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Glossary

Bill of Lading

A bill of lading is a legal document that a transportation company or carrier issues to a shipper to acknowledge that the goods have been received on board. It entails information about the quantity, type, origin, and destination of the goods and details of the shipper and carrier.

A bill of lading has several functions, including:

  • Serve as a receipt, ensuring that goods have been loaded.
  • Acts as a document of title for the goods.
  • Work as a reference for shippers, carriers, and consignees, preserving records.