Bill Of Lading Upload to Online Storage For Free

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.

Thus, the bill of lading is the contract of carriage for all parties, holders of the bill of lading in due course. A bill of lading is not a negotiable instrument such as a bill of exchange under common law in United States, but it is simply a quasi-negotiable instrument36 .

The bill of lading (BOL) works as a receipt of freight services, a contract between a freight carrier and shipper and a document of title. The bill of lading is a legally binding document providing the driver and the carrier all the details needed to process the freight shipment and invoice it correctly.

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.

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.

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 (BOL) is a document that transfers ownership of items from sellers to buyers. A BOL is a legal document that serves as confirmation that a freight shipment was delivered. A packing slip shows the actual goods being delivered in the shipment.