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Is a bill of lading the same as a purchase order?

The bill of lading includes the following: Purchase order and/or account number. Shipment date. Shipper's name and address.

Why is a bill of lading important?

Legal Requirements of the Bill of Lading Name of the consignor. Name of the consignee. Origin name and address. Destination name and address. Quantity of cargo. Description of freight. Weight, volume, or measurement of freight (if applicable to the rating of the freight)

Is a bill of lading the same as an invoice?

The shipping invoice, also called a bill of lading, is a legal document that is required any time a company sends a freight shipment of goods. As with other types of invoices, shipping invoices serve as a receipt for freight shipments.

What is on a bill of lading?

A bill of lading is a contract between you, the owner of the goods, and the carrier stating what goods you're shipping, where the shipment is coming from and where it's headed. It also serves as a receipt issued by the carrier once your shipment is picked up.

What is the importance of the Bol?

The bill of lading also serves as evidence that products are transferred to the carrier to await movement. Once a carrier has picked up the shipment, they take responsibility for its condition. The BOL is the legal document that indicates when and where the shipment is received by the carrier or agent.

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