![]() ![]() Given below are the types of Bills of Lading. All three Bills of Lading must be marked Original, and the second and third should not be marked as duplicate or triplicate. Original Ocean Bill of lading consists of 3/3 when the Letter of Credit calls for such presentation. Besides this, the Bill of Lading can also be given by Freight Forwarders and Banks that accept it for transport/ negotiable instruments as per Article 30 of the UCPDC. The bill can be issued on Freight to Collect or Prepaid Basis. Department of Transportation hazardous Material Designation – Hazardous shipments must be mentioned, and special rules and requirements are applicable while shipping.Ī Bill of lading is a receipt issued by the Shipping Company or by the concerned agents for goods placed on the Board of the Vessel, signed by the carrier, and given for carrying the dame from the Port of the Receipt to the Port of Discharge.In general, freight shipments are divided into 18 categories based on weight, dimensions, density, storage capability, ease of handling, value, and liability. NMFC Freight Class – Freight classes impact the cost of the shipment.Packaging Type – Items such as cartons, crates, pallets, and drums used when shipping must be noted.Description of Items – All shippers must note the number of shipping units, the dimensions and weight, and the description of the material and its makeup.Date – The pickup date will be mentioned here to track the freight when shipping invoices are composed.Special Instruction – Under this section, all the instructions for carriers, not for extra service requests, like a lift gate or delivery notification, are taken down.Purchase Orders or Special Reference Numbers – These numbers are considered essential to the business in terms of freight that has to be released for pickup or accepted at delivery.Names and Addresses – In this section, the full names and addresses of both the shipper and the receiver should be mentioned so it would be straightforward to locate the document. ![]() The bill acts as an agreement between a carrier and a shipper for the transportation of goods, and on other conditions, it serves as a receipt issued by a page to the shipper. Therefore, an account of lading is significant when making shipments. The exporter has to retain control over the complete set of the sources until the payment is effected, a bill of exchange is accepted, or some other assurance for the price has been made. The carrier does not require to submit all the originals before the delivery. Land, ocean, and air are the means that are used to transport the bills of lading. The Bill of Lading also indicates the carrier through which the goods have been placed to reach their destination and the condition required to transport the shipment. An authorized carrier representative, shipper, and receiver must sign it. This document accompanies the shipped goods, not considering the mode of transportation. The bill is also a shipment receipt when the courier delivers goods at the predetermined goal. Learn » Import - Export » Types of Bill of Lading Types of Bill of LadingĪ Bill of Lading is a legal document between a shipper and a carrier that specifies the type, quantity, and destination of the goods being carried. ![]()
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