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CFR › Title 46 › Chapter IV › Subchapter B › Part 520 › Section 520.12

46 CFR 520.12 - Time/Volume rates.

§ 520.12
Time/Volume rates.
(a) General. Common carriers or conferences may publish in their tariffs rates which are conditioned upon the receipt of a specified aggregate volume of cargo or aggregate freight revenue over a specified period of time.
(b) Publication requirements. (1) All rates, charges, classifications rules and practices concerning time/volume rates must be set forth in the carrier's or conference's tariff.
(2) The tariff shall identify:
(i) The shipment records that will be maintained to support the rate; and
(ii) The method to be used by shippers giving notice of their intention to use a time/volume rate prior to tendering any shipments under the time/volume arrangement.
(c) Accepted rates. Once a time/volume rate is accepted by one shipper, it shall remain in effect for the time specified, without amendment. If no shipper gives notice within 30 days of publication, the time/volume rate may be canceled.
(d) Records. Shipper notices and shipment records supporting a time/volume rate shall be maintained by the offering carrier or conference for at least 5 years after a shipper's use of a time/volume rate has ended.
(e) Liquidated damages. Time/volume rates may not impose or attempt to impose liquidated damages on any shipper that moves cargo under the rate. Carriers and agreements shall rerate cargo moved at the applicable tariff rate, if a shipper fails to meet the requirements of the time/volume offer.

Title 46 published on 2012-10-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code
USC : Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES

§ 553 - Rule making

USC : Title 46 - SHIPPING

§ 305 - Regulations

§ 40101 - Purposes

§ 40102 - Definitions

§ 40501 - General rate and tariff requirements

§ 40502 - Service contracts

§ 40503 - Refunds and waivers

§ 40701 - Rates

§ 40702 - Rate standards

§ 40703 - Effective date of rates

§ 40704 - Commission review

§ 40705 - Presidential review of Commission orders

§ 40706 - Exceptions

§ 41101 - Joint ventures and consortiums

§ 41102 - General prohibitions

§ 41103 - Disclosure of information

§ 41104 - Common carriers

§ 41105 - Concerted action

§ 41106 - Marine terminal operators

§ 41107 - Monetary penalties

§ 41108 - Additional penalties

§ 41109 - Assessment of penalties

Title 46 published on 2012-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 46 CFR 520 after this date.

  • 2013-02-26; vol. 78 # 38 - Tuesday, February 26, 2013
    1. 78 FR 13011 - Non-Vessel-Operating Common Carrier Negotiated Rate Arrangements; Tariff Publication Exemption
      GPO FDSys XML | Text
      FEDERAL MARITIME COMMISSION
      Notice of proposed rulemaking.
      Comments or suggestions due on or before: April 29, 2013.
      46 CFR Parts 515, 520, and 532