We consider distance labeling schemes for trees: given a tree with $n$ nodes, label the nodes with binary strings such that, given the labels of any two nodes, one can determine, by looking only at the labels, the distance in the tree between the two nodes. A lower bound by Gavoille et. al. (J. Alg. 2004) and an upper bound by Peleg (J. Graph Theory 2000) establish that labels must use $Θ(\log^2 n)$ bits\footnote{Throughout this paper we use $\log$ for $\log_2$.}. Gavoille et. al. (ESA 2001) show that for very small approximate stretch, labels use $Θ(\log n \log \log n)$ bits. Several other papers investigate various variants such as, for example, small distances in trees (Alstrup et. al., SODA'03). We improve the known upper and lower bounds of exact distance labeling by showing that $\frac{1}{4} \log^2 n$ bits are needed and that $\frac{1}{2} \log^2 n$ bits are sufficient. We also give ($1+ε$)-stretch labeling schemes using $Θ(\log n)$ bits for constant $ε>0$. ($1+ε$)-stretch labeling schemes with polylogarithmic label size have previously been established for doubling dimension graphs by Talwar (STOC 2004). In addition, we present matching upper and lower bounds for distance labeling for caterpillars, showing that labels must have size $2\log n - Θ(\log\log n)$. For simple paths with $k$ nodes and edge weights in $[1,n]$, we show that labels must have size $\frac{k-1}{k}\log n+Θ(\log k)$.