Transportation
Bill of Lading (BOL)
A legal document between the shipper and carrier detailing the type, quantity, and destination of goods.
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Updated 2025-10-01
Definition
A contract and receipt for goods being transported, serving as evidence of shipment and ownership.
Overview
Overview
The Bill of Lading (BOL) is a crucial shipping document used in freight transportation. It contains details about the shipment, the consignee, and the carrier. It also acts as proof of receipt for goods.
Functions
- Serves as a receipt for shipped goods
- Acts as a document of title
- Provides a contract of carriage
Example
When shipping a container overseas, the BOL confirms the cargo details, shipment date, and consignee information.
FAQ
Q: Who issues the Bill of Lading?
A: The carrier or their agent issues it to the shipper.
Tags
#bill of lading#BOL#shipping document
Related Terms
Air Waybill
Freight Bill
Proof of Delivery
