Bill of Lading vs Waybill � Know The Difference! Why Its Important?

Iiiem.design124 Feb, 2024Business

When you ship goods by sea, you deal with lots of paperwork. But the two main documents you need to know about are the bill of lading and the waybill. People often mix them up, but they each have specific jobs when you?re sending stuff overseas. However, they?re still connected! The key difference between them is where and why they?re used. So, what?s the deal? Well, the bill of lading acts like a receipt for your exported goods and a contract for transportation. On the flip side, a waybill is proof that the bill of lading is real and serves as a contract.