ITT Exercises - Freight Transportation.pdf

Mawb destination pieces weight of each piece weight

Info icon This preview shows pages 94–97. Sign up to view the full content.

MAWB #, destination, # pieces, weight of each piece, weight of the total shipment, transfer stations, handling information, HAWB#. 5. What is a s hipper’s letter of instruction (SLI) and why is it important? The SLI is an itemized list giving all the details required for the completion of the air waybill. The use of the SLI will ensure that the s hipper’s instructions are complete and will avoid having you obtain additional information from the client for acceptance of the shipment and issuance of the air waybill. A very important legal aspect of this document is that by signing it, the shipper does two things: 1. Authorizes his agent (the freight forwarder) to prepare and sign the air waybill on his behalf. 2. Certifies that the contents of the consignment are properly identified by name, commodity, weight, etc. 6. Is an air waybill a negotiable document? No, a contract of carriage ONLY. 7. What are some of the functions of an air waybill? Contract of carriage, contract of receipt, information sheet, insurance request and a customs declaration.
Image of page 94

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Answers Air Freight Page | 95 2017 8. How do you send out documents to your agent for an air freight shipment? In an envelope attached behind the MAWB. 9. When and why would you complete the declared value for carriage box in the air waybill? You would enter the value of the shipment when you want the carrier to assume a greater liability for the goods. By declaring a value for carriage, carrier may assess valuation charges. When no value is declared, NVD (no value declared) shall be entered. 10. When would you complete the declared value for customs box in the air waybill? When the AWB is also acting as a customs declaration in the evaluation of import duties. When no value is declared, NCV (no commercial value) may be entered OR the box may be left blank. 11. What is meant by a shipment delivered ready for carriage to the airline? The air waybill is completed, the additional documents are attached in an envelope and the shipment is properly packed with the marks and proper air waybill labels are affixed to the cargo. 12. What is TACT? The Air Cargo Tariff, the airlines’ rates and rules. 13. What is a specific commodity rate? Rate for named commodities moved between named cities. 14. What are the maximum advanced charges that can be added on to the collect air freight charges on the AWB? Not more than the air freight charges as long as the goods have a sound commercial value. 15. What is meant by low-density cargo? Weight is charged per volume instead of actual weight, i.e., bulky cargo. Cargo will be referred to as “volume cargo” when the cargo surpasses the volume weight formula of 6,000 cm 3 /kg. 16. What does GCR stand for? General Cargo Rate.
Image of page 95
Answers Air Freight Page | 96 2017 17. Which convention does air freight carrie r’s liability fall under? What amount is the carrier liable for in the case of a claim?
Image of page 96

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 97
This is the end of the preview. Sign up to access the rest of the document.
  • Fall '18
  • Jane Smith
  • freight forwarder, Commercial item transport and distribution, CIFFA, Ocean Transportation Intermediary

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern