Types of Bill of Lading That Affects Your Import & Export Business (Infographic)
A bill of lading (BOL, also called a Waybill) is a legal document between the shipping carrier and the business which acts as a proof of contract of carriage, a receipt of goods, and a document of title of goods. According to Business Dictionary, a bill of lading is “required in all claims for compensation for any damage, delay, or loss; and for the resolution of disputes regarding ownership of the cargo”.
As such, it is considered as one of the most important documents in the whole shipping and freight process. A bill of landing also has many types, depending on the purpose and set of specific instructions that is to be relayed to the shipping carrier.
TO learn more about the bill of landing and its different types, check out this infographic.