Bill Of Lading Save For Free

Why is a bill of lading important? The document not only helps ensure the safe and efficient delivery of goods, but it also provides a paper trail that protects both the carrier and shipper by documenting facts about the shipment.

§§ 1300-1315. (c) The carrier shall retain copies of all bills of lading, filed in chronological order, separate from all other records at its place of business within the State for at least five years. The carrier may retain the copies on microfilm, optical imaging, or any other method authorized by the commission.

The bill of lading form or electronic bill of lading serves as a proof of shipment/receipt when the LSP delivers those goods to a pre-determined destination. The BOL details special instructions and tracking information. It represents agreed upon terms and conditions for the transportation of the goods.

A BOL is required for all freight shipments, regardless of transportation method or piece count, and must contain specific information to be considered legally binding.

Without an original bill copy, the freight will not be released. Non-negotiable bill: This type of bill of lading fixes a specific consignee/name of the receiver to whom the freights will be shipped and delivered. It, however, does not itself serve the owner of the goods.

Without the Original Bill of Lading, the release of your cargo will be put on hold until a new Bill of Lading is presented or we get the confirmation from the shipper to release the cargo without a Bill of Lading.

The Bill of Lading acts as the legal document of title which allows the person holding it to claim ownership of the cargo. This means that filling out your Bill of Lading accurately and completely is very important.

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.

Who must keep records of the shipping document? The consignor (shipper), carrier and Canadian importer must all keep copies of shipping documents for at least two years. Please note that for the purpose of this requirement, the shipping documents may also be kept as electronic copies.

A bill of lading is considered a receipt for the goods shipped to the common carrier. It also serves as the contract by which three parties, namely, the shipper, the carrier and the consignee undertake specific responsibilities and assumed stipulated obligations.