Overview§
A due bill is a document issued by a common carrier requesting payment for additional charges that were not covered during the payment of the original freight bill. This typically happens when unforeseen costs arise or there is an error in the initial freight billing. Due bills are important in the transportation and logistics industry to ensure that all costs incurred during the transport of goods are sufficiently covered.
Examples§
- Fuel Surcharge: If the cost of fuel increases significantly after the initial freight bill has been issued, the common carrier may issue a due bill to cover the additional fuel costs.
- Overweight Charges: If a shipment exceeds the weight originally declared, the carrier may issue a due bill to cover the extra weight fees.
- Demurrage Fees: If a shipment stays longer than expected at a terminal, leading to storage fees, these can be added in a due bill.
Frequently Asked Questions§
1. What is a common carrier? A common carrier is a business that transports goods or people for any individual or company and is responsible for any loss of the goods during transport.
2. How is a due bill different from a freight bill? A freight bill is the initial bill outlining the fees for transporting goods. A due bill, on the other hand, accounts for any additional charges that were not covered in the freight bill.
3. Why might a due bill be issued? Due bills are issued to cover any unforeseen or additional costs that were not included in the initial freight bill, such as extra weight, special handling fees, or unexpected delays.
4. How can I dispute a due bill? To dispute a due bill, you should contact the carrier directly and provide any evidence or documentation that supports your case. It is essential to resolve disputes quickly to avoid any service interruptions.
5. Are due bills common in the logistics industry? Yes, due bills are relatively common due to the dynamic nature of shipping logistics and the possibility of unforeseen costs.
Related Terms§
Freight Bill§
A document issued by a carrier that describes the freight, charges incurred, and the payment terms for transporting goods.
Common Carrier§
A company that transports goods or services for the general public under the authority of a regulatory body.
Demurrage§
Charges incurred when a shipper or consignee excessively delays the loading or unloading of goods, leading to extra costs.
Surcharge§
An additional fee added to the standard transportation charge, often due to increased operational costs such as fuel.
Overweight Charge§
An extra fee applied when the actual weight of a shipment exceeds the declared weight on the freight bill.
References§
For more information on due bills, visit the following resources:
Suggested Books for Further Study§
- “International Logistics: The Management of International Trade Operations” by Pierre A. David
- “Global Supply Chain and Operations Management: A Decision-Oriented Introduction to the Creation of Value” by Dmitry Ivanov, Asei Mukhrejee, et al.
- “Transportation: A Supply Chain Perspective” by John Coyle, Robert Novack, et al.
Fundamentals of Due Bills: Transportation Basics Quiz§
Thank you for diving into the intricacies of due bills with us! Your understanding and expertise in transportation logistics are sure to benefit from this knowledge.
