 Bill Of Lading, Consolidator's NVOCC's Or Forwarder's
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Bill Of Lading, Consolidator's NVOCC's Or Forwarder's
A bill of lading issued by a freight consolidator (also called an NVOCC) or freight forwarder to a shipper as a receipt for merchandise that will be consolidated with cargo obtained from other exporters and shipped to the forwarder's agent at the port of destination. Forwarder's bills are not acceptable under L/Cs unless specifically authorized in the credit.
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