A BOL is required for all freight shipments, regardless of transportation method or piece count, and must contain specific information to be considered legally binding.
Is a bill of lading an invoice?
A bill of lading is a legal document that is issued by a carrier to the shipper. It contains details about which goods are being shipped, where the shipment is coming from and going to, as well as details of the shipper, carrier, and consignee.
What is the bill of lading on an invoice?
The documents serve different purposes. A bill of lading is a shipping document issued by a carrier that outlines the terms of shipment and serves as a receipt of goods, a contract, and a document of title. An invoice is a financial document requesting payment for goods or services provided.
What is the difference between a freight invoice and a bill of lading?
While bills of lading are legal documents, freight invoices are not. However, the two documents should closely match. The freight invoice details the specific charges and accumulated cost to be paid, inclusive of freight, fuel, and ancillary and accessorial charges.
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Oct 1, 2018 Nothing in this Bill of Lading shall limit the right of the Carrier to require the prepayment or guarantee of the freight charges at the time of
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