RVNX
Abbreviation for "Released Value Not Exceeding." Usually used to limit the value of goods transported.The limitation refers to carrier liability when paying a claim for lost or damaged goods.
Source: U.S. Maritime Administration.
Abbreviation for "Released Value Not Exceeding." Usually used to limit the value of goods transported.The limitation refers to carrier liability when paying a claim for lost or damaged goods.
Source: U.S. Maritime Administration.