Shipping's Share in Foreign Trade; Fundamentals of Ocean Transportation
Shipping's Share in Foreign Trade; Fundamentals of Ocean Transportation
Guaranty Trust Company of New York
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Non-negotiable copies will also be needed by the shipper, the carrier, and the consignee for filing, and by foreign consuls to meet the provisions of law. Export Bill of Lading. — ^This is used in cases where the exporter at an inland point wishes to bill his goods from point of shipment to foreign point of receipt, port or interior. By obtaining a through bill of lading from a railroad he obviates the necessity of securing a railway bill of lading to the export port and then an ocean bill of l...ading to the foreign port of receipt. The export bill of lading constitutes a triple contract, cover- ing: (1) — Shipment by rail or water to port of export; (2) — Shipment by sea; (3) — Shipment from foreign port of entry to inland destination. Parcel Receipt. — Issued by ocean carriers to expedite transportion of small packages, most conmaonly samples, although general merchan- dise is so shipped on occasions. The value, weight, and dimensions of the goods carried are restricted. Parcel shipments are Resigned to avoid the high rates that would have to be paid for small lots of goods under the minimum freight Digitized by Google charge usually stipulated in ocean bills of lading, and under which nothing less than a ton rate or a specified amount would be accepted, no matter how small the consignment.
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