A bill of lading template is a legal document issued by a carrier to the shipper detailing the quantity, type, and the destination of the goods being carried. It is the other form of contract between the carrier and the shipper during the delivery of goods. Free professional bill of lading templates provide a system to note the condition of goods at the time of loading and to identify when and where the goods were loaded. Moreover, this format also serves for the resolution of disputes concerning the ownership of the shipment. Going further, it also includes information about the shipper’s name, receiver’s name, names of the ports of destination, itemized list of goods, freight rate or amount, weight or volume of shipment, name of the vessel; date of departure and arrival.
Importance of Bill of Lading:
Bill of lading templates are mainly required by merchants to complete their business transactions. Basically, this document is also used as a receipt of shipments when goods are delivered to the fixed destination, as well as it is needed in all claims of recompense for any sort of damage, loss, or delay. Moreover, this bill is used as a business receipt, signed by the carrier confirming that the goods match the description listed and have been received by the carrier in good order. All the required information about the goods is mentioned in the bill of lading and their condition is accurately listed. In addition, if any problem happens with the goods, you can claim on the basis of the bill of lading.
Details of Bill of Lading Template:
The sample bill of lading format is often used to indicate the terms of a sale transaction by listing the intercoms. Generally, this document is one of the most critical documents in the whole shipment and supply chain. In other words, it is an agreement of carriage, and it can be used as a negotiable tool. Moreover, a bill of lading also suggests the specific carrier through which the goods have been placed from their origin to their final destination. The basic purpose of a bill of lading in a trade is that it is used as a proof of contract of carriage, proof of receipt of the shipment by the carrier; and it is a document of title of goods.