March 18, 2020

How Digital Bill of Lading Reinforces Shipment of Goods?

A bill of lading is a legal document passed from the sender of the cargo to the master of the ship and then subsequently to the consignee. It is a contract that reflects the terms and conditions set by the sender and receiver of the goods for the shipment of the products.

It generally fulfills these three functions:

• It lists and highlights the goods to be shipped along with their quantity and size.

• It also acts as a receipt for the shipped products.

• It also underlines the agreed terms and conditions collectively described by the sending and receiving party.

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