A bill of lading is a document that outlines the terms of a goods shipment. It typically includes the names of the shipper and recipient, a description of the goods being shipped, and the point of origin and destination. The bill of lading can also include other important information, such as the date of shipment and the method of transportation.
The BOL also serves as a receipt when the goods arrive at the destination.
A BOL is a legally binding document that provides all parties participating in the trade with necessary shipping details. It is an irrefutable proof of shipment, so it’s important to keep on hand if you need to return something.
There are multiple types of BOLs: