The surrender of the original straight bill of lading, properly endorsed, is required by transportation lines upon delivery of the freight, in accordance with the terms of the bill of lading. A bill of lading (bol) is a legal agreement serving as a contract between the shipper and the carrier. We've curated a list of standard heavy equipment shipped and have made blank bill of lading template downloads available. This document also serves as a receipt of shipment for the delivered goods to a specified destination. A bill of lading is a legally binding document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried.