Every International Shipper Should Be Familiar With these 6 Shipping Terminology
1. Bill of Lading (B/L): It is a legal document issued by the carrier or its agent that serves as a receipt of goods shipped and a contract of carriage. The B/L contains important information about the goods, such as the type of goods, the quantity, the destination, and the consignee.
2. Freight Forwarder: A freight forwarder is a company or an individual that arranges for the transportation of goods from one point to another. They typically handle all the logistics involved in the shipping process, including documentation, customs clearance, and insurance.