Bill Of Lading Add Advanced Field For Free

A bill of lading lists all items in a shipment destined for a particular ship to location. A shipping manifest lists all items in a given shipment, regardless of ship to address.

A bill of lading must be transferable, and serves three main functions: it is a conclusive receipt, i.e. an acknowledgement that the goods have been loaded; and. it contains or evidences the terms of the contract of carriage; and. it serves as a document of title to the goods, subject to the nemo dat rule.

An original bill of lading (OBL) is a contract of carriage that serves as a title of the cargo and confirms the carrier's receipt of the cargo.

A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper. This document must accompany the shipped goods and must be signed by an authorized representative from the carrier, shipper, and receiver.

Receipt of freight services and goods. The Bill of Lading is issued by the carrier or its agent and provided to the shipper in exchange for receipt of the freight. The BOL is proof that the carrier has received the freight in good condition, as provided by the shipper.

The words bill of lading come from an old English term that literally means a list of cargo. If you search Google for the definition of a bill of lading, you'll get thousands of results that say the bill of lading is a contract between you, the owner of the goods, and the carrier stating what goods you're shipping,

Typically three bills are issuedone for the shipper, one for the consignee, and one for the banker, broker, or third party.Because the bill of lading is a document of title, it is valuable.