Code of Federal Regulations (alpha)

CFR /  Title 46  /  Part 532  /  Sec. 532.5 Requirements for NVOCC negotiated rate arrangements.

In order to qualify for the exemptions to the general rate publication requirement as set forth in section 532.2, an NRA must:

(a) Be in writing;

(b) Contain the names of the parties and the names of the representatives agreeing to the NRA;

(c) Be agreed to by both NRA shipper and NVOCC, prior to receipt of cargo by the common carrier or its agent (including originating carriers in the case of through transportation);

(d) Clearly specify the rate and the shipment or shipments to which such rate will apply; and

(e) May not be modified after the time the initial shipment is received by the carrier or its agent (including originating carriers in the case of through transportation). [76 FR 11360, Mar. 2, 2011; 76 FR 19707, Apr. 8, 2011, as amended at 77 FR 33972, June 8, 2012]