The Purpose and Importance of a Bill of Lading

The Custom Companies, Inc pic

The Custom Companies, Inc
Image: customco.com

Perry Mandera, a successful executive with more than four decades of experience in the transportation industry, handles sales operations and business development at The Custom Companies, Inc. To ensure his customers receive high-quality services with ease, Perry Mandera and his company offer several online features, such as an electronic bill of lading.

Also known as a BoL or B/L, a bill of lading is an important part of the shipping chain. Most BoL documents serve three main purposes: evidence of a contract of carriage, a receipt of goods, and a document title to the goods.

Since BoLs are a contract of carriage, they are legally significant. They can be used in various litigation concerns regarding shipping, and they ensure carriers process cargo in accordance with a seller’s parameters. When a BoL is filled out incorrectly, carriers may be open to criminal prosecution.

As a receipt of goods, BoLs prove to sellers that a carrier has received the cargo being shipped. The document also proves that the cargo was received in good condition. This can be important if buyers receive damaged products, because sellers can determine whether the issue was with the manufacturing or the carrier.

Finally, BoLs grant holders the title to the goods transported. With an accurate BoL, holders are allowed to transfer the rights to claim and transport the cargo to another party. In some cases, this power may be helpful in negotiations. Carriers can retain the BoL until they have been paid in full for their services, or they may transfer rights to a third party during transit to ensure smooth delivery.

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Illinois Trucking Association Seeks Lower Taxes for Trucks

 

Lower Taxes pic

Lower Taxes
Image: iltrucking.org

With more than three decades of experience in the transportation industry, Perry Mandera is the founder of The Custom Companies, Inc., in Northlake, Illinois. Perry Mandera, a board member for the Illinois Trucking Association (ITA), was named one of the top 100 American transportation executives of the millennium.

The Illinois Trucking Association has long been politically active in lobbying for bills that benefit the transportation industry. For instance, the ITA recently announced its support of Illinois Senate Bill 662, which would repeal the Commercial Distribution Fee. The fee is essentially a 14.35 percent sales tax on truck license plates.

The license plate sales tax affects commercial vehicles from 8,001 to 80,000 pounds. The ITA estimates that the tax costs the commercial transportation industry an additional $50 million per year. In addition to the added cost, the irganizationn supports repeal of the tax because the revenue funnels into the state’s general fund and is not earmarked for transportation-related issues such as roads or even the state police.

Mercy Home for Boys and Girls Teaches Sustainability With Gardening

 

Mercy Home for Boys & Girls pic

Mercy Home for Boys & Girls
Image: mercyhome.org

Chicago-area businessman Perry Mandera owns and operates the freight transportation business The Custom Companies, Inc. Through his business foundation, Perry Mandera gives to numerous charities, including the Mercy Home for Boys & Girls.

Together with volunteers from AkzoNobel, a paint company, the Mercy Home for Boys & Girls recently promoted sustainability initiatives through a gardening project at its Hay Campus. The volunteers and Mercy Home workers and residents joined together to rejuvenate the garden with the planting of vegetables and flowers.

Helping a community reduce its carbon footprint and move toward greater self-sufficiency is an important goal of the project, said Alison Kalantzis, AkzoNobel’s North American Communications Coordinator. In addition, the gardening project, named Green Thumbs for a Greener World, helps educate the young residents of Mercy Home about the value of social responsibility and sustainable practices. Often, these initiatives are focused on children from more affluent backgrounds, but Mercy Home is helping to spread the sustainability message further, said Kalantzis.

Advantages of Shipping with the American Logistics Group

 

American Logistics Group  pic

American Logistics Group
Image: alg.us.com

Founder of The Custom Companies, Inc., Perry Mandera remains committed to offering the best transportation and logistics operations to customers nationwide. In addition to developing and enhancing his own business, Perry Mandera sits on the Board of Directors of American Logistics Group, a federally regulated freight broker company founded in 2006.

Affiliated with the Intermodal Association of North America, the Transportation Intermediaries Association, the Transport and Logistics Council, and BlueBook, American Logistics Group provides freight solutions and technological offerings that include custom-designed software to keep track of all freight and cargo movements.

With more than 5,500 carriers in its network, the organization can deal with partial loads, full truckloads, expedited loads, and heavy haul loads at competitive prices. Dedicated first and foremost to reducing transportation costs, the American Logistics Group remembers each customer is unique, and strives to keep its database up-to-date with the best possible options for each scenario.

Through its proprietary software, customers can gather quotes from selected carriers and see each price, helping to choose the cheapest, swiftest options.