What is a Bill of Lading (BOL)?
TMS Glossary
What is a Bill of Lading (BOL)?
A Bill of Lading (BOL) is a legal document issued by a carrier that serves as a shipment receipt, outlining the details of transported goods and the terms of delivery.
Why Is a Bill of Lading Important?
- Acts as a Legal Contract – Serves as proof of shipment and carrier responsibility.
- Ensures Shipment Accuracy – Prevents discrepancies in freight details.
- Facilitates Freight Claims – Provides documentation for lost or damaged goods.
- Supports Compliance – Meets carrier and regulatory requirements.
- Improves Supply Chain Documentation – Centralizes shipment details for tracking and billing.
What Information is Included in a BOL?
- Shipper and consignee details.
- Freight description, weight, and classification.
- Carrier and shipment terms.
- Delivery instructions and special handling notes.
Key Features of FreightPOP’s BOL Management Solution
- Automated BOL Generation – Quickly create and manage BOLs.
- Digital Documentation – Store and retrieve BOLs seamlessly.
- Carrier Compliance Checks – Ensure BOL accuracy before shipment.
- Seamless Integration – Sync BOLs with TMS, WMS, and ERP systems.
Learn more about FreightPOP and BOLs
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