Summary
Summary Overview types of documents International trade & risk
- Course
- Institution
BILL OF LOADING (B/L) CMR-CONSIGNMENT NOTE CIM-CONSIGNMENT NOTE AIR WAY BILL (AWB) INLAND WATERWAY BILL OF LADING
[Show more]
Seller
Follow
axellevd
Reviews received
Content preview
BILL OF LOADING (B/L) CMR-CONSIGNMENT NOTE CIM-CONSIGNMENT NOTE AIR WAY BILL (AWB)DEFINITION + The Bill of Lading is a document International transport of CIM: Convention International Air transport
WHO prepared by the carrier (mostly goods by ROAD (regulated concernant le transport de Designed/prepared by the
PREPARES represented by a shipping agent) by the CMR-Treaty, +30 Marchandises par chemin de fer) carrier or air freight agent
THE and signed by the captain countries) International transport of goods Sender/consignor must provide
DOCUMENT? where he/she declares to have Prepared by the carrier, by RAIL the necessary information
received the goods on board. signed by shipper and Document that serves as a basis needed to fill in the document
carrier for invoicing process by the correctly
The captain is committed to carry Shipper is liable for mistakes railway company
the goods to the agreed on the CMR. Consignee signs Partly filled in by the sender
destination where he delivers the when receiving the goods. and partly by the railway
goods in exchange for the “Convention relative au company
payment of the freight contract de transport Also e-CIM possible
international de
merchandises par route” in
French.
CHARACTERIS Transport agreement = Acknowledgement of Acknowledgement of receipt Acknowledgement of receipt
TICS commitment to transport the receipt for the shipper for the shipper Transport
goods from an agreed port of Proof the goods have Transport contract (when agreement/contract
departure to an agreed port of been loaded on the truck stamped by railway Between consignor/sender &
destination Transport agreement company) carrier
Acknowledgement of receipt = Haulier carries out the NOT a document of title, NOT a document of title,
signed by captain (in practice transport and is No title of possession No title of possession
often the shipping agent), responsible for damage or Can be used as customs Proof of insurance
declares to have goods on loss of the goods (limited (transit) document Serves as instruction sheet
board liability) for the carrier for the
Document of title = who holds NOT a document of handling, shipping and
the b/l is regarded as lawful title, No title of delivery of the goods
possessor of the goods (is not possession Can be used as invoice for
necessarily the owner), b/l can the airfreight costs
be negotiable (transferable)
TRANSFERABI ON BEHALF = straight B/L = Name Always issued ‘on Always issued ‘on behalf’ Always issued ‘on behalf’
LITY recipient of the goods is mentioned behalf’ or ‘in the or ‘in the name’ or ‘in the name’
/NEGOTIABLE – goods can only be handed over to name’ In the name: name recipient In the name: name
this recipient (fill in all details) > In the name: name mentioned– goods can only recipient mentioned– goods
NOT transferable recipient mentioned– be handed over to the can only be handed over to
TO ORDER = order B/L = Goods are goods can only be handed recipient. NOT the recipient. NOT
delivered to the order of a named
over to the recipient. NOT TRANSFERABLE by TRANSFERABLE by
party, the party whose name is
TRANSFERABLE by endorsement (fill endorsement (fill
stated in b/l (fill in ‘to the order of’)
> B/l can be transferred via endorsement (fill everything in) everything in)
endorsement to a third party everything in)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller axellevd. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.93. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now