Podcast
Questions and Answers
What is the function of an air waybill?
What is the function of an air waybill?
In what way is an order bill of lading different from a straight bill of lading?
In what way is an order bill of lading different from a straight bill of lading?
When is a clean/claused bill of lading issued?
When is a clean/claused bill of lading issued?
What is the purpose of an inland bill of lading?
What is the purpose of an inland bill of lading?
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What constitutes a bill of exchange (draft)?
What constitutes a bill of exchange (draft)?
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Who issues the bill of lading?
Who issues the bill of lading?
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Which document is used for intermodal transportation involving different modes of transportation?
Which document is used for intermodal transportation involving different modes of transportation?
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Which document is required by certain countries to determine the eligibility for preferential duty treatment?
Which document is required by certain countries to determine the eligibility for preferential duty treatment?
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Which document itemizes the material in each individual package and indicates the type of package?
Which document itemizes the material in each individual package and indicates the type of package?
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What document is used to transfer accountability when the export item is moved to the port of embarkation and left with the international carrier for export?
What document is used to transfer accountability when the export item is moved to the port of embarkation and left with the international carrier for export?
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Which document provides a detailed summary of the total cargo of a vessel for customs purposes?
Which document provides a detailed summary of the total cargo of a vessel for customs purposes?
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What document may be required by some purchasers and countries to attest to the specifications of the goods shipped?
What document may be required by some purchasers and countries to attest to the specifications of the goods shipped?
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Which document serves as a bill for merchandise from the seller to the buyer?
Which document serves as a bill for merchandise from the seller to the buyer?
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Which document is a provisional invoice sent to the prospective buyer?
Which document is a provisional invoice sent to the prospective buyer?
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What document provides a summary of heavy lifts and their locations for customs purposes?
What document provides a summary of heavy lifts and their locations for customs purposes?
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Which document should be provided when the exporter offers insurance?
Which document should be provided when the exporter offers insurance?
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Study Notes
Air Waybill and Bill of Lading
- An air waybill serves as a receipt for goods and a contract for transportation between a shipper and an airline.
- An order bill of lading is different from a straight bill of lading in that it allows the seller to maintain control of the goods until they reach the buyer.
- A clean bill of lading is issued when the goods are in good condition, while a claused bill of lading is issued when the goods are damaged or defective.
Inland Bill of Lading and Intermodal Transportation
- An inland bill of lading is used for domestic transportation of goods within a country.
- A through bill of lading is used for intermodal transportation involving different modes of transportation.
Bill of Exchange and Document Requirements
- A bill of exchange (draft) is a document that orders the drawee to pay a certain amount to the payee.
- The bill of lading is typically issued by the carrier.
- A commercial invoice is used to determine the eligibility for preferential duty treatment in certain countries.
- A packing list itemizes the material in each individual package and indicates the type of package.
Document Requirements for Export
- A dock receipt or forwarder's cargo receipt is used to transfer accountability when the export item is moved to the port of embarkation and left with the international carrier for export.
- A manifest provides a detailed summary of the total cargo of a vessel for customs purposes.
- A certificate of origin may be required by some purchasers and countries to attest to the specifications of the goods shipped.
- A commercial invoice serves as a bill for merchandise from the seller to the buyer.
- A pro forma invoice is a provisional invoice sent to the prospective buyer.
- A heavy lift list provides a summary of heavy lifts and their locations for customs purposes.
- A insurance certificate should be provided when the exporter offers insurance.
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Description
Test your knowledge of transportation documents with this quiz. It covers topics such as air waybill, bill of exchange, and bill of lading. See how well you understand these important documents used in shipping and logistics.