or containers to comply with legal, safety, o...

A contractual or statutory cap on the monetary compensation for damages, losses, or costs arising from a contract, shipment, or transportation operati...

A concept for determining which damages fall under liability and how they are delineated or allocated among parties. In the logistics and transport co...

A liability limitation clause is a contractual provision in transport or supply contracts that caps the liable party's liability for damages, losses, ...

Under the ADSp, liability limitation refers to the maximum amounts for which the forwarder is liable for loss or damage to goods in connection with tr...