Railroad sidetrack agreement

{
  "id": "MLC-T-INS-002790",
  "term": "Railroad sidetrack agreement",
  "field": "Insurance and risk management",
  "definition": "A contractual agreement between a railroad company and a business that uses a sidetrack (a short track connecting to the main line) for loading or unloading freight. This agreement outlines the responsibilities of each party regarding maintenance, operation, and liability for accidents occurring on the sidetrack. It often includes indemnification clauses where the business assumes liability for certain risks.",
  "url": "https://mlchart.com/terminology/insurance/railroad-sidetrack-agreement/"
}