BAF and CAF – What is it?

Abbreviations appearing on the valuation of cargo transport may confuse many importers. These are so-called freight additions, i.e., additional fees charged by forwarding companies to offset various variable costs incurred by them during the transport process. In the case of BAF and CAF, oil price fluctuations and currency fluctuations are compensated. It is worth familiarizing …

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LCL General Cargo

Sea transport is an economical way of exporting and importing goods. When using this type of transport, the forwarder must decide on the type of sea freight: the FCL (Full Container Load) or LCL (Less than Container Load) method. The FCL acronym refers to container transport and means that the entire rented container will be …

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TSA System (Transportation Security Administration)

TSA System (Transportation Security Administration) is an agency founded in the United States after the terrorist attacks of September 11, 2001, responsible for the development and implementation of structures ensuring security regarding national transport systems. It was established under the Aviation and Transportation Security Act, which was adopted by Congress and signed by President George …

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IMO 2020

The IMO International Maritime Organization is introducing an update of regulations regarding fuels used in maritime transport. The changes will apply from January 1, 2020, and will concern the global reduction of sulfur oxide emissions from ships. Consequently, IMO 2020 will significantly affect the freight market. IMO 2020 Regulation The new IMO 2020 standard introduces …

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