GRW Conditions of Carriage No.1

RULE 180 -- PAYMENT OF TRANSPORTATION CHARGES/CREDIT

     Shipper or consignee shall be liable for payment of the transportation charges accruing on a shipment, and nothing herein shall limit the right of GRW to require at time of shipment the prepayment or guarantee of charges.

     If transportation charges have not been prepaid, or shipper or consignee has not entered into an agreement for credit with GRW, GRW shall not make delivery of the shipment without payment or guarantee by shipper or consignee of all charges. Placement of equipment by GRW under credit agreement for unloading shall be deemed acceptance of shipment.

     Acceptance of shipment by consignee or beneficial owner shall be deemed acceptance of responsibility for payment of all charges accruing on the shipment, including detention and switching services performed at destination.

A.      Prepaid Shipments

On prepaid shipments, the originating carrier may require that tender of a shipment be accompanied by full payment of charges, unless consignor has established credit to the satisfaction of the originating carrier. For purposes of this item, "prepaid" shipments shall mean shipments for which the originating carrier bears the billing and collection responsibilities.

B. Collect Shipments

On collect shipments, the delivering carrier may require full payment of all charges prior to delivery of shipments, unless consignee has established credit to the satisfaction of the delivering carrier. For purposes of this item, "collect" shipments shall mean shipments for which the delivering carrier bears the billing and collection responsibilities.

C. Payment

All credit patrons must pay charges in accordance with the terms established by the billing carrier. Where GRW is the billing carrier, the credit period is fifteen (15) days, including Saturdays, Sundays, and legal holidays, and shall begin on the day following presentation of the freight bill. The term "freight bill" as used in this item includes paper documents, billing by electronic data interchange (EDI), and invoiceless procedures. Presentation of the freight bill shall be deemed to have been made: (a) upon mailing when mailed, (b) upon sending by carrier of a transmission when EDI billing is used, and (c) unless otherwise agreed, upon waybill date when invoiceless procedures are utilized. Payment shall be deemed to have been made: (a) upon mailing of an acceptance check, draft, or money order when paying by mail, and (b) upon receipt of funds in the carrier's bank account when paying via electronic transmission.

D. Finance Charges

The GRW may assess a finance charge of 1.5% per month on unpaid bills for freight and miscellaneous charges, including demurrage, switching, and weighing, which are past our credit terms. Any invoice not paid within ten (10) calendar days after its respective due date will be considered late, and the party responsible for payment shall pay a finance charge as described herein.

E. Offset Prohibit

In no event shall any amount(s) claimed against GRW, including without limitation claims for freight loss or damage or overpayment of freight or other charges, be deducted from or offset against freight or other charges due hereunder. Freight charges due must be paid in full, and any claim against GRW must be asserted separately in accordance with the applicable procedure.

F. Errors

Errors discovered in bills by customers should be corrected by them and paid accordingly. Payment of all bills, including those corrected by customers, must be made within the credit period. Payment of bills alleged to be incorrect will not prejudice patron's claims, filed within the statutory period, for refund of overcharges. If customers receive bills that they feel they are not responsible for paying, they must notify the carrier within the credit terms that they are not responsible for paying the bills.

Payment of an amount less than stated on an GRW invoice will be considered as payment on account and not as payment in full, not withstanding any notation to the contrary as payment on the payor's remittance. Acceptance by GRW of the lesser amount will not constitute an accord and satisfaction. The payor will be advised of any remaining balance deemed due after application of the remitted funds.