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TRANSPACIFIC CARRIERS ADOPT RULES FOR PROCESSING SEDS

TRANSPACIFIC CARRIERS ADOPT RULES FOR PROCESSING SEDS

   Fourteen carriers belonging to the Westbound Transportation Stabilization Agreement have agreed on fees charged to customers for electronically filing shippers export declarations, or SEDs.

   The fee will be $100 per SED or export license when a carrier files a declaration covering shipments on its vessels.

   Shipper amendments to a bill of lading declaration must conform to the original SED, or be supported by an SED showing the words “Correction Copy.” Amendments will likewise incur a handling charge of $100 each to the shipper’s account.

   Shippers or forwarders will be liable for all losses, damages, delays, penalties and/or fines arising from the late filing of SEDs.

   The charges are effective Nov. 1.