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In liner shipping it assumes a triple identity: property title, cargo receipt and carriage contract.
Under this type of carriage, the bill of lading assumes two main tasks, as cargo receipt and property title.
Forwarder's Cargo Receipt.
The Forwarder's Cargo Receipt provides validation that a vendor has delivered the specified cargo and all related documents to the designated receiver.
"The logs said the Bombay was attacked by six Tholian cruisers, and your cargo receipt says you transferred wreckage from Tholian hulls into the salvage bay."
Prominent American bankers recently informed me that half of their commercial letters of credit provided for payment not against ocean bills of lading, but against freight forwarders' cargo receipts.
This building, known as the Hillary Field Centre, provides an area for cargo receipt and issue, general and refrigerated storages, offices, gym, briefing and training rooms, and field equipment maintenance among many other uses.