Item Number: 610.1

MINIMUM CHARGE - RATE FLOOR AND ABSOLUTE MINIMUM CHARGE

  1. The term "Rate Floor" or " Floor," where used in carrier's tariffs, shall mean the minimum revenue due carrier on any shipment, including revenue determined as due after application of percentage discounts, allowances, or other percentage rate factors. Percentage discounts, allowances, or other percentage rate factors will not apply to the extent they operate to reduce revenue due carrier below the amount specified as an absolute minimum charge or rate floor. Allowances or incentives of any kind will not be calculated off of the rate floor or absolute minimum charge amount.
  2. The rate floor (absolute minimum charge) after application of any discount, allowance, or percentage rate factor shall be that specified in the carrier's class rate or commodity (including discount commodity) rate tariff, except as otherwise provided in Items 610.2 or 610.3.
  3. Except as otherwise provided, the minimum charge for a single LTL shipment from one consignor to one consignee on one bill of lading shall be at the rate applicable per 100 pounds, but in no case less than the minimum charge shown in the Table of Class Rates in tariffs governed by this tariff.


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