what do you meant by bill of lading
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A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. 12 A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.
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- Bill of lading (BOL) is one of the most important documents in the shipping process.
- A completed BOL legally shows that the carrier has received the freight as described and is obligated to deliver that freight in good condition to the consignee.
- An example of a bill of lading is the form that is provided by a moving company to a third-party carrier, which will be delivering store fixtures for them to a retail location. The third-party then hands the bill of lading over to the store as a receipt for the goods, once the delivery has been made.
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