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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]
In the UK, the Electronic Trade Documents Act, 2023, has entered into force on 20 September 2023; [32] In Germany, a regulation implementing existing provisions on electronic bills of lading, warehouse receipts and other transferable documents has been drafted; the regulation implements core MLETR provisions; [33]
Although it provides information similar to the Bill of lading, its function is very different. While the Bill of lading is meant to accompany a load on its path, the goal of the ASN is to provide information to the destination's receiving operations well in advance of the delivery. This tends to impact the logistics stream in three areas: cost ...
s.1: The CoGSA 1992 now applies to: bills of lading, sea waybills, and ship's delivery orders. A bill of lading must be negotiable, and includes a "received for shipment" bill. s.1 also empowers the minister to make regulatory provision (by way of a statutory instrument) in respect of electronic transactions and electronic bills of lading.
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.
Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders, advance ship notices, and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements.