The Bill of Lading is a legally binding document that serves several functions in the transportation of goods. It acts as a document of title, establishing legal ownership of the goods specified in the bill of lading. It also acts as a receipt, acknowledging the shipment of products and confirming their delivery to the carrier. Finally, the bill of lading outlines the agreed terms and conditions of carriage, establishing the contractual obligations between the shipper and the carrier. Overall, the bill of lading plays a crucial role in the accurate processing of shipments by providing essential details and ensuring compliance with the terms of transport.

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【Logistics 101】What is Bill of Lading?