Waybill what is

In maritime logistics, the waybill is also sometimes known as the bill of lading, a document that has been used among freight carriers and shippers for hundreds of years. The waybill is usually attached to the exterior of the package. Couriers, customs officials, and even machines refer to it to easily identify and track the package.

With the rise of e-commerce, the waybill has become an even more important component of the package. A unique tracking number on the waybill allows the item to be tracked in real time.

We provide specialized logistics services for the following industries: aerospace, automotive , construction, consumer goods, cosmetics and personal care, food and beverage , industrial products , medical products, textiles, and more. What is the difference between a Bill of Lading and a Sea waybill? Bills of Lading and Sea Waybills: what you need to know about basic ocean cargo documentation Bills of Lading and Sea Waybills are the two main documents used in the transport of goods by sea, both domestic and abroad.

It is a negotiable instrument accepted by banking institutions. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. An air waybill AWB is a document that accompanies goods shipped by an international air courier to provide detailed information about the shipment and allow it to be tracked.

The bill has multiple copies so that each party involved in the shipment can document it. An air waybill AWB , also known as an air consignment note, is a type of bill of lading. However, an AWB serves a similar function to ocean bills of lading, but an AWB is issued in non-negotiable form, meaning there's less protection with an AWB versus bills of lading.

An air waybill AWB serves as a receipt of goods by an airline the carrier , as well as a contract of carriage between the shipper and the carrier. The AWB becomes an enforceable contract when the shipper or shipper's agent and carrier or carrier's agent both sign the document.

The airway bill will also contain the shipper's name and address, consignee's name and address, three-letter origin airport code, three letter destination airport code, declared shipment value for customs, number of pieces, gross weight, a description of the goods, and any special instructions e. An AWB also contains the conditions of the contract that describe the carrier's terms and conditions, such as its liability limits and claims procedures, a description of the goods, and applicable charges.

AWBs are unlike other bills of lading, in that they are non-negotiable instruments, meaning that it does not specify on which flight the shipment will be sent, or when it will reach its destination.

Export and Compliance. Air Waybill AWB. Related Terms Original Bill of Lading.