Glossary Shipping / Term


An industry term regarding loss or damage of goods. Carmack is governed by 49 U.S.C 14706, which states that a motor carrier must
- issue the bill of lading and
- pay the actual loss or injury to the property.

However, carriers limit their liability for release-value products, and can limit their damages to $25 a pound or $100,000 a shipment.

Permanent link Carmack - Creation date 2020-07-13

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