Bill Of Lading Save DOC For Free

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.

Without the specific information in the Bill of Lading, there is no way the carrier and shipper can effectively communicate and no way the carrier can perform its job.The Bill of Lading constitutes the contract of carriage and its terms and conditions are binding on the Shipper, the Shipper's Agent and the carrier.

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.

A bill of lading is a legal document between the shipper of goods and the carrier, and details the type, quantity, and destination of the goods being carried. The bill of lading also serves as a receipt of shipment when the goods are delivered at the predetermined destination.

However, in this situation, it is often the buyer/receiver who has contractual title to sue under the bill of lading, by virtue of being the lawful holder of this document, pursuant to the operation of s. 2 (1) of The Carriage of Goods by Sea Act 1992 ("COGSA 1992").

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.

If an original bill of lading is lost, destroyed, or stolen, a new bill generally cannot be obtained unless the original has been found. A lost bill of lading requires several steps by the shipper, importer, or exporter. A letter from the shipper should be prepared detailing that the bill of lading was lost.