Rail Waybill is a transport document for rail freight that serves as evidence of the contract of carriage. It includes shipment details, routing information, and handling instructions but, unlike a bill of lading, is not a document of title.
Key benefits of Rail Waybill:
- It outlines the terms under which the goods are being transported by rail.
- It confirms that the carrier has received the goods for transportation.
- Typically, it does not allow ownership transfer during transit.