Define: Consolidated Bill Of Lading

Consolidated Bill Of Lading
Consolidated Bill Of Lading
Full Definition Of Consolidated Bill Of Lading

A consolidated bill of lading is a legal document that combines multiple bills of lading into one document for the purpose of shipping goods. It serves as a receipt of goods, a contract of carriage, and a document of title. The consolidated bill of lading outlines the terms and conditions of the shipment, including the parties involved, the goods being shipped, the destination, and the mode of transportation. It is a legally binding agreement between the shipper and the carrier, and any disputes arising from the shipment will be governed by the terms outlined in the Consolidated Bill of Lading.

Consolidated Bill Of Lading FAQ'S

A Consolidated Bill of Lading is a document issued by a carrier or freight forwarder that combines multiple smaller shipments into one larger shipment for transportation.

A CBL is typically used when multiple smaller shipments from different shippers are being transported together to the same destination.

The carrier or freight forwarder responsible for transporting the consolidated shipment issues the CBL.

A CBL includes details about the individual shipments being consolidated, such as the shipper’s name and address, the consignee’s name and address, the description of the goods, and the shipping terms.

A CBL serves as a legal contract between the carrier or freight forwarder and the shipper, outlining the terms and conditions of the transportation agreement.

Yes, the shipper can track the consolidated shipment using the CBL number provided by the carrier or freight forwarder.

The carrier or freight forwarder is responsible for addressing any discrepancies or damages to the individual shipments within the consolidated shipment, as outlined in the terms of the CBL.

Yes, there are different types of CBLs, such as master and house bills of lading, which are used in different scenarios for consolidating shipments.

Shippers should carefully review the terms and conditions of the CBL, ensure that all necessary information is accurate, and retain a copy for their records.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 4th May 2024.

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