Agreement A

This page defines Agreement A, the standard GLS 50 / 50 net trailer profit share model used in PRO groupage operations. This agreement is fixed and may be referenced by onboarding, lane setup, backend validation and audit workflows.

1. Parties

This agreement applies between an Originating Operator and a Partner Operator (together referred to as the Parties).

2. Scope of Agreement

• Applies to a specific groupage lane (Origin → Destination)
• Settlement unit: per trailer
• Each trailer is settled independently

3. Operating Model

Groupage is planned at lane level and settled at trailer level. Trailers may be supplied by either Party’s internal fleet.

4. Trailer Cost

For each trailer, a fixed trailer cost is declared and must be accepted by both Parties before departure. The cost may vary per trailer.

5. Revenue Definition

Trailer revenue is determined from the agreed lane Rate Matrix and represents total invoiced customer revenue net of VAT.

6. Net Trailer Profit

Net Trailer Profit = Trailer Revenue − Fixed Trailer Cost
    

7. Profit Share Split

Net trailer profit is split equally:

• Originating Operator: 50%
• Partner Operator: 50%

8. Invoicing & Settlement

The system raises trailer cost invoices on behalf of the Party arranging transport. Monthly reconciliation statements are generated and settlement occurs via external accounting systems.

9. Visibility & Audit

Each Party sees trailer-level economics only. Read-only audit users may be granted access.

10. Acceptance

This agreement must be explicitly accepted by both Parties before profit-share settlement is enabled.

11. Governing Principle

Each trailer stands on its own.