Shipping policy

DELIVERY AND TITLE. All shipments by Power Transmission Specialties are FOB point of shipment from Power Transmission Specialties Suppliers facility and the amount of all shipment charges shall be paid to Power Transmission Specialties by Customer in addition to the purchase price of the Products. Selection of the carrier and delivery route will be made by Power Transmission Specialties unless specifically designated by Customer. Power Transmission Specialties will aim to initiate shipment and deliver the Products as close as possible to Customer’s requested delivery date(s). Customer acknowledges that shipment and delivery dates provided by Power Transmission Specialties are estimates only and that Power Transmission Specialties will not be liable for failure to achieve such dates. For the avoidance of doubt delivery of Products within 30 days of the requested delivery date shall constitute timely delivery. Delivery of a quantity within ±10% of the quantity ordered will constitute full delivery. Delay in delivery of one installment will not entitle Customer to cancel any other installment(s).

Delivery to a carrier will constitute delivery to Customer, and risk of loss of or damage to the Products will pass to Customer at this point. Title to the Products shall remain with Allied until payment in full for the Products by Customer. Products invoiced and held by Power Transmission Specialties at Customer’s request will be held at Customer’s risk and expense.