A bill of lading is a contract between the owner of the goods and the carrier. For vessels, there are two types: a straight bill of lading, which is non-negotiable, and a negotiable or shipper’s order bill of lading. The latter can be bought, sold, or traded while the goods are in transit. The customer usually needs an original as proof of ownership to take possession of the goods.
About The Author
Suzan was born in New Jersey and raised in Turkey. She moved back to the States after graduating from high school in Turkey, and earned her Bachelors Degree in Economics from Rutgers University. She later attended Mandarin courses at Jilin University, and international relations courses in Columbia University, New York. Suzan has been with MTS Logistics since August 2012, and works in our Sales Department.