Waybill
Also known as: Air Waybill, AWB, Sea Waybill
Definition
A waybill is a shipping document that travels with freight, containing essential information about the shipment including origin, destination, contents, and routing. Unlike a bill of lading, it’s not a document of title.
Waybill vs. Bill of Lading
| Waybill | Bill of Lading |
|---|---|
| Not negotiable | Can be negotiable |
| Not a title document | Document of title |
| Simpler processing | More complex handling |
| Faster release at destination | May require original document |
Types of Waybills
Air Waybill (AWB)
- Used for air cargo
- Issued by airlines or freight forwarders
- Contains 11-digit tracking number
Sea Waybill
- Ocean freight without title transfer
- Faster cargo release
- Used when payment is secure
House Waybill
- Issued by freight forwarder
- Consolidates multiple shipments
- Links to master waybill
Key Waybill Information
- Shipper and consignee details
- Origin and destination
- Cargo description and weight
- Handling instructions
- Declared value
- Charges and payment terms
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