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How bill of lading works?

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Bill of Lading, a written receipt issued by a transportation company to a shipper. It also serves as an agreement, or contract, between the shipper and the transportation company. In this agreement the shipping company is called the carrier; the shipper is called the consignor; and the party to receive the shipment is the consignee. The bill of lading gives the names and addresses of the consignor and consignee, the carrier's charges, and a description of the goods and the kind of packaging used.
When used only as a receipt and contract, it is called a straight bill of lading. When used with a draft to collect payment for the goods from the consignee, it is called a negotiable, or order, bill of lading
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What does bill of lading mean?

  The Bill of Lading is the basic document between a shipper and a carrier. It describes the condition under which the goods are accepted by the carrier and details of the

What is a Switch bill of lading?

"Switch" bills of lading are a second set of bills of lading issued by the carrier (or by the carrier's agent) in substitution for the set issued at the time of shipment. The

Why bill of lading is required?

it is an accurate written document showing the work povided by one source for another. this record provides a customer with written documentation for services that he/she has

What is bill of lading?

A transport document required to uplift goods etc from a port

Are named Bill of lading and straight bill of lading the same?

A named Bill of landing is a negotiable Bill, capable of transferring title to the goods covered under it by its delivery or endorsement. Its terms provide that the freight is

Who should be the Shipper on a Bill of Lading?

The company that is PHYSICALLY shipping the freight (the company whose dock the freight is leaving).

What is bill of lading and types of bill of lading?

Bill of lading is issued by the shipping line as a receipt of goods.The shipper should give sufficient datas to the corresponding shipping line as per the purchasing order,inv

What are the disadvantages of bill of lading?

  it is not negotiable at a bank or any other institution and cannot  be exchanged for money, it is just a receipt of cargo   release is not as secure as an original b

What is the difference between the house bill of lading and bill of lading?

Bills of lading are supposedly prepared by the driver, but over the years the responsibility for preparing them has fallen to the shipper--these are "house" bills of lading. I

What does bill of lading number mean?

Each Bill of Lading has a set of numbers that differentiates each  BOL from each other. Basically to match the number to a customer's  name when researching it for example.