Bill of Lading (BOL)

A Bill of Lading (BOL) is a legal document issued by a carrier to a shipper that confirms the receipt of goods for transportation. It serves three main purposes: proof of shipment, a contract between the shipper and carrier, and a document of title, meaning it can be used to claim ownership or transfer ownership of the goods. The BOL includes details about the shipment, such as what is being shipped, the destination, and the terms of transport. It ensures both parties are clear on the shipment’s specifics and provides legal protection throughout the shipping process.