A Bill of Lading is a required document for a freight shipment, but what Bill of Lading do you need for your shipping needs? In today’s blog post, ShipCarte is detailing the differences between the Master Bill of Ladings and House Bill of Ladings, and we hope that reading this blog helps clarify the difference between the two.
Shipping can be a complex process, which is why we created our shipping platform to help you with all of your shipping needs. Our integrated platform allows you to access carrier rates based on your shipping requirements, saving you money and making it easy to optimize performance.
What Is A Bill of Lading?In order to move a freight shipment, you must have a bill of lading (BOL), which works as a receipt of the freight services, a contract between a freight carrier and shipper, and a document of title. The BOL is a legging binding document, and if you are shipping cargo, you must make sure that all the details are processed and invoiced correctly.
The information included in the BOL is critical, and it directs the actions of personnel along the route of shipment, ensuring a safe delivery. Bill of Ladings are classified into two different types: the Master Bill of Lading and the House Bill of Lading. Continue reading to learn more, and if you’d like help in the shipping process, try ShipCarte’s shipping platform.
The Master Bill of Lading, or MBL, is issued by the carrier. It represents the contract of carriage between the shipper and carrier. A MBL is one of the most reliable documents in maritime transportation, as it is signed and printed by the carrier.
International maritime transport is primarily carried out by large-scale carriers that carry container shipping worldwide. These carriers use their own container ships, and if an exporter wants to transport goods with one of these carriers, it communicates with the carrier company and organizes transportation. The carrier then takes responsibility for the MBL. There are two overarching types of MBLs:
When you use the ShipCarte shipping platform, you’ll discover how easy it can be to manage inventory and ship around the world. You not only get access to our cloud-based system, but you also have the support of an account manager who is dedicated to your success. Our courier services have you covered, and we have all the features you need to grow your business:
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