What is bill of lading and the reason of its issuance?

Answer 1

A bill of lading is a legal document issued by a carrier to a shipper, acknowledging the receipt of goods for transportation. It serves multiple purposes: as a receipt for the cargo, as a document of title that can be transferred, and as a contract outlining the terms of transport. Its issuance is essential for ensuring that all parties involved in the shipping process have a clear record of the goods being transported and the responsibilities of each party.