Shipping Industry Grapples With Rising BAF Fuel Costs

Shipping Industry Grapples With Rising BAF Fuel Costs

BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.

FCL Shipping Gains Efficiency with Drop Delivery Model

FCL Shipping Gains Efficiency with Drop Delivery Model

This article explores the Drop delivery model for FCL (Full Container Load) shipments, emphasizing its flexibility and efficiency during prolonged unloading wait times. By alleviating warehouse pressure and reducing costs, the Drop model offers a viable solution for businesses in modern logistics, helping to enhance overall supply chain management.