negotiable bill of lading

This difficulty cannot be overcome by a stipulation that the receipt message and the private key together are the equivalent of a paper based negotiable bill of lading.

The dualism (document and non-document of title) of the Pomerene straight bill of lading poses serious problems in jurisdictions where the concept of a document of title is synonymous with negotiable bill of lading.

In this sense, a common carrier's 'straight' or non-negotiable bill of lading is a document of title under United States law, especially since title to the goods (although not as full fledged a title as with a negotiable bill of lading) is acquired upon the transfer of a straight bill.