A bill of lading, sometimes called a BOL, is a contract between the shipper and freight carrier detailing the terms and directions for the transportation of goods. It also serves as a receipt, stating which goods the carrier accepted from the shipper and describing the nature of the packaging.
The bill of lading includes the shipper's contact information, freight carrier's contact information, receiver's contact information, departure date, arrival date and tracking information. It also contains signatures from the shipper and carrier.
Every freight carrier, including UPS Freight, issues a bill of lading for all freight shipments. People filing insurance claims must also submit the associated bill of lading.