What is Hazardous Surcharge?
Hazardous Surcharge An extra charge applied by carriers or terminals for the handling, transport, or storage of dangerous or hazardous goods as defined by regulations.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Hazardous Surcharge” Used in Practice?
The shipping line imposed a hazardous surcharge due to the presence of flammable materials in the container.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Hazardous Surcharge?
An extra charge applied by carriers or terminals for the handling, transport, or storage of dangerous or hazardous goods as defined by regulations.
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