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A bill of lading is a contract issued by a transport company to a shipper that spells out the quantity, type, and destination of the goods being shipped. It ... It is a legal document issued by a carrier to the shipper to move a shipment. The information in a BOL is critical, as it lists details such as ... It's a document to provide evidence or proof of shipment. This is extremely important in International Trade as it provides 'title' as to who ... A signed copy of the bill of lading can then be given to the consignee, who uses it to retrieve the goods. Types of bill of lading. BoL can be ... An electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade. As a legally binding document, it gives the driver or shipping staff the necessary details to process the cargo or freight, and for invoicing. The Bill of Lading is the most important document in shipping and the key to unlocking your logistics ? here we explore the what, why and how. The first thing to remember is that the bill of lading is a fancy way of saying receipt. The term ?lading? is derived from the Old English word for ?loading.?. A bill of lading is a record of traded goods which have been ... As there are no papers involved, it saves paper cost as well as the cost ... No, a shipment can't be executed without a Bill of Lading. This legally binding document is a must to transport goods from Point A to Point B.

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