Bill of lading types
Switch bill of lading is generally requested by the consignee from the owner of the vessel when the consignee do not wish to reveal to the new buyer the identity of the shipper of the cargo. The various types of bill of lading are given below. However, different types of bill of lading are used in certain situations. Knowing the details of each type is important for all parties involved. A straight bill of lading is a document in which a seller agrees to use a specific mode of transportation to deliver goods to a certain location, and the bill is assigned to a specific party. The straight bill of lading details the type, quality, and quantity of the good. It also serves as the receipt upon arrival at the destination. A type of through bill of lading where a shipment involves at least two ways of transport. The simplest is usually what’s known as a direct or straight bill, though this is usually only suited for standard interactions between shippers and sellers.