Shipping Terms Glossary: Master Bill of Lading (MBL)
Common Shipping Terms: Master Bill of Lading (MBL)
A bill of lading issued by the carrier to a freight forwarder as a receipt of goods. This bill will show the origin freight forwarder as the consignor and the destination forwarder as the consignee.
A master bill allows the transfer of ownership of goods from the origin freight forwarder to the destination forwarder.
