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Delivery time

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Glossaries

Term Definition
Delivery time
The period of time during whichcarrierobliged to delivercargoby appointment and for compliance with which he is responsible to the cargo owners. It includes the time required to transport the cargo from the point of departure to the destination (including for loading and unloading operations), performing various auxiliary operations and paperwork. For a delay in the delivery of goods against the agreed deadlines, the carrier pays the cargo owner a fine usually set as a percentage of the freight fee. In case of emergency situations and force majeure, the carrier is exempt from paying a fine for delay in delivery of the cargo.