Bunker Adjustment Factor in Ocean Freight
What Is the Bunker Adjustment Factor (BAF) in Ocean Freight? You get a quote for a 40-foot container. The base rate looks fine. Then the invoice shows a line called BAF, and the total is higher than you planned. That line is the bunker adjustment factor. It is the fuel surcharge that ocean carriers add […]
What Is a Bill of Lading? A Complete Guide to BOL in Shipping
If you’ve ever shipped freight internationally or even received a pallet from a domestic trucking company you’ve dealt with a bill of lading, whether you realized it or not. It’s one of those documents that sits quietly in the background of global trade, doing three jobs at once: proof of a contract, a receipt for […]