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ADDENDUM ELECTRONIC RATE CONFIRMATION This Electronic Rate Confirmation Addendum, effective the day of, 20 amends any Transportation Brokerage Agreement, including any appendices, addenda, exhibits

How to fill out electronic rate confirmation

How to fill out electronic rate confirmation:

1. Begin by opening the electronic rate confirmation form on your device or computer.
2. Fill in the required fields with accurate and up-to-date information. This usually includes details such as the date of the rate confirmation, the name and contact information of the shipper and carrier, the pick-up and delivery locations, and any special instructions or requirements.
3. Provide the specific details of the shipment, such as the type of goods being transported, the weight or dimensions of the shipment, and any other relevant information.
4. Ensure that all necessary terms and conditions are clearly stated in the rate confirmation. This may include the agreed-upon rates, any additional fees or surcharges, and any specific terms regarding liability or insurance.
5. Review the filled-out rate confirmation form carefully to ensure accuracy and completeness. Double-check all the information provided before moving forward.
6. Once you are confident that all the details are accurate, electronically sign and date the rate confirmation form. Some platforms may require additional verification steps, such as a password or pin.
7. Save a copy of the completed rate confirmation for your records. It is essential to have a copy for reference and proof of agreement between the shipper and carrier.

Who needs electronic rate confirmation:

1. Shippers: Shippers, also known as consignors, are the individuals, businesses, or organizations that send out goods to be transported. They typically require electronic rate confirmation to establish a clear agreement with the carrier regarding the rates, terms, and conditions for shipping the goods.
2. Carriers: Carriers, also known as freight carriers or transportation companies, are responsible for physically moving the goods from the shipper to the intended destination. They often need electronic rate confirmation to formalize the agreement with the shipper and ensure that all parties are on the same page regarding the rates and terms of transportation.
3. Logistics Providers: Logistics providers, such as freight forwarders or third-party logistics (3PL) companies, may also require electronic rate confirmation. They act as intermediaries between shippers and carriers, coordinating the transportation process. Electronic rate confirmation helps them establish the agreed-upon terms and conditions between all parties involved.

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What is electronic rate confirmation?

Electronic rate confirmation is a digital document that verifies the agreed upon rate for services provided.

Who is required to file electronic rate confirmation?

All parties involved in a transaction where services are provided at a pre-determined rate must file electronic rate confirmation.

How to fill out electronic rate confirmation?

Electronic rate confirmation can be filled out using a digital form provided by the relevant authorities, with information such as service details, rates, and signatures.

What is the purpose of electronic rate confirmation?

The purpose of electronic rate confirmation is to provide a record of the agreed upon rate for services provided, ensuring transparency and accuracy in transactions.

What information must be reported on electronic rate confirmation?

Information such as service details, rates, dates of service, names of parties involved, and signatures must be reported on electronic rate confirmation.