Bill of Lading vs. Invoice: How Do They Differ?
Posted: Sun Feb 16, 2025 3:33 am
Points of Distinction Bill of Lading Invoice
Purpose A legal document that governs the transportation of goods A commercial document listing the products or services provided to a customer
Issuer Carrier Seller
People Involved Shipper, carrier, and consignee Seller and purchaser
Contents Description of goods, quantity of goods, destination, and any special instructions. Type of product, price per unit, number of units, total amount, taxes, and buyer contact information.
The different types of bills of lading and their purposes demonstrate their significance chile phone number list in the logistics industry. They hold critical legal importance as a contract that establishes the transaction between the transport company and a shipper to move specific quantities of goods to a prescribed destination. Secondly, it becomes a vital receipt of shipment, and thirdly, it establishes a control hierarchy to prevent theft of goods during transportation.
If you are a business with a well-established local network and want to expand your customer base internationally, bills of lading become essential legal documents for your expansion. You must understand the workings of the different types of bills of lading and choose the appropriate type when you engage in international shipping.
Purpose A legal document that governs the transportation of goods A commercial document listing the products or services provided to a customer
Issuer Carrier Seller
People Involved Shipper, carrier, and consignee Seller and purchaser
Contents Description of goods, quantity of goods, destination, and any special instructions. Type of product, price per unit, number of units, total amount, taxes, and buyer contact information.
The different types of bills of lading and their purposes demonstrate their significance chile phone number list in the logistics industry. They hold critical legal importance as a contract that establishes the transaction between the transport company and a shipper to move specific quantities of goods to a prescribed destination. Secondly, it becomes a vital receipt of shipment, and thirdly, it establishes a control hierarchy to prevent theft of goods during transportation.
If you are a business with a well-established local network and want to expand your customer base internationally, bills of lading become essential legal documents for your expansion. You must understand the workings of the different types of bills of lading and choose the appropriate type when you engage in international shipping.