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An electronic bill of lading (or eB/L) is the legal and functional equivalent of a paper bill of lading. [27] An electronic bill of lading must replicate the core functions of a paper bill of lading, [28] namely its functions as a receipt, as evidence of or containing the contract of carriage and as a document of title. [citation needed]
The Standard Carrier Alpha Code, a two-to-four letter identification, is used by the transportation industry to identify freight carriers in computer systems and shipping documents such as Bill of Lading, Freight Bill, Packing List, and Purchase Order.
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It is the parent company of Orient Overseas Container Line (OOCL), one of the world's largest container shipping companies. [3] History. Orient Overseas.
Old Dominion Freight Line, Inc. (ODFL) is an American regional, inter-regional and national less than truckload shipping (LTL) company. In addition to its core LTL services, the company offers expedited, logistics and household moving services.
In general, a bill of lading serves as a legal instrument focusing on and documenting such issues as ownership, whereas a cargo manifest is often more concerned with physical aspects of the cargo, such as weight and size. When the cargo is being shipped by several different shipping companies on the same vessel, there will usually be separate ...
OOCL is a large integrated international container transportation, logistics and terminal company [2] with offices in 70 countries. OOCL has 59 vessels of different classes, with capacity varying from 2,992 twenty-foot equivalent units (TEU) to 21,413 TEU, including two ice-class vessels for extreme weather conditions.
In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion. [20] [21] In 2021, COSCO became one of the first global shipping companies to utilize the blockchain-enabled efficiency improvement application Cargo Release. [22] Cosco has a terminal at Abu Dhabis new Khalifa Port.