TRANSPORTATION
CONTENT
- Documents Used in Transportation
- Terms Used in the Transport Industry
- Functions of Ports Authority and Airports Authority
Documents Used in Transportation
(i) Bill of lading: This is a document that gives the holder the right to acquire possession of goods that have been shipped. This is a contract between the exporter and the shipping company, stating the terms under which the goods are to be exported. It shows the name of the vessel, the port of destination and the rate of freight. When the goods are loaded into the ship they are checked for any damage or defects. If the goods are free from any defect, a clean bill of lading would be issued but if the goods are damaged, a dirty or foul bill of lading indicating the damaged is issued.
(ii) Certificate of insurance: Is a document which shows that the goods have been insured against risks or loss by the exporter.
(iii) Airway bill or air consignment note: Airway bill is a contract document issued by an airline (or its agent) for the transportation of goods from a specified airport to another.
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ClassHall Instructor
Halima Ahmadu