{"@context":"https://schema.org","@type":"DefinedTerm","name":"Bill of Lading","description":"The bill of lading serves as the cornerstone document of ocean freight, bundling three distinct legal functions into a single instrument: the carrier's receipt for goods taken in apparent good order, written evidence of the contract of carriage, and—when issued to order—a negotiable document of title. An order bill of lading can be transferred by endorsement, allowing cargo to change hands while still at sea. A straight (non-negotiable) bill of lading, by contrast, names a fixed consignee and ca","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/bill-of-lading-3","inLanguage":"en","dateModified":"2026-06-26T17:27:26.043780","citation":"https://www.investopedia.com/terms/b/billoflading.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/bill-of-lading-3","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Bill of Lading · The bill of lading serves as the cornerstone document of ocean freight, bundling three distinct legal functions into a single instrument: the carrier's receipt for goods taken in apparent good order, written evidence of the contract of carriage, and—when issued to order—a negotiable document of title. · Quelle: https://www.investopedia.com/terms/b/billoflading.asp"}