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.

Decoding International Freight Fuel Surcharges MYC BAF Explained

Decoding International Freight Fuel Surcharges MYC BAF Explained

This article provides an in-depth analysis of fuel surcharges commonly encountered in international freight forwarding. It elaborates on concepts such as MYC and SSC in air freight, and BAF, F.O.S./F.A.F. in sea freight. The article also offers practical strategies for managing fuel surcharges, aiming to help shippers and freight forwarders better understand and control transportation costs. It provides insights into the complexities and fluctuations of these surcharges, empowering stakeholders to make informed decisions and optimize their logistics budgets.

IATA Sets Global Aviation Safety and Industry Standards

IATA Sets Global Aviation Safety and Industry Standards

The International Air Transport Association (IATA), based in Montreal, is responsible for setting aviation standards, promoting market development, communicating and collaborating with airlines, safeguarding industry interests, and enhancing data and training services. It also focuses on environmental protection and sustainable development.

08/04/2025 Airlines
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Bonded Zones Fuel Global Cross-Border E-Commerce Growth

Bonded Zones Fuel Global Cross-Border E-Commerce Growth

This article explores the multiple advantages of cross-border e-commerce companies operating in bonded zones, including 'inland but outside customs' policies, exhibition functionalities, convenient logistics systems, and customs policies. By analyzing these benefits, it emphasizes the significance of bonded zones for cross-border e-commerce enterprises and highlights the necessity of selecting the appropriate bonded zone. With favorable policies in place, the future potential for cross-border e-commerce in bonded zones is immense.

Retrofit Cuts Corsica Linea Ferry Fuel Use by 22

Retrofit Cuts Corsica Linea Ferry Fuel Use by 22

The Faroese Shipping Company partnered with Wärtsilä to implement a retrofit solution on the 'Paskal Pol' which achieved up to 22% fuel savings, advancing the decarbonization process in the shipping industry and helping the company comply with strict carbon regulations. This solution not only saves approximately $7,700 per voyage but also lays the groundwork for a 40% reduction in CO2 emissions by 2030.

08/07/2025 Logistics
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Driving Green Transformation International Postal Enterprises Focus on Sustainable Line Haul Transportation

Driving Green Transformation International Postal Enterprises Focus on Sustainable Line Haul Transportation

At the fourth "Green Postal Day," the International Post Corporation (IPC) highlighted that global postal companies are actively responding to the demand for sustainable delivery services by adopting electric vehicles and renewable energy sources, focusing on carbon reduction and environmental protection. Since 2008, carbon dioxide emissions have been reduced by 34%, with future goals aimed at increasing the proportion of alternative fuel vehicles to support greener trunk transportation.

07/24/2025 Logistics
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