Item Number: 1000.5
USED, REPAIRED, RECONDITIONED EQUIPMENT OR MACHINERY (LIMITED LIABILITY FOR)
- Shipments of the following commodities that are used, repaired or reconditioned, etc. will be accepted for transportation only when the consignor releases the shipment subject to a value not exceeding $.50 per pound:
NMFC Items 17800 through 20140 (Automobile Parts)
NMFC Items 60500 through 73540 (Electrical Equipment or Parts)
NMFC Items 114000 through 133475 (Machinery or Parts) - The released value must be entered on the shipping order or bill of lading as follows: "The agreed or declared value of the properly is hereby specifically stated by the shipper to be not exceeding $.50 per pound."
- If the consignor declines or fails to declare the value or agree to a released value, the shipment may not be accepted. If inadvertently accepted, the shipment will be considered as being released to a value of $.50 per pound.