Time Volume Agreement | ||||
As a Carrier, you can make Time Volume Agreements (TVA) with your clients, if you need to offer a lower rate than you have filed in your FMC tariff for the same commodity, service type and port pair. Such TVAs are not confidential, like carrier's Service Contracts or NVOCC NSAs, as anybody can access your commodity tariff. A so-called Time Volume Agreement has to be established (see draft) and signed by both parties. Thereafter, the text of the TVA should be filed in your tariff under a separate commodity description duly indexed as a TVA and with a reference rule under Rule section 26 "Time/Volume Rates in Foreign Commerce", which will stipulate the TLI number(s) where the specific rates are filed under and the minimum quantity volume and time period the said TVA is in effect. Any party, who claims "Me Too" shall be able to obtain the same terms as stated in a TVA for the first 30 days of the TVA's publication in your tariff. In order to file a TVA into your tariff, please attach a copy of the TVA agreement, and Lalandia will file it as per above mentioned rules. A TVA filing fee of $25.00 is applicable plus normal Commodity/TLI charges. Very important: A Time Volume Agreement cannot be amended or changed during the effective period, so any increase in charges or surcharges cannot be incorporated at a later on. Therefore, it is recommended not to issue TVA for longer periods, as some charges and surcharges are beyond the NVOCC's control. |
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