House Bill of Lading is a transport document issued by a freight forwarder to the shipper, detailing the shipment of goods.
How It Works:
- The exporter hands over goods to a freight forwarder.
- The forwarder issues the House Bill of Lading.
- It contains shipment details such as quantity and destination.
- It acts as proof of receipt and contract of carriage.
- Used for tracking and delivery.
Benefits:
- Provides shipment visibility
- Acts as proof of contract
- Facilitates logistics management
- Simplifies documentation
Example:
A freight forwarder issues a House Bill of Lading to an exporter confirming receipt of goods for shipment.