Waybill
A non-negotiable shipping document that serves as a receipt of goods and outlines the terms of the transportation contract.
Definition
A non-negotiable shipping document that serves as a receipt of goods and outlines the terms of the transportation contract. Unlike a Bill of Lading a waybill is not a document of title and does not need to be surrendered to release the cargo. Waybills are commonly used in air and road freight where fast cargo release is necessary
Related Terms
Warehouse Receipt
A document issued by a warehouse operator confirming the storage of goods.
Warehousing
The process of storing goods in a designated facility until they are ready for distribution or sale.
Weight Break
A threshold weight at which shipping rates change.
Weight Certificate
An official document that verifies the weight of a shipment.
Wharf
A structure built along a shoreline or riverbank where vessels can dock to load or unload cargo.
Wharfage
A fee charged for the use of a wharf pier or dock for loading or unloading cargo.
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