bill of lading on board

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Shipped Bill of Lading A bill of lading (B/L) is defined as a document issued by a carrier (like a shipping line or airline) to acknowledge receipt of cargo for shipment. It is also referred to as a document of title because it provides evidence of ownership of the cargo. Many legal formalities a......

Shipped Bill of Lading

A bill of lading (B/L) is defined as a document issued by a carrier (like a shipping line or airline) to acknowledge receipt of cargo for shipment. It is also referred to as a document of title because it provides evidence of ownership of the cargo. Many legal formalities are attached to this document, especially in international trade.

In the case of an ‘already shipped’ B/L, the document has already been signed by the carrier accepting a shipment of goods. This document is legally binding and gives the shipper legal ownership of the cargo that is being transported. An ‘already shipped’ B/L is commonly used when the shipper has paid for the freight in advance and the goods are picked up and shipped by the carrier. This document allows the shipper to be assured that the shipment is in transit and their ownership of the cargo has been legally established.

Having a ‘shipped B/L’ is beneficial as it is a legal agreement between the shipper and carrier. This document allows both parties to identify the terms of their relationship so there is little room for dispute when it comes to the cost of the shipment or the exact details of the cargo such as size, weight and other important factors. It is important for the shipper to ensure that the details in the contract perfectly match the conditions of their shipment as any discrepancies could result in costly delays or disputes.

A ‘shipped B/L’ is also a good indicator of how quickly the cargo can be shipped and can provide assurance to the shipper that the goods will be moved efficiently from one location to another. This also gives the shipper peace of mind that their shipment is securely in transit and can be tracked via its associated bill of lading number.

The final benefit of having a ‘shipped B/L’ is that if there is any legal dispute between the shipper and carrier, the document serves as evidence of their agreement and can be used in a court of law. This is particularly important during international shipments, where legal proceedings may arise due to contractual disputes.

In conclusion, a ‘shipped B/L’ is an essential document for those who wish to ensure their cargo is shipped quickly, safely and legally. It provides the shipper with peace of mind that their shipment is securely in transit by providing legal evidence of both ownership of the cargo and the terms of the contract between the shipper and carrier. This document is particularly important when it comes to international shipments, where any legal proceedings can be streamlined by having a ‘shipped B/L’.

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