A freight bill on the other hand is not legal document for use in court or other legal proceedings. A freight bill is more like an invoice; it’s a document where you have the information about the shipment, items being shipped and such. These are more a checks and balances audits and accuracy.
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In regards to a bill of lading, there are some exceptions. Basically these are the terms and conditions that release the carrier from liability in the event of damage or loss due to:
- Things considered as “acts of God”
- Caused by war or terrorism
- Legal actions of law enforcement
- If the shipper defaults or has an issue.
- There is not a proper route to get the items delivered
- Manufacturer related defective merchandise
- Unforeseen strikes or riots
Source: www.jus.hol.es
Keep in mind, there are various requirements on just how long different documents, invoices and POD’s must be kept. This is dependent on the agency that oversees those particular items. But a couple of the agencies you may want to check with are the Department of Transportation (DOT), the Internal Revenue Service (IRS), and the Department of Labor (DOL). You also want to check with the regulatory agencies of your particular state. It is better to keep the documents and not need them than to discard them and then be asked to produce them.