Straight bill of lading 2025

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  1. Click ‘Get Form’ to open the straight bill of lading in the editor.
  2. Begin by filling in the 'Shipper' section with your name and contact details, including address and phone number.
  3. In the 'Consigned To' section, enter the recipient's company name, address, and contact information.
  4. Specify whether charges are 'Prepaid', 'Collect', or '3rd Party' by marking the appropriate box.
  5. If applicable, indicate if any hazardous materials are included by marking the HM column.
  6. Complete the C.O.D. section if you require cash on delivery, specifying the amount and payment method.
  7. Sign and date in the 'Shipper Certification' area to confirm that all information is accurate.

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As mentioned earlier, the key difference between a negotiable and non-negotiable bill of lading is that the contract for a negotiable bill of lading can be transferred to a third party.
The main risk associated with a bill of lading is that it is a binding contract. This means that if either party does not uphold their end of the agreement, they may be held liable.
The differences between the two types of Bills of LadingMaster Bill of Lading (MBL) and House Bill of Lading (HBL)are subtle, yet important to understand. If the B/L is issued as a negotiable then that indicates evidence of title. If the B/L is issued as a non-negotiable then that would not be evidence or title.
A Negotiable Bill of Lading is considered a document of title that can be used to transfer ownership of commodities from one party to the next. The original consignee transfers title of the goods to another party by signing, or indorsing the back of the bill.
A Straight Bill of Lading (SBOL or Straight BoL) is a document used to document the transfer of goods from one party to another. Unlike traditional bills of lading, the SBOL does not need to be endorsed by a consignee, shipper or any other third party prior to it becoming a bill of lading.
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A Negotiable Bill of Lading instructs the carrier to deliver goods to any one person in possession of the original endorsed Negotiable Bill. A non-negotiable Bill of Lading sets one specific consignee, receiver, or buyer to whom the goods must be shipped.
The straight bill of lading is used when the shipment is consigned directly to the named consignee and no other party. Typically this type of consignment is used for open account or cash in advance transactions.

fillable bill of lading