duty to mitigate damages

Obligation of a party to take reasonable steps to minimize the damages resulting from a contract breach or other loss in logistics/transport.

A contractual obligation under Incoterms requiring the parties to take reasonable steps to reduce or mitigate damages arising from non-performance, br...

A legal action brought to obtain compensation for damages suffered, typically due to breach of contract, fault or negligence, or liability in transpor...

Legal obligation to file a notice or declaration with authorities when goods are transported, entered, or shipped. Includes customs declarations and r...

The party designated to calculate, declare, and pay duties and charges (such as customs duties, taxes, and levies) related to a shipment or transport ...

A formal demand for compensation for loss or damage to goods incurred during transport, handling, or storage, submitted to the carrier, insurer, or fr...