What is a bill of lading in shipping? A bill of lading is a legal document that is issued by a carrier to the shipper. It contains details about which goods are being shipped, where the shipment is coming from and going to, as well as details of the shipper, carrier, and consignee. What information is in the bill of lading? There are several types of bills of lading so its important to choose the right one.
It serves three main purposes:. A bill of lading (also referred to as a b/l or bol) is a legal document that details goods being transported from a shipper or seller to the recipient via freight carrier. A bill of lading (bol) is a legally binding document issued by a carrier to a consignor (shipper) that authorizes the carrier to transport goods on their behalf. To lade means to load cargo on the ship or vessel. The bol is the receipt of the transaction between you and your carrier. It is a legally binding document that can also serve as a document of title, which allows the person holding it to claim ownership of the freight. A bill of lading (b/l or bol) document is an extremely important document involved in the shipping and logistics industry. A bill of lading is a document that the carrier of goods issues to the shipper of the goods. Its a legal document to provide evidence or proof of shipment.
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