B / BAF
BAF is the abbreviation for Bunker Adjustment Factor. The maritime fuel surcharge. A carrier may apply a bunker adjustment factor to its freight rate to cover upward fluctuations in bunker costs.
Fuel prices fluctuate quite a bit, so shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" for fluctuations in global bunker prices.
Depending on the trade route and agreements between the carrier and the shipper/BCO, BAF may be charged separately or included in the freight charge.
There is no set formula for success for BAF; its success depends entirely on what happens with oil prices.
Unlock the Benefits of FreightMango
Instant Quotes
Don't wait days or weeks. Get quotes instantly and compare offers in real time to find the best rate for you.
Book Online
Sort out your shipping online with a few clicks.
Document Management
Manage your shipping documents online, 24/7. Communicate and collaborate with internal and external stakeholders all in one place.
Track and Trace
Track your shipments 24/7 and provide accurate estimated delivery times.
Stay Consistent
Keep your shipping consistent and meet your delivery commitments by managing everything in FreightMango.
Sounds Good.
Start by searching a quote
-
LCL
LESS THAN CONTAINER LOAD (LCL)
Select this option If you are shipping a small amount of cargo that will not fill a whole container. Other shipments moving to the same destination will be placed along with yours in the same container.
-
FCL
FULL CONTAINER LOAD (FCL)
Select this option if you are shipping a large amount of cargo that will require a full container to be occupied. You may also choose this if you do not want your cargo to be combined with any other shipments.
-
SHIP BY TRUCK
Ship by truck is the method of transporting goods exclusively by land using trucks, often chosen for cost-efficiency and shorter distances.
From where to pick up?
To where to drop off?
How are you shipping?
When are you shipping?