Bunker Adjustment Factor (BAF) Explained: What It Is, How It’s Calculated, and How to Challenge It
You just received a freight quote and one of the line items reads “BAF, £145 per TEU.” You have no idea what it means, whether it is correct, or whether you can push back on it. This article explains exactly what BAF is, how shipping lines calculate it, what typical charges look like by trade […]