What is a bill of lading?
Moving guides - November 6, 2018
Bill of lading is a very important term, however – not many of us have heard about it. And since not many of us are dealing with shipping and freight chain – that’s ok. But, if you are planning on getting into this business, you should definitely learn more about it. So, let’s dive in!
Bill of lading is not only an important term. It is a document. And yes – an important one. People also refer to it when mentioning terms such as B/L or similar. So, yes – you might have heard about it somewhere along the way. And since we are mentioning this journey, we can use this term to explain it to you what a bill of lading is. Let’s start.
Why do you need a bill of lading?
There are many ways you can think about a bill of lading. One of them being – t.it is a simple ticket. This document indeed acts as a ticket of a sort. It outlines the journey of your goods (any kind of cargo) from point A to point B. Point A being its origin, and point B being its final destination. It allows you, as a shipper, to learn more about the details such as method and paths of a shipment. And – it is issued by a carrier. On the other hand – a bill of lading is everything but simple. It is detailed and complex. Of course, for a good reason. It has 3 main roles:
- Evidence of Contract of Carriage;
- Receipt of Goods;
- Document of Title to the Goods;
1# Evidence of Contract of Carriage
First thing’s first – we must understand a difference between a bill of lading and a contract between a buyer and the seller. The second kind must be concluded prior to B/L. Bill of lading is actually the evidence of that contract. BOL acts as a contract and a receipt on its own. It is also important to note that this evidence should contain details of the type, amount and condition of the freight.
2# Receipt of Goods
After BOL gets issued, it also stands as an evidence of the exchange. It states that the carrier has received certain goods from the shipper and that the goods have been properly loaded onto the transportation vessel. And in a certain shape. And once goods reach their end destination – they are expected to be in that same condition. Nothing less, nothing more. And if something goes wrong, missing, or ends up damaged or broken – bill of lading is a document you can use as a proof in the court of law.
3# Document of Title to the Goods
Since the shipper won’t be receiving goods on the other side of the road, bill of lading starts acting like a document of title to the goods. Carrier will turn over goods to the receiving party named by BOL.
And after you read all this, it all starts to make sense? Doesn’t it? Well, we believe that most of the confusion regarding this document comes from its name. What is lading? The answer is pretty simple. Confusing word ”lading” comes from Old Englis language. What’s interesting, it actually means – loading. And if the name of this document was the Bill of Loading – you would have guessed what it stands for, but the word ”lading” gets most of us confused.
Historically, BOL has been used since the Roman times, and it is more than common. What’s interesting, more than 60% of the population doesn’t know what it stands for! However, the information this document holds is of crucial importance, It directs the carrier and its crew all along the route of the shipment. No matter if it is traveling by air, sea or land.
The difference between Bill of Lading and Moving Contract
Do you need a bill of lading when moving? And what’s the difference between these two documents? The answer is, again, pretty simple. No. You don’t need a BOL when moving. You need a moving contract. What is a moving contract? It is an agreement reached by both parties, the mover and the person seeking moving services. And even if we consider every difference between these types of documents, they are both pretty important. However, since you are not shipping your goods to another country – you won’t need a bill of lading. No. You will need a moving contract.
Why are Moving Contracts so important?
Because your safety comes first. And it should always stay that way. No matter what. And you already know it. Well, that is what the moving contract stands for. It protects both parties. Even more importantly, it protects you. From damage, any unlawful actions, and moving scams. And you’ll want to avoid every kind of a trouble when moving.
How to avoid moving scams and other problems?
Simply. By hiring a professional moving company you can trust and rely on. At all times – day and night. There are many moving companies on the market. And most of them offer similar services. What separates them, and makes JP Urban Moving Brooklyn special is just that – your safety. You want a reliable team on your side. A team that is highly trained and well-experienced. And maybe even more importantly, a team that is ready to take on any kind of relocation project. No matter its size or complexity.
We offer you a wide range of moving services at an affordable rate
And that is something that comes right after your safety – your complete satisfaction. Yes. It matters to us. We want our clients to be 100% happy with our services. No matter if you are moving long distance, or to the apartment next door – we are at your service! So – wait no more and get in touch with our team!