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Broker-shipper contracts should include details about the duration of the contract, which services each will provide, insurance details, and any liability limits or how to conduct damage claims.
Define the services to be provided by both the broker and the carrier. Indicate the compensation or payment terms agreed upon between the broker and the carrier. Include any specific insurance requirements or coverage needed for the carrier. Outline any liability or disputes resolution provisions.
Freight brokers provide services such as finding carriers to transport freight, negotiating rates, and procurement services, while freight carriers are usually trucking companies that own their own fleet of trucks and take on freight directly from customers or freight brokers.
Broker-carrier agreement. The broker and carriers agreement includes information such as the carriers Motor Carrier (MC) number, the agreement date, the number of days until payment, invoicing procedures, insurance requirements, cargo limitations, contract dates, and pickup and delivery details.
These contracts, broker-carrier agreements, define who is responsible for what, how and when youll be paid for the load, as well as other requirements for both parties.
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People also ask

Should your broker-shipper contract include instructions on how to change the contract? A. Yes. If circumstances change, then you or the shipper or both may want to change the contract.
A carrier agreement is a legal contract between a customer and a carrier that outlines the terms and conditions in which the carrier provides certain services to the customer. A carrier agreement is typically between a customer and a carrier like UPS or FedEx.

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