A key component of the bill of lading is the calculation of demurrage fees.

Question

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The bill of lading primarily acts as a receipt for the goods shipped, a contract between the carrier and the shipper, and a document of title. The calculation of demurrage fees, which are charges for the delay of a ship or freight car or other cargo beyond its scheduled departure, is typically handled separately through contractual agreements or tariffs, not within the bill of lading itself.

A Key Component of the Bill of Lading Is the Calculation