A Bill of Lading is a legal document issued by a carrier to a shipper, acknowledging the receipt of goods for transport. It serves as a contract between the shipper and the carrier, detailing the type, quantity, and destination of the goods being shipped. This document is essential for tracking shipments and ensuring that the goods are delivered to the correct recipient. In addition to being a receipt, the Bill of Lading also acts as a title to the goods, allowing the holder to claim them upon arrival. It can be transferred to others, making it a crucial document in international trade and logistics, involving parties such as shippers, carriers, and consignees.