The Bill of Lading (BOL) is an essential document within the shipping and logistics industry, serving as a legal document that outlines the terms and conditions of carriage between the carrier and the shipper. The BOL plays a vital role in the shipping process, performing three critical functions that are fundamental to the successful transportation of goods.
The BOL contains essential information about the shipment that both the carrier and the shipper need to have to ensure a smooth shipping process.
Some of the details that are included in the BOL are
Another crucial detail that is included in the BOL is information about the goods being transported. This includes the nature of the goods, the packing material used, and any specific instructions from the carrier. The BOL serves as a record of the goods being transported and their condition at the time of shipment. This information is vital for insurance and legal purposes, as it can be used to verify the condition of the goods if there is any damage or loss during transportation.
Purpose of bill of lading:
There are three primary functions of a Bill of Lading:
Don't wait days or weeks. Get quotes instantly and compare offers in real time to find the best rate for you.
Sort out your shipping online with a few clicks.
Manage your shipping documents online, 24/7. Communicate and collaborate with internal and external stakeholders all in one place.
Track your shipments 24/7 and provide accurate estimated delivery times.
Keep your shipping consistent and meet your delivery commitments by managing everything in FreightMango.