Terms

Bill of Lading

a document issued by a carrier, or his agent, to the shipper as a contract of carriage of goods. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. Among other items of information, a bill of lading contains (1) consignor's and consignee's name, (2) names of the ports of departure and destination, (3) name of the vessel, (4) dates of departure and arrival, (5) itemized list of goods being transported with number of packages and kind of packaging, (6) marks and numbers on the packages, (7) weight and/or volume of the cargo, (8) freight rate and amount. It serves as a proof of ownership (title) of the cargo, and may be issued either in a negotiable or non-negotiable form. In negotiable form, it is commonly used in letter of credit transactions, and may be bought, sold, or traded; or used as security for borrowing money. A bill of lading is required in all claims for compensation for any damage, delay, or loss; and for the resolution of disputes regarding ownership of the cargo. The rights, responsibilities, and liabilities of the carrier and the shipper under a bill of lading (often printed on its back) are governed generally either by the older Hague rules, or by the more recent Hague-Visby rules.

Air Waybill

a type of bill of lading that serves as a (1) receipt of goods by an airline (carrier) and (2) as a contract of carriage between the shipper and the carrier. It includes (a) conditions of carriage that define (among other terms and conditions) the carrier's limits of liability and claims procedures, (b) a description of the goods, and (c) applicable charges. The airline industry has adopted a standard format for AWB which is used throughout the world for both domestic and international traffic. Unlike a bill of lading, an AWB is a non-negotiable instrument, does not specify on which flight the shipment will be sent, or when it will reach its destination. Also called airbill or air consignment note.

Packing List

a detailed list showing description, quantity and weight of goods preferably with Harmonized System code.

Carrier

the owner of the means of transport or legally the like.

Customs Declaration

the declaration being submitted electronically or manually according to the customs approved form wherein the importer indicates the customs procedures applicable to the goods and describes the details, which the customs require to be declared for the purposes of applying such procedures.

 

Railroad Waybill

a document issued by a carrier, or its agent, to the shipper as a contract of carriage of goods. It is also a receipt for cargo accepted for transportation, and must be presented for taking delivery at the destination. In the world there exist several railroad transportation systems different in gage width, wagon types, transportation conditions, etc. that is why there are several kinds of Waybills corresponding to different rules of regulation. Thus, in the case of post-Soviet area CIM\ SMGS Waybills are used.