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A bill of lading (B/L or BOL) is one of the most important shipping documents you'll need to transport any kind of shipment. You won't be able to make a shipment without it. A BOL is issued for all cargo transported by sea.
3.46 If a master refuses to issue a bill of lading to a shipper of cargo loaded on board, then sails with the cargo, this may amount to a conversion of the cargo. Where the party entitled to the bill is not party to the contract of carriage, an action in conversion may be his only remedy.
Importers can refuse a shipment of goods if there is no accompanying clean bill of lading, or if a claused bill of lading comes with the shipment. That's because the entity that receives the goods?the importer?pays the shipper for a certain quantity of goods in a specific condition.
In the absence of bill of lading, if a person wishes to take delivery of the goods, then he has to prove that he is entitled to the possession of the goods and there is a reasonable explanation for such absence.
A letter from the shipper should be prepared detailing that the bill of lading was lost. The transporter will need a letter of indemnity from the shipper, which releases the transporter from liability. A bank guarantee financially protects the transporter for costs and liability of shipping without a bill of lading.
Understanding Through Bill of Lading It is required to ship goods and acts as a receipt and contract. It shows that the carrier has received the freight as described?that's the cargo receipt. It also documents the terms of delivery and release of the product.
373.101 Motor Carrier bills of lading: Every motor common carrier shall issue a receipt or bill of lading for property tendered for transportation in interstate or foreign commerce containing the following information: * Names of consignor and consignee. * Origin and destination points.
No, only shipments that are being transported by a carrier will have a bill of lading. Was this information useful?