equalization

(shipping) A monetary allowance to the customer for picking up or delivering cargo to/from a point which is not the origin/destination shown on the bill of lading. Example, when the bill of lading destination indicates “San Francisco” and cargo is discharged in “Oakland,” if the customer picks up the cargo in Oakland, he is allowed the difference in cost between the Oakland pickup to the customer’s place of business and the projected actual cost if pickup had been made in San Francisco and drayed to the customer’s place of business in San Francisco. This provision is covered by tariff publication.

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