Glossary B

Back Haul 

(a) Traffic moving in direction of light flow when a carrier's traffic on a route is heavier in one direction than the other.

(b) To haul a shipment back over a part of a route it has traveled.

Balloon Freight

Light, bulky cargo

Billed Weight

The weight shown in a freight bill.

Bill of Lading (B/L)

The written transportation contract between shipper and carrier (or their agents).  It identifies the freight, who is to receive it and the place of delivery and gives the terms of the agreement.  All goods going to a receiver at one destination in a single shipment or on one truck must be on a single bill of lading.

The straight bill of lading

Provides that freight be delivered to the receiver shown on the bill.  It is non-negotiable.  Surrender of this type of bill of lading is not required except when it is necessary for the receiver to identify himself. 

The order bill of lading

Is negotiable.  Its purpose is to enable a shipper to collect for the shipment before it reaches its destination.  The shipper sends an original bill of lading and a draft for the charges through a bank.  The receiver pays the carrier's agent the amount of the draft and then can receive the good.  With this method, the shipper customarily consigns the shipment to himself.  The person or company to be notified at destination is specified.  The shipment may be released to the receiver only upon the order of the shipper.  The order bill of lading must be surrendered with delivery of the freight.  Always printed on yellow paper.  Either straight or order bills of lading may be designated as through.  A through bill of lading covers shipment by more than one transportation company at a fixed rate for the entire service.

Bills of Lading Act

A 1917 Act of Congress pertaining to the preparation and negotiability of bills of lading.

Bona Fide

In good faith; authentic, genuine, without deceit or fraud 

Bonded Warehouse

A warehouse approved by the Treasury Department.  Under bond or grantee for the strict observance of the revenue laws, they are utilized for storing goods to assure payment of all duties and customs levies.

Bond of Indemnity

A promise in writing to a carrier relieving it from liability for which it would otherwise be liable.

Brokerage License  

Authority granted by Surface Transportation Board to persons to engage in the business of arranging for motor vehicle transportation of persons or property in interstate commerce.

Bulk Freight

Freight not in packages or containers