What is a Bill of Lading?
A Bill of Lading (B/L) is a legal document issued by a carrier that serves as a receipt for cargo, evidence of a contract of carriage, and a document of title.
Types of B/L
- Original B/L — negotiable, can be transferred
- Sea Waybill — non-negotiable, faster release
- Switch B/L — replacement B/L with different details