minimum bill of lading

Definition of "minimum bill of lading"
  1. A clause in a Bill of Lading specifying the lowest fee that the carrier will impose for issuing lading, which can be a fixed amount or the standard fee per ton for a specific quantity
How to use "minimum bill of lading" in a sentence
  1. In the shipping agreement, the minimum bill of lading clause outlined the smallest fee they would pay for lading issuance.
  2. The cargo company revised the minimum bill of lading to improve profitability.
  3. The minimum bill of lading was adjusted to reflect the standardized fee per ton.

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