Understanding the Foreign Cooperative Shippers Association [Aeronautics and Space]

Definition & Meaning

A Foreign Cooperative Shippers Association is a legitimate group of shippers that operates as a foreign indirect air carrier on a nonprofit basis. This association is responsible for shipping goods by air on behalf of its members. To facilitate transportation, the association utilizes the services of direct air carriers or their agents, as well as foreign indirect cargo air carriers, as defined in relevant regulations.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A group of small businesses in Canada forms a Foreign Cooperative Shippers Association to collectively ship their products to the United States. They negotiate rates with a direct air carrier to reduce shipping costs.

Example 2: (hypothetical example) An association of farmers in Mexico creates a cooperative to export their goods to various international markets, using a foreign indirect air carrier for transportation.

Comparison with related terms

Term Definition Key Differences
Foreign Air Freight Forwarder A business that arranges the transportation of goods by air for others. Operates for profit; may not be a cooperative.
Direct Air Carrier A company that provides air transportation services directly to the public. Provides services directly rather than through an association.

What to do if this term applies to you

If you are part of a group considering forming a Foreign Cooperative Shippers Association, it is advisable to consult with a legal professional to ensure compliance with aviation regulations. You can also explore ready-to-use legal form templates on US Legal Forms to assist in drafting necessary agreements and documents.

Quick facts

  • Typical fees: Varies by carrier and agreement.
  • Jurisdiction: Federal regulations apply.
  • Possible penalties: Noncompliance with regulations can lead to fines or operational restrictions.

Key takeaways