// ROBOTICS AND SMART FACTORIES TERM
Bill of Lading
A Bill of Lading (BOL) is a legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of goods being shipped. It serves as a contract of carriage and a receipt for the goods.
TECHNICAL DEFINITION
A Bill of Lading (BOL) is a legally binding document issued by a carrier to a shipper, serving as a contract of carriage, a receipt for goods, and a document of title, specifying the goods, quantity, destination, and terms of transportation.
BACKGROUND
A specialized set of jargon used within — or to describe the tools, equipment, types of employment, people and organizations involved in — the trucking industry in the United States.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- BOL
- shipping bill
- waybill
- freight bill
USAGE NOTE
The Bill of Lading is a critical document for international trade and freight insurance claims.
DEVELOPERS
Organizations developing technology related to Bill of Lading.
A digital supply chain platform, jointly developed by Maersk and IBM, that uses blockchain technology to enable transparent and secure sharing of shipping events and documents, including electronic Bills of Lading (eBLs).
A leading enabler of paperless trade, providing the CargoDocs platform for creating and managing original electronic Bills of Lading and other trade documents, facilitating faster and more secure trade finance and logistics operations.
A company offering a decentralized, blockchain-based platform for the secure electronic transfer of trade documents, specializing in Bills of Lading. Their solution aims to mirror the traditional paper process digitally, reducing costs, fraud, and delays.
A pioneer in digital trade documentation, Bolero provides a cloud-based platform for securely exchanging electronic trade documents between all parties, including shippers, carriers, and banks. Their solution includes a legally binding electronic Bill of Lading.
A global leader in logistics and supply chain management software. Descartes provides a suite of solutions that help automate the entire shipment lifecycle, including the generation and management of electronic Bills of Lading within their transportation management and global trade intelligence platforms.
Through its Logistics Business Network and S/4HANA for transportation management, SAP develops enterprise software that integrates the creation, transmission, and tracking of shipping documents like the Bill of Lading directly into core manufacturing and supply chain processes.
A supply chain visibility platform that connects shippers and logistics service providers. It ingests and standardizes data from various sources, including carrier documents like Bills of Lading, to provide real-time tracking, predictive ETAs, and automation of logistics workflows.
Provider of the Infor Nexus network, a cloud-based platform for multi-enterprise supply chain orchestration. It digitizes trade and logistics processes, including the management and collaboration around Bills of Lading and other key shipping documents for global manufacturers and retailers.