Get the free BROKER DRAYAGE INTERMODAL AGREEMENT 1 DRAYMAN REPRESENTS

1June 2011 BROKER DRAY AGE INTERMODAL AGREEMENT This Agreement is entered into this day of, 20, by and between Cornerstone Systems, Inc., (“BROKER “), a Registered Property Broker, LIC. No. MC321007,

How to fill out broker drayage intermodal agreement

Who needs broker drayage intermodal agreement?

1. Freight brokers: Freight brokers are responsible for arranging the transportation of goods between shippers and carriers. They need a broker drayage intermodal agreement to establish the terms and conditions of their relationship with the drayage carriers.
2. Drayage carriers: Drayage carriers specialize in transporting goods over short distances, typically from ports or rail yards to warehouses or distribution centers. They need a broker drayage intermodal agreement to outline their obligations, rates, and responsibilities when working with freight brokers.
3. Shippers: Shippers are the owners or consignees of the goods being transported. They may require a broker drayage intermodal agreement to ensure that their goods are transported safely and in compliance with applicable regulations.
4. Intermodal equipment providers: Intermodal equipment providers supply the containers, chassis, or trailers used in intermodal transportation. They may need a broker drayage intermodal agreement to define their roles and responsibilities when working with freight brokers and drayage carriers.
5. Third-party logistics providers: Third-party logistics providers (3PLs) offer a range of logistics services, including arranging transportation on behalf of shippers. If they are involved in arranging drayage services, they may need a broker drayage intermodal agreement to formalize their relationships with freight brokers and drayage carriers.

How to fill out broker drayage intermodal agreement:

1. Introduction: Start by providing the names and contact information of the parties involved, including the freight broker, drayage carrier, and any other relevant parties. Clearly state the purpose of the agreement and the effective date.
2. Definitions: Define key terms used throughout the agreement to ensure clarity and consistency in its interpretation. This may include terms such as "drayage services," "equipment," "rates," and "force majeure."
3. Scope of services: Outline the specific drayage services to be provided, including the origins and destinations, types of equipment to be used, and any additional services required (e.g., container yard storage, terminal handling).
4. Rates and payment: Clearly specify the rates, fees, and payment terms agreed upon by both parties. This should include details such as hourly rates, fuel surcharges, demurrage charges, and any penalties for late payment.
5. Insurance and liability: Indicate the insurance requirements for both the freight broker and the drayage carrier to ensure adequate coverage for potential risks. Allocate responsibility for any loss, damages, or injuries during the transportation process and define the limits of liability.
6. Compliance and permits: Ensure that both parties comply with all applicable laws, regulations, and permits related to drayage operations. Specify who will be responsible for obtaining and maintaining necessary permits and licenses.
7. Termination: Define the conditions and procedures for terminating the agreement, including any notice periods and potential penalties or liabilities upon termination.
8. Dispute resolution: Include a clause that outlines the process for resolving any disputes or claims that may arise during the course of the agreement. This may include negotiation, mediation, or arbitration.
9. Governing law: Specify the jurisdiction and governing law that will govern the interpretation and enforcement of the agreement.
10. Signatures: Once the agreement is filled out, ensure that all parties involved sign and date the document to indicate their acceptance and commitment to its terms.

Remember, it is recommended to consult with legal professionals to ensure compliance with applicable laws and regulations, and to customize the agreement according to the specific needs of the parties involved.

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What is broker drayage intermodal agreement?

Broker drayage intermodal agreement is a contract between a broker and a drayage carrier to transport intermodal freight.

Who is required to file broker drayage intermodal agreement?

The broker is required to file the broker drayage intermodal agreement.

How to fill out broker drayage intermodal agreement?

The broker must fill out the agreement with all relevant information regarding the shipment, carrier, and terms of the agreement.

What is the purpose of broker drayage intermodal agreement?

The purpose of the agreement is to establish the terms and conditions for transporting intermodal freight.

What information must be reported on broker drayage intermodal agreement?

The agreement must include details such as the origin and destination of the shipment, carrier information, and payment terms.