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A Trailer Interchange Agreement is a contract between a Carrier and a User that outlines the terms and conditions for the interchange of trailers owned, leased, or controlled by the Carrier.
How do I edit the Trailer Interchange Agreement on DocHub?
To edit the document on DocHub, upload the PDF file, use the editing tools to make changes, and then save or export the updated document.
What responsibilities does the User have under this agreement?
The User is responsible for using the Equipment safely, returning it in good condition, maintaining proper insurance coverage, and bearing costs related to taxes and damages.
What happens if there is damage to the Equipment?
The User is responsible for all damages occurring while in their possession. In case of total loss, they must pay the commercial value of the trailer at the time it was interchanged.
Is insurance required for Users under this agreement?
Yes, Users must procure and maintain various types of insurance coverage as specified in the agreement, including liability and cargo loss insurance.
Is trailer interchange the same as cargo insurance?
Trailer interchange insurance functions similarly to cargo insurance. This type of coverage protects the trailer and the person hauling it from a variety of losses, such as: Collision. Fire.
Is trailer interchange the same as cargo insurance?
Trailer interchange insurance functions similarly to cargo insurance. This type of coverage protects the trailer and the person hauling it from a variety of losses, such as: Collision. Fire.
What does trailer interchange mean?
A trailer interchange agreement makes the motor carrier that has possession of the trailer responsible for any damage to the trailer, whether or not the trailer is attached to the tractor.
What is the difference between non-owned trailer and trailer interchange?
Trailer Interchange (TI) Trailer interchange extends to damage(s) while the non-owned trailer is in your care, custody, or control but requires a written agreement between your company and the owner of the trailer to be in force. This agreement is between your company and the owner of the trailer.
What does trailer interchange mean?
A trailer interchange agreement makes the motor carrier that has possession of the trailer responsible for any damage to the trailer, whether or not the trailer is attached to the tractor.
trailer interchange agreement pdf
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