Spotlight on Bill of Lading
Are you a new exporter looking for a primer on bills of lading? Or maybe you’re at the opposite end of the spectrum—a seasoned professional seeking a reference or training tool.
Either way, this guide is for you! We’ll explain, in simple terms, three things you need to know about the bill of lading form.
1. What Is a Bill of Lading?
A bill of lading is a contract between you, the owner of the goods, and the carrier stating what goods you’re shipping, where the shipment is coming from, and where it’s headed. It also serves as a receipt issued by the carrier once your shipment is picked up.
A bill of lading (or a waybill) can also serve as a document of title, which allows the person holding it to claim possession of your shipment. There are several specific bills of lading, which we’ll discuss in detail below.