Bill of Lading
* Introduction of the Bill of Lading
"Lading" is another word for cargo. Lading refers to the material goods that are transported by the carrier from one location to another on behalf of a sender and a receiver. Such transportation may be carried out by way of ground transport, by aircraft or by cargo ships.
Carriers use the bill of lading associated with a given shipment to ensure that goods are delivered safely to the sender as the shipper had named.
“Bill of lading” is a legal document which is using by the shipping companies and freight companies. The purpose of the bill of lading is to acknowledge that the carrier has received the goods. The bill of lading transfers the title, or legal ownership, of the goods to the carrier; therefore. If there anything happens to the goods in transit (at the en route), the carrier is responsible for paying for the damages. The bill of lading is a receipt given to the person who shipping the products. Delivery time and method of delivery are also outlined within the bill of lading.
This is a standardized form which is provided by licensed carriers to be filled out by the party sending a shipment. The most prominent feature of the B/L is the list of all items contained in the shipment, with spaces for individual quantities and their condition at the time of shipment. And also the B/L must state the value of all items and include the names and signatures of both the consigner and the consignee. The ports of consigner and the port of the consignee are also very essential. There is a description about how shipping materials are packaged in the shipment. Also it was noted, total weight of items and the total cost charged by the carrier for the service.
Legally, Bill of lading is representing goods of value and their ownership. It should be written as a negotiable document or non-negotiable document. In any case, the producer is shipping an order of goods to a paying recipient, so that a transaction will be completed at
"Lading" is another word for cargo. Lading refers to the material goods that are transported by the carrier from one location to another on behalf of a sender and a receiver. Such transportation may be carried out by way of ground transport, by aircraft or by cargo ships.
Carriers use the bill of lading associated with a given shipment to ensure that goods are delivered safely to the sender as the shipper had named.
“Bill of lading” is a legal document which is using by the shipping companies and freight companies. The purpose of the bill of lading is to acknowledge that the carrier has received the goods. The bill of lading transfers the title, or legal ownership, of the goods to the carrier; therefore. If there anything happens to the goods in transit (at the en route), the carrier is responsible for paying for the damages. The bill of lading is a receipt given to the person who shipping the products. Delivery time and method of delivery are also outlined within the bill of lading.
This is a standardized form which is provided by licensed carriers to be filled out by the party sending a shipment. The most prominent feature of the B/L is the list of all items contained in the shipment, with spaces for individual quantities and their condition at the time of shipment. And also the B/L must state the value of all items and include the names and signatures of both the consigner and the consignee. The ports of consigner and the port of the consignee are also very essential. There is a description about how shipping materials are packaged in the shipment. Also it was noted, total weight of items and the total cost charged by the carrier for the service.
Legally, Bill of lading is representing goods of value and their ownership. It should be written as a negotiable document or non-negotiable document. In any case, the producer is shipping an order of goods to a paying recipient, so that a transaction will be completed at