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What is a Bill of Lading?

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What is a Bill of Lading?

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• A bill of lading (B\L) is a contract for transportation and a receipt for cargo that a common carrier gives to a seller when a carrier transports goods on behalf of a seller.

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A Bill of Lading is a document showing the exact piece count, weight and types of materials being shipped. This document is required by Freeman to load your outbound shipments onto the various carriers.

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A Bill of Lading is a legal document issued by the carrier, that confirms the receipt of a car for transport, and specifies the terms and conditions of delivery. The document will be used at the time of pick-up and must be signed by the client and the carrier. It is also will be signed when the car is delivered. Consider the Bill of Lading as a receipt, a contract and a document that ensures the security of your possession.

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by Tim Taylor, President Most people look at the bill of lading simply as a document that tells the trucker where to deliver the load. That observation is actually only part of the picture. A bill of lading is the deal between the shipper (and, by reference, the receiver) and the transportation company. The bill of lading sets up important stipulations regarding the following: title (ownership) of the goods; where title passes; liability for loss; the amount of financial responsibility the carrier will assume; damage; payment of the freight bill; terms; and a host of other contractual obligations. The following examines each part of the bill of lading and its obligations.

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The bill of lading is the CONTRACT between you and the mover. The mover is required by law to prepare a bill of lading for every shipment it transports. The information on the bill of lading is required to be the same information shown on the order for service. The driver who loads your shipment must give you a copy of the bill of lading BEFORE loading your household goods. You must also sign the bill of lading. It is your responsibility to read the bill of lading BEFORE you sign it. If you do not agree with something, do not sign it until you are satisfied that it shows the service you want. The bill of lading requires the mover to provide the service you have requested, and you must pay the mover the charges for the service. The bill of lading is an important document so be careful not to lose or misplace your copy. Have it available until your shipment is delivered, all charges are paid and all claims, if any, are settled.

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