The Mississippi Bill of Lading is a legal document that serves as a contract between a shipper, carrier, and recipient for the transportation of goods. It outlines the terms and conditions agreed upon by the parties involved, including the description of the goods, their quantity, weight, and any special handling instructions. One of the main purposes of the Mississippi Bill of Lading is to provide proof of shipment and ownership transfer. It acts as a receipt issued by the carrier to the shipper, acknowledging that the goods have been received for transport. Furthermore, it acts as a document of title, allowing the recipient to claim the goods upon delivery. Different types of Mississippi Bill of Lading exist to cater to specific transportation scenarios and requirements. Some key variations include: 1. Straight Bill of Lading: This is the most commonly used type where the goods are shipped directly from the shipper to the recipient without any involvement from intermediaries. It is non-negotiable and the recipient named on the bill has the sole right to take possession of the goods. 2. Order Bill of Lading: This type of bill allows for the transfer of ownership by endorsing or transferring the document to another party, enabling them to claim the goods. It functions as a negotiable instrument. 3. Switch Bill of Lading: This type is used in situations where the shipper needs to change the recipient or the destination of the goods after they have already been shipped. It allows for the goods to be redirected based on revised instructions. 4. Through Bill of Lading: When goods need to be transported using multiple carriers, a thorough bill of lading is used. It covers the entire transportation chain, from the initial pickup to the final delivery, and includes details of each carrier involved. The Mississippi Bill of Lading is not only a vital document for the transportation industry but also plays a crucial role in facilitating trade and protecting the rights of all parties involved in the shipment of goods. Whether it is a straight bill, order bill, switch bill, or through bill of lading, this legal instrument ensures transparency, accountability, and smooth functioning of the shipping process.
Mississippi Bill of Lading
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How to fill out Mississippi Bill Of Lading?
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Three common characteristics of a bill of lading are that (a) it constitutes a receipt for the goods shipped or received by the carrier, (b) it constitutes a document of title for such goods3 and (c) it contains or evidences the contract of carriage by sea relating to the goods.
Bill of Lading ClausesDEFINITIONS.CARRIER'S TARIFF. The terms and conditions of the Carrier's applicable Tariff are incorporated herein.WARRANTY.SUB-CONTRACTING AND INDEMNITY.CARRIER'S RESPONSIBILITY.CARRIER'S RESPONSIBILITY.SUNDRY LIABILITY PROVISIONS.SHIPPER-PACKED CONTAINERS.More items...
The BOL should include specific information such as:The number of units to be shipped.The precise weight of the shipment (multiple freight units call for each item's weight to be listed).Shipper and receiver names and addresses.The date of shipment.The carrier's unique instructions.More items...?
There is a serious issue among industry personnel who still receive handwritten bills of lading. The problem with handwritten content is that the freight classification might not be included, there could be errors, or they're simply not legible.
Typically, a bill of lading will include the names and addresses of the shipper (consigner) and receiver (consignee), shipment date, quantity, exact weight, value, and freight classification.
An example of a bill of lading is the form that is provided by a moving company to a third-party carrier, which will be delivering store fixtures for them to a retail location. The third-party then checks the bill of lading to ensure that it has everything it is supposed to be delivering.
Typically, a bill of lading will include the names and addresses of the shipper (consigner) and receiver (consignee), shipment date, quantity, exact weight, value, and freight classification.
What To Include In a Bill of LadingThe number of units to be shipped.The precise weight of the shipment (multiple freight units call for each item's weight to be listed).Shipper and receiver names and addresses.The date of shipment.The carrier's unique instructions.More items...?28-Dec-2018
(1) Your name and address, or the name and address of the motor carrier issuing the bill of lading. (2) The names and addresses of any other motor carriers, when known, who will participate in transportation of the shipment.