Bill of Lading (B/L)

A document that establishes the terms of a contract between a shipper and a transportation company.

It serves as a document of title, a contract of carriage and a receipt for goods.

•  Amended B/L: B/L requiring updates that do not change financial status; this is slightly different from corrected B/L.

•  B/L Terms & Conditions: the fine print on B/L; defines what the carrier can and can-not do, including the carrier’s liabilities and contractual agreements.

•  B/L’s Status: represents whether the bill of lading has been input, rated, reconciled, printed, or released to the customer.