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Bill of lading (B/L)

shipping container at sea
Definition

In the supply chain, a bill of lading (B/L) is a legal document issued by a carrier or their agent to acknowledge the receipt of goods for shipment. It serves as a contract of carriage and a receipt of goods, documenting the details of the cargo, the terms of transportation, and the parties involved. The B/L also serves as a title document, representing ownership of the goods and allowing for their transfer during transit.

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Bill of lading (B/L)

Definition

In the supply chain, a bill of lading (B/L) is a legal document issued by a carrier or their agent to acknowledge the receipt of goods for shipment. It serves as a contract of carriage and a receipt of goods, documenting the details of the cargo, the terms of transportation, and the parties involved. The B/L also serves as a title document, representing ownership of the goods and allowing for their transfer during transit.

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Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea