Waybill

What is Waybill?

A waybill is an essential document in the world of logistics. It serves as a detailed description of the goods that are being transported as part of a common carrier freight shipment. This document contains crucial information such as the origin and destination of the goods, the consignee (the person or company receiving the goods) and consignor (the person or company sending the goods), and the amount charged for the shipment.

The waybill is a vital tool for both the carrier and the parties involved in the shipment. Copies of the waybill travel with the goods and are retained by the originating and delivering agents. This ensures that all parties have access to the necessary information throughout the transportation process.

One of the primary purposes of the waybill is to provide internal record-keeping and control for the carrier. It allows them to track and monitor the movement of the goods during transit. By having a detailed description of the goods and their intended destination, the carrier can ensure that the shipment is delivered to the correct location and to the right consignee.

It is important to note that a waybill is not a transportation contract. While it contains essential information about the shipment, it does not establish the terms and conditions of the transportation agreement between the carrier and the shipper. Instead, it serves as a supporting document that complements the transportation contract.

In summary, a waybill is a document that plays a crucial role in the logistics industry. It provides a detailed description of the goods being transported, including their origin, destination, consignee/consignor, and the amount charged. It is used by the carrier for internal record-keeping and control during transit. By understanding the purpose and significance of a waybill, beginners in logistics can gain a better understanding of the documentation involved in the transportation of goods.