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Which bill of lading is non-negotiable? A straight bill of lading is essentially the non-negotiable bill of lading. It is a bill of lading that limits the carriers liability. It cannot be transferred to any consignee, receiver, or purchaser; it must be transferred to the specific recipient.
Unlike a bill of exchange or promissory note, the bill of lading is not a negotiable instrument which is able to pass a good title to a bona fide transferee, regardless of the title of the transferor. The sole fact that the bill of lading is issued to the shipper does not enable him to give any title to a transferee.
The BOL should include specific information such as: The number of units to be shipped. The precise weight of the shipment (multiple freight units call for each items weight to be listed). Shipper and receiver names and addresses. The date of shipment. The carriers unique instructions.
A Short Form Bill of Lading (also known as Blank Back Bill of Lading) is one where the Terms and Conditions of carriage is NOT printed on the reverse..
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