Glossary of Shipping Terms: (Bill of Lading): Amended B/L - Canceled B/L

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Glossary of Shipping Terms: (Bill of Lading): Amended B/L - Canceled B/L

Bill of Lading (B/L)
A document that establishes the terms of a contract between a shipper and a transportation company. It serves as a document of title, a contract of carriage and a receipt for goods.

* Amended B/L: B/L requiring updates that do not change financial status; this is slightly different from corrected B/L.
* B/L Terms & Conditions: the fine print on B/L; defines what the carrier can and cannot do, including the carrier's liabilities and contractual agreements.
* B/L's Status: represents whether the bill of lading has been input, rated, reconciled, printed, or released to the customer.
* B/L's Type: refers to the type of B/L being issued. Some examples are: a Memo (ME), Original (OBL), Non negotiable, Corrected (CBL) or Amended (AM) B/L.
* Canceled B/L: B/L status; used to cancel a processed B/L; usually per shipper's request; different from voided B/L.

The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business through the Department of Transportation in the interest of information exchange. Neither the U.S. Government or Shipping-web.com assume liability for its contents or use thereof nor do they endorse products. We hope you will find it useful.