TransportationBAF
BAF (Bunker Adjustment Factor)
Surcharge applied to ocean freight to compensate for fluctuations in vessel fuel (bunker) prices.
Surcharge applied to ocean freight to compensate for fluctuations in vessel fuel (bunker) prices.
BAF is a variable charge carriers apply to the base freight to adjust costs based on current fuel prices. It is updated monthly or quarterly.
Ocean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.
LogisticsShipping Line
A company owning or operating vessels that offers regular maritime cargo transport services on established routes, issuing bills of lading and charging freight.
FinancialLanded Cost
Total cost of merchandise delivered to the importer's warehouse. Includes purchase price, international freight, insurance, duties, DTA, VAT, broker fees, handling, domestic freight, and storage.