What is ready for carriage?

1.14 READY FOR CARRIAGE. A SHIPMENT that is acceptable to CARRIER and ready to be transported by CARRIER, as described in Article 3 and accompanied by all the documentations required in Article 4.

How do you read AWB?

Air Waybill Number

The first 3 digits are the Airline Prefix.
The next 7 digits is the Serial Number of the AWB.
The last digit is the Check digit. The check digit is derived by dividing the 7 digit Serial Number by 7. The remainder determines the Check Digit.

What is a high value cargo?

Generally, anything worth more than $100,000 is considered high value. Then, you need to understand the extent of your carrier’s liability coverage. If you are moving a $500,000 piece of construction equipment and the carrier’s liability policy only covers $300,000, you could be liable for that shortfall.

What is SCI on AWB?

SCI (Special Customs Information)

When can a consignment be considered as ready for carriage?

a) Export, Import and interline/Transshipment b) Warehouse, security, Customs c) Landside, airside, Customs d) Export, Import, warehouse 31. When can a consignment be considered as “Ready for Carriage”? a) When all documentary procedures have been completed and the cargo has been screened.

How is air cargo volumetric weight calculated?

Example: Volumetric calculation 1 pallet: 140 x 100 x 90 cm Actual Volume – 1.2 x 1.0 x 0.9 = 1.26 cubic meters Calculating Volumetric Weight 1.26 Cbm Divide / by 0.006 = 210 – This will become the volumetric weight of the shipment in Kilograms.

What are examples of valuable cargo?

Valuable Cargo

Vihicle.
Gold, platinum group metals;
Legal banknotes, travellers’cheques, securities, share coupons, and stamps;
Precious stones, including diamonds rubies, emerald, sapphires, opals and pearls;
Jewellery, watches and articles made of silver, gold and platinum;

What are considered high value goods?

A high value item is any item, set or collection of:

Jewellery or precious metals.
Pictures, paintings, books or other works of art.
Furs.
Antiques.
Fine wines.
Stamps or coins.

What is declared value for customs?

Customs Value is the total value of all items in your shipment and determines how much import duty the package recipient must pay. For example, if you are shipping 10 dresses each valued at US$25.00 (or local currency equivalent), then you would enter a customs value of US$250.00.

What are the three functional areas of cargo terminal?

Three major attributes are linked with the importance and the performance of transport terminals:

Location. The major locational factor of a transport terminal is obviously to serve a large concentration of economic activities, representing a terminal’s market area.
Accessibility.
Infrastructure.

What does declared value for carriage mean?

What does Declared Value for Carriage mean? The value of cargo declared to the transport provider by the shipper with the purpose of determining charges, establishing the limit of the transport provider’s liability for damage, loss or delay. Ready for the future of logistics?

What is cargo value and why does a carrier require it?

The concept of cargo value is often not understood and one of the most common questions is why a carrier requires this information. The Declared Value for Carriage is a value that is placed on the goods by the shipper. This value is indicated in a currency and is submitted to the carrier to determine essential shipping information.

Is cargo insurance the same as liability through a declared value?

Liability through a declared value for carriage and cargo insurance are not the same thing. Let’s explore the differences in a little more detail. A cargo insurance typically guarantees compensation against loss or damage, through the payment of a premium by the shipper or consignee.

Where do I find the cargo value on a commercial invoice?

While it’s not presented on all BLs, the cargo value is also indicated in the commercial invoice that is issued by the shipper. Airway bill – The declared value is also found on the airway bill.