What are the eCon workroom terms and definitions?

eCon-Network

Last Update há 2 meses

Q'ty (Quantity)

The quantity of containers to be used or supplied. 

Free days

The number of days a container may be used free of charge. It starts from the pickup date.

Per Diem (PDM)

Daily lease fee charged after Free Days expire.

Pick-up charge

Pick-up charge is applied to reflect the container price gap between the POL (Port of Loading) and POD (Port of Discharge). Depending on the market rate difference between regions, the cost is borne by either the supplier or the user.

DPP (Damage Protection Plan)

A protection plan provided by the supplier to cover the User in case of container damage.

Guarantee Program

eCon Network offers a Guarantee Program with three types of coverage: Basic Guarantee, CEU Full Guarantee, and RV Guarantee.

Cancellation period&fee

If the supplier fails to issue the release within the cancellation period, they will be required to pay the cancellation fee. 

The user may cancel the order within the cancellation period without penalty; however, if the cancellation occurs after this period, the user will be charged the cancellation fee. 

The cancellation fee is applied per container.

Agree eCon-Network Contract

You are on common terms with the eCon-Network Multiparty Agreement.

Survey all containers

The supplier arrange a surveyor before pick-up (Get a CSC plate, Photos, Report).

Protected Payment & Invoicing

3.5% service fee from profit of PDM, Pick-up fee.

Thanks : )

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