15:31
oh im reading that on my own
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Simple English definitions for legal terms
drayage
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A quick definition of drayage:
Term: DRAYAGE
Definition: Drayage is a fee charged for moving things from one place to another.
For example, if you need to move a large amount of goods from a warehouse to a port, you might have to pay a drayage fee to the trucking company that transports your goods. This fee covers the cost of loading, unloading, and transporting your goods. It's like paying for a taxi ride, but for your stuff instead of yourself.
A more thorough explanation:
Definition: Drayage is a fee charged for transporting goods or cargo from one place to another.
Example 1: A company needs to move their products from a warehouse to a port for shipment. They hire a trucking company to provide drayage services to transport the goods to the port.
Example 2: An individual purchases a large piece of furniture from a store. The store charges a drayage fee to deliver the furniture to the customer's home.
These examples illustrate how drayage is a charge for transporting property. In both cases, a fee is paid to a transportation provider for moving goods from one location to another.