The Freight Forwarder Agency Agreement is essential for businesses requiring professional logistics services in the United States. This document is used when a company needs to engage a freight forwarder to manage their transportation and logistics operations. The agreement covers crucial aspects such as service scope, liability, insurance requirements, and compensation, while ensuring compliance with U.S. transportation laws and FMC regulations. It's particularly important for international trade operations and companies managing complex supply chains.
Freight Forwarder Agency Agreement for the United States
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Key Requirements PROMPT example:
Freight Forwarder Agency Agreement
"Need a Freight Forwarder Agency Agreement for our US-based manufacturing company to appoint an exclusive freight forwarder for handling all our European exports, with specific provisions for hazardous materials handling and real-time tracking requirements, starting March 2025."
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1. Parties: Identification of the freight forwarder and the principal, including full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope of Services: Details of the freight forwarder's appointment and specific services to be provided
5. Obligations of the Freight Forwarder: Detailed responsibilities and duties of the freight forwarder
6. Obligations of the Principal: Principal's responsibilities including information provision and payment obligations
7. Compensation and Payment Terms: Fee structure, payment terms, and invoicing procedures
8. Liability and Insurance: Limitation of liability, insurance requirements, and indemnification provisions
9. Term and Termination: Duration of agreement and termination conditions
1. Exclusivity: Terms of exclusive arrangement between the freight forwarder and principal
2. Performance Metrics: Specific KPIs and service levels required for the freight forwarding services
3. Customs Handling: Specific provisions for customs clearance services and responsibilities
4. Information Technology: Terms regarding use of specific software or systems for freight management
1. Schedule of Rates: Detailed pricing structure and rates for different services
2. Service Level Agreement: Detailed performance metrics and service standards
3. Insurance Certificates: Copies of required insurance policies
4. Operating Procedures: Detailed procedures for specific services
5. Territory Schedule: List of geographical areas covered by the agreement
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