The WORLD'S Best Digital Freight Booking Platform
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in the world of ocean freight.
Are you still trying to figure out what the difference between BAF and CAF surcharges is? We’re here to help. Bunker Adjustment Factor (BAF) and Currency Adjustment Factor (CAF) surcharges both affect ocean freight rates, but for two entirely different reasons. What is the Difference Between CAF and BAF? CAF deals with rate adjustments due […]
The Currency Adjustment Factor is a surcharge that carriers charge NVOCCs, freight forwarders or shippers as a way to offset any current or potential changes to currency fluctuations that may change freight rates. In short, they are a way for carriers to hedge their risks against exchange rates. Just like BAF, these surcharges could have […]
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