Common use of Record of Transactions Clause in Contracts

Record of Transactions. In compliance with 49 C.F.R. § 376.11(d)(1) (or any successor regulation), Carrier shall prepare and keep records covering each trip for which Contractor’s equipment is used in Carrier’s service. Those documents shall contain the name and address of the Contractor, the point-of-origin, the time and date of departure, and the point of final destination. Further, Carrier shall have to present, on the leased equipment during its operation, documents containing the above-specified information identifying the lading, and acknowledging that the transportation is performed under Carrier’s authority. Those documents shall be preserved by Carrier as part of its transportation records.

Appears in 4 contracts

Samples: 4evercandatrucking.com, Model Lease, Owner Operator Lease Agreement

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