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Bailment or consignment: it makes a difference!
In a tolling arrangement, a vendor usually supplies raw materials to a commodity processor for conversion into finished product. The processor then delivers the finished or partially finished product to the supplier, or the supplier's designee, and charges the supplier a fee for the processor's services.
In many tolling arrangements, both the material supplier and the processor assume-and their contracts frequently provide--that the supplier retains ownership of the raw materials delivered to the processor, and the finished or semi-finished product of such new materials, in the processor's possession. However, these expectations might be shattered where the ...
- Collecting from consignees: getting detention charges on deliveries is...
- Magazine article from: Commercial Carrier Journal Seaton, Henry March 1, 2004 700+ words
...detention charges when consignees are responsible...derived--that a consignee becomes liable...detention from the consignee. Although it is possible to hold a consignee liable for detention...shipments and consignees on prepaid shipments...
- FSIS proposed rule to make lists of retail consignees during...
- Magazine article from: The Food Institute Report March 13, 2006 700+ words
...lists of all retail consignees of recalled meat and...activities. The retail consignee information would be...the list of retail consignees as "confidential business...it will make retail consignee lists available in...identifying the retail consignees are often not available...
- "Ultimate Consignee" is never off the hook.
- Magazine article from: Logistics Management & Distribution Report Schonland, Rodney C. March 1, 2001 700+ words
...situation involving importers and the "Ultimate Consignee." In most cases, the "Ultimate Consignee" and the "Importer of Record" are one...regulatory difference between the Ultimate Consignee and the Importer of Record. In my observation...
- New Hours-of-Service regs bring major changes to trucking industry: shippers...
- Magazine article from: World Trade Sowinski, Lara L. February 1, 2004 700+ words
...same time, the "shipper to consignee pairings" is a critical component...identical loads to two different consignees. If one consignee is not as organized as the...best practices' out to the consignees." Schneider National's...
- Broker, consignee of smuggled agri products face suspension of licenses.
- News wire article from: Philippines News Agency November 10, 2009 700+ words
...Bureau of Customs (BOC) plans to suspend the license of the consignee and the Customs (BOC) broker involved in the illegal importation...said. Customs Commissioner Napoleon Morales identified the consignee as San Roque Enterprise and the broker as a certain Michael...
- PDEA hunts shabu chemicals consignee.(Metro & National News)
- Newspaper article from: Manila Bulletin April 5, 2004 700+ words
...Philippine Drug Enforcement Agency (PDEA) are hunting the consignee of chemicals or ingredients for manufacturing methamphetamine...Avenido, Jr., PDEA director general, identified the consignee as a certain Allan Garcia. The container was reported to...
- Ornamental fish found to be piranhas at Manila airport.(Filipino consignee...
- Magazine article from: Airline Industry Information September 27, 2005 700+ words
...and bit him, leaving a V-shaped wound on a finger. The shipment turned out to consist of 34 piranhas and its Filipino consignee is facing charges of illegally importing live piranhas, The Associated Press reported. The head of quarantine Felipe Santamaria...
- French Supreme Court rules that, in international cases, party invoking...
- Newspaper article from: International Law Update May 1, 1999 700+ words
Elite Precision Machinery ("the shipper") sent Adapt, its consignee, an item of machinery hauled on board the ship Fed He in Hong Kong. China Ocean Shipping company (COSCO) owned the vessel and issued the bill of lading.
