Types of Bill of Lading
Maybe you want to ship a large consignment of goods. Check out this article on the Bill of Lading to learn more about the differences between each type.
Shipped Bill of Lading
This is one of the most used types of bill of lading document. At times, the shipper can demand that the ship owner supplies bills of lading which provide evidence that the goods have been shipped already.
This is the most common form of document that is used among the clients for its visibility and security. The shippers prefer this kind of certificate since there is no room for error.
Through Bill of Lading
This document facilitates transportation of merchandise at different shipping centers and international shipping routes to different destinations. If the goods you’re shipping over the ocean are perishable, you’ll need a refrigerated manifest, and if it’s a more complex and longer trip than Canada to Mexico, you’ll need an international bill of lading.
Ocean Bill of Lading
When you receive the goods, you need to be able to prove that the goods were delivered according to the contract. You can do this with a bill of lading.
On the other hand, it is possible for you and your partner to accept a particular offer and “see it through to the end,” but that would depend on whether you’re able to pay for services and materials in advance or not.
Inland Bill of Lading
When an employee needs to transfer his or her company’s products to another location, it is required to have a bill of lading, and the first and foremost reason for this document is to ensure there are enough means of transportation.
The bill of lading is a legal document which shows who has possession of the goods. However, this document does not show the final destination of the shipment as it is only a bill of entry.
Received Bill of Lading
As mentioned above is another document that confirms that the goods and materials have been handed over to the ship owner and they have them in their custody.
This type of document will be used for the sending of goods from one company to another. The party that sends the goods will not be part of the debt settlement process.
Claused Bill of Lading
A bill of lading is filed by the receiver. This typically happens when the shipped products are not up to mark due to any reason such as quality or quantity; they will declare the claused bill of lading form.
By filing for a letter of credit, the exporter will be given the opportunity to get their payments in one piece. Additionally, letters of credit are more secure than bills of lading.
Uniform Bill of Lading
A Bill of Lading is another form of contract, which costs nothing to make and can be used to ensure you are properly insured for your shipments.
You can determine the transport time frame, carrier’s liability, how insurance will be applied in case of a claim, how a shipment can be disposed off if a shipment is not delivered or refused.
Clean Bill of Lading
This is a document that’s issued by the carrier to confirm that the customer has received the goods in a proper condition. This contrasts with the other bill of lading, the claused or the foul bill of lading.
When you have a bill of exchange, you have the necessary funds to cover both the payment for foul products and damaged delivery. When the products are reached safely and without any delays, the container shipping company will send a clean bill after inspecting each and every single package for damages.
Blank Bill of Lading
Purpose of Bill of Lading
Now that you know what is a bill of lading and what types it has, you should also explore the three main roles and purposes of a bill of lading. Use the B/L purposes below as a reference.
It Serves as Cargo Receipt
The bill of lading is issued by the carrier once the goods are loaded onto the vessel. It can be used as an evidence for the shipment for insurance and customs purposes. It also serves as a commercial evidence of completion of the delivery contract.’
A bill of great is a document that certifies the shipment and the amount of the cargo. It is used to support cargo documentation and to prevent illegal sale of goods.
Second, when the bill of lading is in effect, the seller cannot in any way involve in covering up. Also, if there are signs of damage or deficient in quality, the receiver must report it to the seller.
It Serves as a Contract Carriage
The B/L serves as an evidence of the contract of carriage and thus should be used to document the process and protect the rights and interests of the carrier, the seller and the buyer.
If you have a BOL in hand, it shows that both the shipper and the carrier have a contract with each other. The BOL also shows the goods have been shipped from one location to another.
It Acts as a Title
When it comes to using language documents as a form of payment, there are two ways in which this document can act as the title. Whether the B/L is straight or order, it’s important to read it carefully and understand the terms.
This is when the bill is made out on the name of the consignee and directed to them, and not to the carrier. It is always written in the header and legible in order to track and prove that the delivery was fulfilled.
Bill of Lading Samples
These are important things that should be recorded under the bill of lading
Just like booking an airline travel, the shipment bookings can take many routes and forms. There are certain things that need to be mentioned clearly in the bill. And bear in mind that explanations must be given in detail.
Parties Involved in the Process
- The consignee and the shipper of the goods should be mentioned in the bill of lading.
- The carrier who initially issued the bill.
- You are the one paying for the shipping, so you should be aware of who’s getting paid.
- If the freight forwarder is listed as the seller, it’s important to check what type of freight forwarder they are.
- The shipment agent who will be handling the shipment as it reaches the destination.
- The destination of the goods and materials should be mentioned.
- The place where the cargo will be sent should be included.
- It should include the route it will be taking to get to the destination.
- Mention the date of the shipment as to when it will be delivered.
- The vessels or vehicles that are going to be used to drop the cargo should also be mentioned.
A bill of lading is an important document that you need to keep a track of, especially if your company deals with a lot of transportation. Check the number of templates available for free at our main website including B/L templates too. Download and simply edit the BOL form and save your time!