Glossary of Shipping Terms: Bill of Lading Port of Discharge - Block Stowage

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Glossary of Shipping Terms: Bill of Lading Port of Discharge - Block Stowage

Bill of Lading Port of Discharge
Port where cargo is discharged from means of transport.

Bill of Sale
Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.

Bill to Party
Customer designated as party paying for services.

Billed Weight
The weight shown in a waybill and freight bill, i.e, the invoiced weight.

Blanket Bond
A bond covering a group of persons, articles or properties.

Blanket Rate
· A rate applicable to or from a group of points.
· A special rate applicable to several different articles in a single shipment.

Blanket Waybill
A waybill covering two or more consignments of freight.

Blind Shipment
A B/L wherein the paying customer has contracted with the carrier that shipper or consignee information is not given.

Block Stowage
Stowing cargo destined for a specific location close together to avoid unnecessary cargo movement.

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.

Glossary of Shipping Terms: (Bill of Lading): Short Term B/L - Voided B/L

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Glossary of Shipping Terms: (Bill of Lading): Short Term B/L - Voided 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.

* Short Term B/L: Opposite of Long Form B/L, a B/L without the Terms & Conditions written on it. Also known as a Short Form B/L. The terms are incorporated by reference to the long form B/L.
* Split B/L: One of two or more B/L's which have been split from a single B/L.
* Stale B/L: A late B/L; in banking, a B/L which has passed the time deadline of the L/C and is void.
* Straight (Consignment) B/L: Indicates the shipper will deliver the goods to the consignee. It does not convey title (non-negotiable). Most often used when the goods have been pre-paid.
* "To Order" B/L: See Negotiable B/L.
* Unique B/L Identifier: U.S. Customs' standardization: four-alpha code unique to each carrier placed in front of nine digit B/L number; APL's unique B/L Identifier is "APLU". Sea-land uses "SEAU". These prefixes are also used as the container identification.
* Voided B/L: Related to Consolidated B/L; those B/L's absorbed in the combining process. Different from Canceled 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.

Glossary of Shipping Terms: (Bill of Lading): Non-Negotiable B/L - Reconciled B/L

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Glossary of Shipping Terms: (Bill of Lading): Non-Negotiable B/L - Reconciled 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.

* Non-Negotiable B/L: See Straight B/L. Sometimes means a file copy of a B/L.
* "Onboard" B/L: B/L validated at the time of loading to transport. Onboard Air, Boxcar, Container, Rail, Truck and Vessel are the most common types.
* Optional Discharge B/L: B/L covering cargo with more than one discharge point option possibility.
* "Order" B/L: See Negotiable B/L.
* Original B/L: The part of the B/L set that has value, especially when negotiable; rest of set are only informational file copies. Abbreviated as OBL.
* Received for Shipment B/L: Validated at time cargo is received by ocean carrier to commence movement but before being validated as "Onboard".
* Reconciled B/L: B/L set which has completed a prescribed number of edits between the shippers instructions and the actual shipment received. This produces a very accurate 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.