What Are The Types of Bills of Lading?

A bill of lading is a type of valuable document also referred to as a transport document that contains various details such as the consignee, shipper, and notify party, and includes all information related to the commercial transaction. It is issued in return for the goods delivered for transportation. The bill of lading is of great importance for traders engaged in international trade, as well as for individuals or companies that send shipments abroad or bring goods from abroad via cargo. In particular, since the bill of lading is required for the preparation and receipt of the delivery order (ordino), there are various types of bills of lading prepared in different forms depending on specific situations. Accordingly, in this section of the QuickShipper blog, we aim to provide information about types of bills of lading for our e-commerce users and followers involved in international trade.

TYPES OF BILLS OF LADING

As mentioned before, the reason there are different types of bills of lading arises from the need to prepare them in different forms depending on various situations. In this context, bills of lading vary according to the characteristics of the cargo, the payment method, or the transportation standards suitable for the shipment, and are prepared based on such determining factors.

Accordingly, the types of bills of lading can be listed as follows:

• Straight Bill of Lading:
  A type of bill of lading issued in the name of the consignee and not negotiable or transferable by endorsement.

• Forwarder Bill of Lading:
  A type of bill of lading issued when freight forwarders (intermediary logistics companies) act as agents in international transportation and receive a commission for the transport service.

• Claused Bill of Lading:
  A type of bill of lading issued for cargo that has been damaged during international transportation.

• Freight Prepaid Bill of Lading:
  A bill of lading in which the international freight (transportation cost) is paid by the exporting company.

• Freight Collect Bill of Lading:
  A bill of lading in which the international freight (transportation cost) is paid by the importing company.

• Liner Bill of Lading:
  A type of bill of lading issued by the carrier company performing the transportation in international container shipments, or by the ship’s captain in maritime transport. The liner bill of lading is the most commonly preferred type, especially in letter of credit transactions.

Contact us to get more information about types of bills of lading.