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Foreign Cooperative Shippers Association [Aeronautics and Space]
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.
Table of content
Legal Use & context
This term is primarily used in the context of aviation and transportation law. It relates to the regulations governing foreign air freight forwarders and associations that handle cargo shipping. Legal practitioners may encounter this term when dealing with international shipping, logistics, and compliance with federal aviation regulations. Users may also find relevant forms and templates through US Legal Forms to assist in managing their shipping agreements and compliance documentation.
Key legal elements
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.
Relevant laws & statutes
The primary regulation governing Foreign Cooperative Shippers Associations is found in Title 14 of the Code of Federal Regulations (CFR), specifically 14 CFR 297, which outlines the economic regulations for foreign air freight forwarders and associations.
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.
Common misunderstandings
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.
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