minimum bill of lading
- A clause in a Bill of Lading specifying the lowest fee that the carrier will impose for issuing lading, which can be a fixed amount or the standard fee per ton for a specific quantity
- In the shipping agreement, the minimum bill of lading clause outlined the smallest fee they would pay for lading issuance.
- The cargo company revised the minimum bill of lading to improve profitability.
- The minimum bill of lading was adjusted to reflect the standardized fee per ton.
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