Buyer Manipulation through Bill of Landing
Without the official and original Bill of Lading transferred from the seller to the buyer, the buyer can’t take possession of the goods. The suppliers have a lot of leverage when they control the B/L. If your relationship turns sour, the supplier can manipulate the situation and use this leverage to extract additional payments from you.
Warning:
Think this couldn’t happen to you? Think again! Do a keyword search on our website by clicking this link, and you will be shocked at how endemic this problem is!
Think this couldn’t happen to you? Think again! Do a keyword search on our website by clicking this link, and you will be shocked at how endemic this problem is!
If you have encountered such an episode, if a supplier has blackmailed you with the bill of landing, it’s time to let other buyers know about it, by adding your detailed story to the Supplier Blacklist! Please note; if you are not already a registered user on SBL, you will be asked to register before posting content to our website.
What can buyers do to be safe? Any suggestions?