Agency Agreement

 

This Freight Forwarding Agreement (the “Agreement”) is entered into on the below date by and between Citi Freight Logistics Inc (PARTY A), a company incorporated under the laws of the State of New Jersey, USA, with its principal office at 55 Carter Drive, Edison, NJ 08817, USA (“Freight Forwarder”), and Company details as below:

This Agreement is entered into by and between Citi Freight Logistics Inc. ("Party A"), [The Freight Forwarder] and [Customer Name Above] ("Party B"), collectively referred to as the "Parties".

WHEREAS, the Party A agrees to provide freight forwarding and logistics services to the Party B;
WHEREAS, the Party B desires to use the Freight Forwarder’s services for the transportation of goods;

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the parties agree as follows:

APPOINTMENT

Citi Freight Logistics Inc. is authorized to act as Party B’s non-exclusive agent in the USA and Canada.

Services Provided

• Party B shall provide all necessary support and perform all required actions for Citi Freight Logistics Inc., in accordance with the Freight Forwarder’s instructions.
• The Freight Forwarder agrees to arrange transportation of goods, including but not limited to handling, storage, and delivery, as instructed by Party B.

 

OBLIGATIONS OF PARTY B

• Party B shall provide accurate and complete information regarding the goods, including dimensions, weight, content, and any special requirements.
• Party B shall comply with all applicable laws and regulations (including export/import laws) and provide necessary documentation in a timely manner

Payment Terms

• Party B agrees to pay all fees, costs, and charges related to the services either within 15 to 30 days from the invoice date in accordance with the terms of the shared network membership (WCA, JCTRANS, or GLA), or prior to shipment delivery, as per the agreed terms.
• All financial transactions (estimates, debit/credit invoices, statements, settlements, and remittances) shall be made in US Dollars.
• Party B shall be liable for any detention or demurrage charges imposed by the carrier.

Insurance

• The Freight Forwarder does not provide insurance for goods unless specifically requested in writing by the Party B and agreed upon by the Freight Forwarder. Any such insurance shall be subject to separate terms and additional charges. The Party B is responsible for insuring the cargo unless specifically requested and agreed upon by the Freight Forwarder.
• It is the sole responsibility of the originating Party B to procure insurance or request a quote and approval for insurance charges before shipment movement.

Liability of the Freight Forwarder

• Citi Freight Logistics Inc." will not be responsible for any accidental loss, lost or damage that occurs during the transit. The total liability of Citi Freight including negligence is limited to the sum of $0.50 cents per pound or $250 maximum.
• The Freight Forwarder is not liable for:
  • Acts or omissions of third-party carriers or agents;
  • Delays due to customs or regulatory actions;
  • Force majeure events (e.g., natural disasters, war, strikes, government actions).
• Party B acknowledges the inherent risks in transportation and agrees to secure appropriate insurance coverage.

Indemnity

The Party B agrees to indemnify, defend, and hold harmless the Party A and its affiliates from any claims, damages, liabilities, or expenses arising from except where caused by the Freight Forwarder’s gross negligence:

• Misrepresentation or omission of goods’ details by the Party B;
• Violations of applicable laws or regulations by the Party B;
• Any third-party claims related to the goods or the Party B actions.

Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, USA.

Dispute Resolution and Arbitration

• Any dispute arising out of or related to this Agreement shall be resolved through arbitration conducted in the State of New Jersey, USA.
• Each party shall appoint one arbitrator, and the two arbitrators shall appoint a neutral third arbitrator to form the arbitration panel.
• The decision of the arbitration panel shall be final and binding on both parties, and judgment may be entered in any court of competent jurisdiction.

Force Majeure

The Freight Forwarder shall not be liable for failure to perform its obligations under this Agreement due to circumstances beyond its reasonable control, including but not limited to acts of God, war, embargoes, strikes, or natural disasters.

Term and Termination

• This Agreement shall remain in force for one (1) year from the date of signing and shall automatically renew unless terminated or amended in writing.
• Either Party may terminate this Agreement at any time with written notice.

BINDING AUTHORITY

Each Party affirms that they are legally authorized to enter into this Agreement. This Agreement may be executed in duplicate, and each copy shall be deemed an original.

 Miscellaneous

• This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings.
• No amendment or modification to this Agreement shall be valid unless made in writing and signed by both parties.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

 

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