Through Bill of Lading - Definition
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What is a Through Bill Of Lading?
A through bill of lading is used in the international shipment of goods. It allows the holder of the bill of landing to handle shipment from the point of origin to the final point of destination.
A bill of lading is simply a contract between the person shipping the goods and the carrier or a transporting company used in international trade. International business people will require this document when shipping products. It acts as a receipt and as a contract between the two parties. The bill of lading shows the transporting company owns the freight as per the description (cargo receipt). It also specifies the terms of delivery. One of the essential detail contained in the document is for the shipping company to ensure that it delivers the cargo to the consignee in perfect condition.
Other Types of Bill of Lading
Apart from through bill of lading, there are also other types of bill of lading that should know. They are as follows:
- Clean bill of lading
- Bearer bill of lading
- Received for shipment bill of lading
- Charter party bill of lading
- Clauses bill of lading
- Master bill of lading
- Stale bill of lading
- Container bill of lading
- Order bill of lading
- Surrender bill of lading
- House bill of lading
- Straight bill of lading