Bill of Lading - What is a bill of lading and what is its purpose?

Q: What is a bill of lading and what is its purpose?

A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper. This document must accompany the shipped goods and must be signed by an authorized representative from the carrier, shipper, and receiver.

Answer

In addition to serving as a receipt for shipping goods, a bill of lading also serves as a contract between the shipper and the carrier. Each party involved—the carrier, the shipper, and the receiver—must sign this form before the items may be sent.

Bill of Lading - What is a bill of lading and what is its purpose?

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