Tuesday, February 22, 2005

Glossary of Shipping Terms: (Bill of Lading): Clean B/L - Express B/L

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Glossary of Shipping Terms: (Bill of Lading): Clean B/L - Express 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.

* Clean B/L: A B/L which bears no superimposed clause or notation which declares a defective condition of the goods and/or the packaging.
* Combined B/L: B/L that covers cargo moving over various transports.
* Consolidated B/L: B/L combined or consolidated from two or more B/L's.
* Corrected B/L: B/L requiring any update which results in money or other financially related changes.
* Domestic B/L: Non-negotiable B/L primarily containing routing details; usually used by truckers and freight forwarders.
* Duplicate B/L: Another original Bill of Lading set if first set is lost. also known as reissued B/L.
* Express B/L: Non-negotiable B/L where there are no hard copies of originals printed.

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.

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