Bill Of Lading Insert Smart Field For Free

A bill of lading, therefore, is a very important issue when making shipments to move the cargo or freight from one point to the other. On one hand, it is a contract between a carrier and shipper for the transportation of goods and on the other hand, it serves as a receipt issued by a carrier to the shipper.

The bill of lading must contain the terms and conditions of the contract.(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.

The bill of lading must contain the terms and conditions of the contract.(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.

A bill of lading carrying a clause or endorsement by the master or mate of the ship on which goods are carried to the effect that the goods (or their packing) arrived for loading in a damaged condition. From: dirty bill of lading in A Dictionary of Business and Management »

The bill of lading (BOL) is a legal document that shippers must complete before a freight shipping process begins. A bill of lading protects both the carrier and the shipper. The document contains complete information on the type, quantity, and destination of the goods.

The bill of lading serves three purposes, it is the basic contract of carriage, it is a receipt, and it is evidence of the party entitled to delivery. If the only document that exists concerning a shipment is a shipper-prepared bill of lading, then it is the contract of carriage once the carrier's driver signs it.

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.