Types of Bill of Lading That Affects Your Import & Export Business (Infographic)
Bill of Lading (BOL, Waybill) is a legal document between the shipping carrier and the business which acts as 1) a proof of contract of carriage, 2) receipt of goods, and 3) document of title of goods. It is considered as one of the most important documents in the whole shipping and freight process. Unknown to many, bill lading has many types, and each of these has its own purpose and set of specific instructions for the shipping carrier.
Check out this visual guide as we present some of the most common types of bill of lading used in the importing and exporting business.