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The main difference between a Master Bill of Lading and a House Bill of Lading, would be that the Master document is used for consolidating several or multiple House Bills of Lading into a single B/L.
What is the difference between a bill of lading and a delivery receipt?
A bill of lading is a certificate, manifest, etc. of the goods that are being transported. A delivery receipt is a form of proof that the customer has received the goods. It also proves that the carrier has delivered the goods and that the customer has signed the receipt. In this article, we will look at the difference between the house and master bill of lading.
Who issues a bill of lading?
A carrier or carrier normally issues the B/L. However, sometimes the consignor will prepare their own draft of the BL for the sake of efficiency.
What is meant by the term bill of lading?
A bill of lading describes a form or document used in the transport and transfer of goods. It is used for many types of trade, but especially important for international trade.
What is the use of a bill of lading?
The bill of lading lists everything that has been packed or is included in a shipment.
How does the bill of lading work?
The BL is a written receipt issued by a shipping company to the shipper. It can also act as an agreement/contract between a sender and a carrier.
The bill of lading gives the names and addresses of the consignor and consignee, it sometimes includes the carrier’s charges. It will also include a description of the goods and the type of packaging used. When used only as a receipt and contract, it is called a direct bill of lading. When used with a money order to collect payment for the consignee’s goods, it is called a negotiable or orderable bill of lading.
The BL is also an essential document in LC shipments.
What is a dirty bill of lading?
This is a bill of lading which includes a note about the adverse conditions of the goods. A dirty bill of lading can create payment problems for shipments moving on documentary credit.
What is a Switch Bill of Lading?
A switch bill of lading is the second set of bills of lading issued by the carrier or its agent in place of the set issued at the time of shipment. The invoice holder may decide, for one reason or another, that the first set of invoices is not adequate, and the carrier is under commercial pressure to issue exchange invoices to meet its new requirements. This type of B/L can be used when a product seller in a contract chain does not want the original shipper’s name to be known.
Who is the sender on a bill of lading?
The company that contracts for carriage is the sender.
What are the different types of bills of lading?
There are more than 9 common formats of bill of lading formats. It is important to note that there may overlap between the categorizations below. For example, a direct bill of lading can also be a dirty bill of lading.
1. Direct Bill of Lading: Typically used when sent to a customer who has already paid for the goods.
2. To Order Bill of Lading: This is used for shipments when payment is not made in advance.
3. Clean Bill of Lading: Clean Bill of Lading is simply a B/L that the carrier has to sign saying that when the packages were loaded they were in good condition.
4. Inland Bill of Lading: This allows the carrier to send cargo, by road or rail, across national land, but not by sea.
5. Ocean Boarding Letter: Ocean Bills of Lading allows the shipper to transport cargo across the seas.
6. Through Bill of Lading: Through Bills of Lading allow the carriers to pass the cargo through different modes of transport and/or several different distribution centers.
7. Multimodal/Combined Bill of Lading: This is a type of bill of lading involving a minimum of two different modes of transportation, land or ocean. Modes of transport can be anything from the cargo ship to the air.
8. Boarding onboard Bill of Lading: A boarding is sent on board when the cargo arrives at the port in good expected condition of the carrier and then loaded into the cargo ship for carriage by sea.
9. Letter of Lading with clause: If the cargo is damaged or quantities are missing, a Letter of Landing is issued with clause.
Bill of lading date?
The bill of lading date is the date on which the B/L was created. This is different from the onboarding date.
What is a direct bill of lading?
This is a bill of lading in maritime transport that covers direct shipment between the cargo and unloading ports of the ship.
What is the difference between a delivery bill of lading and an express bill of lading?
Bill of lading delivery is where Master BL or House BL is approved and returned to the ocean liner or cargo transport. The carrier or freight forwarder sends a telex message to the receiver’s agent at the destination to release the cargo without the actual presentation of the original Bill of Lading. Under Express Bill Of Lading, the release of the load can happen without the actual presentation of the original B/L.
Why is a bill of lading required?
It is a written document that provides the customer with written documentation of the services they have billed for transportation and a receipt of cargo.
What is the meaning of the house bill of lading?
A bill of lading was issued by the freight forwarder but not the main carrier itself.
What are the features of a bill of lading?
There are three functions of a bill of lading:
1. Bill of lading is evidence that the carrier has received the goods.
2. Bill of lading is a device confirming the contract of maritime transport of goods.
3. The bill of lading is a title of ownership of the loaded goods.
What is a bill of lading and types of bill of lading?
The bill of lading is issued by the shipping line as a receipt of goods. The shipper must provide sufficient data to the corresponding shipment line based on the purchase order, invoice, packing list, etc. Bill of lading is only issued by the shipping line only after the cargo has been on board the ship.
What makes the bill of lading dirty?
A clean BOL is a receipt for products that are not damaged or with clauses. A dirty BL will occur if the carrier, shipper or consignee has any discrepancy with respect to the damage, weights, or unit of the unit and are marked in the B/L.
How many types of bills of lading are there?
The main types are: negotiable of bills of lading, non-negotiable bills of lading, and master bills of Lading/house bill of lading. These can overlap. For example, a master bill of lading also is a negotiable bill of lading.
What is the validity of the bill of lading?
A bill of lading simply indicates the product being sent, quantity, shipping weight, special instructions, stamp number (if applicable), etc. It remains valid until (if) canceled by the issuer.
What is the difference between the main bill of lading and the house bill of lading?
Master bill of lading: Issued by the carrier.
House bill of lading: Issued by the cargo agent.
What is the difference between the bill of lading and the packing list?
One of the differences between a bill of lading and a document called the packing slip is as follows: A bill of lading is a shipping contract. It is generally non-negotiable and indicates information such as the origin of the shipment and the destination points, the name of the carrier responsible for the transport, the description of the cargo, the volumetric dimensions and weight, as well as the value of the goods. It may also contain and any special instructions for the carrier.
It is signed by the sender and the representative of the carrier (usually the driver) and is the agreement according to which the goods are delivered to the carrier for transport. A packing slip is how goods are described.
While it will also include some of the relevant information shown on the bill of lading, it mainly refers to the inventory of the shipment that relates directly to the purchase order. In some cases, copies of the delivery note are signed by the receiver and delivered to the delivery carrier as proof of delivery, indicating whether the goods have been damaged or shipped shortly.
When do you use an express bill of lading?
We use an express bill of lading for a faster clearance lead time inspection process.
What does the bill of lading number mean?
Each bill of lading has a set of numbers that differentiates each B/L from the other.
What is a manifest?
A manifest is used to provide evidence to government agencies (or to manifest) the contents of a cargo ship. It is a legal document.
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