„Declared Value For Carriage“

What does Declared Value For Carriage stand for?

The value of goods declared to the carrier by the shipper for the purposes of determining charges and establishing the liability of the carrier.

Source:

“Transportation: A Supply Chain Perspective” by John J Coyle, C. John Langley, Brian Gibson, Robert A. Novack, 7th edition, South-Western College Pub, 2010.

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