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While both freight brokers and freight forwarders arrange for the transportation of goods, there is a key difference between the two. Freight brokers act as intermediaries between shippers and carriers, while freight forwarders take on the shipping responsibilities themselves, acting as the carrier and assuming responsibility for the shipment.
A bill of lading is a legal document that serves as a receipt for goods shipped by a carrier. It includes details about the shipment, such as the type and quantity of goods being shipped, the names and addresses of the shipper and receiver, and the terms of the shipment. It is important because it serves as a contract between the shipper and the carrier, and can be used as evidence of ownership in case of disputes or claims.
A freight claim is a legal demand for payment or reimbursement for loss or damage to goods during transportation. It is typically filed by the shipper or receiver of the goods, and can be made against the carrier, the freight broker, or the insurance company covering the shipment.
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