Typically three bills are issued—one for the shipper, one for the consignee, and one for the banker, broker, or third party. There is no restriction on the number of bills of lading that can be issued, but the number issued must be stated on the bill. Because the bill of lading is a document of title, it is valuable.
An Original B/L is a physical paper document of a Straight B/L or Order B/L issued to the shipper at the port of lading by the carrier. In the regular shipping process, the release of goods to the consignee at destination occurs only upon surrender of one or more of these original B/Ls issued by the carrier.
Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.
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