„Independent Action“
What does Independent Action stand for?
The right of a conference member to depart from the common freight rates, terms or conditions of the conference without the need for prior approval of the conference.
Source:
Trade Agreements and PoliciesView all itemsCariou, Pierre. (2008). “Lin Shipping”. In Kent E. Norsworthy (Ed.), Economics of Transportation (pp.391-418). Elsevier.