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BROKERSHIPPER AGREEMENT THIS BROKERSHIPPER AGREEMENT (this Agreement) is made and intended to be effective this day of, 20 by and between Pankhurst Logistics LLC, a Minnesota limited liability company,
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How to fill out broker-shipper agreement

01
Start by gathering all the necessary information about the broker and the shipper.
02
Include details about the goods or products to be shipped, such as quantity, weight, and type.
03
Specify the rates and charges for the transportation services provided by the broker.
04
Clearly define the responsibilities and liabilities of both the broker and the shipper.
05
Include provisions for insurance coverage and claims in case of loss or damage to the goods.
06
Outline the payment terms, including any deposits, credit limits, or penalties for late payments.
07
Specify the duration of the agreement and any conditions for termination or renewal.
08
Include any additional terms or clauses that are relevant to the specific broker-shipper relationship.
09
Ensure that all parties involved carefully review and sign the agreement before it comes into effect.

Who needs broker-shipper agreement?

01
Any individual or company that engages in the transportation of goods or products and utilizes the services of a broker could benefit from a broker-shipper agreement.
02
This can include manufacturers, retailers, wholesalers, distributors, and other businesses involved in the supply chain.
03
Even individual shippers who frequently require transportation services can benefit from having a broker-shipper agreement in place to ensure clear communication and expectations between all parties.
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A broker-shipper agreement is a legal contract between a freight broker and a shipper that outlines the terms and conditions under which the broker arranges transportation of goods on behalf of the shipper.
Freight brokers who operate under authority granted by the Federal Motor Carrier Safety Administration (FMCSA) and engage in arranging transportation for shippers are required to file a broker-shipper agreement.
To fill out a broker-shipper agreement, parties must provide accurate information including names, addresses, contact details, specifics of the services offered, payment terms, and any regulatory requirements necessary to ensure compliance.
The purpose of a broker-shipper agreement is to establish a clear understanding between the broker and the shipper regarding the responsibilities of both parties, ensuring compliance with regulations and outlining the terms of service.
The broker-shipper agreement must report information such as the names and addresses of the broker and shipper, the scope of services, rates and payment terms, and any other relevant contractual terms.
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