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A disparity noted on a bill of lading when a shipment is received.

What is an Exceptions?

Exceptions are a disparity noted on a bill of lading when a shipment is received. Exceptions typically refer to incorrect quantity received or damage to goods. 

Keeping track of such exceptions is often needed to resolve disputes from the supplier or buyer. Both parties are able to submit cargo claims to resolve any monetary issues that may come up because of the disparity. 

Delve into our freight resources blog to optimize your supply chain and achieve seamless end-to-end transportation solutions. You’ll gain valuable insights and strategies to empower your logistics operations and drive business growth.

Related articles: 

What Does FAK Mean in Shipping? (And Why it Matters) 

FAK Rates: Solutions for High Variety Shippers

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