Three functions in a single document make the bill of lading indispensable in ocean freight: it acts as the carrier's receipt for goods taken on board, as evidence of the contract of carriage, and—when issued to order—as a negotiable document of title.
Source: https://iccwbo.org
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.