Guide to Key International Shipping Surcharges THC BAF CAF

Guide to Key International Shipping Surcharges THC BAF CAF

This article provides an in-depth analysis of common surcharges in international ocean freight, focusing on three key fees: THC (Terminal Handling Charge), BAF (Bunker Adjustment Factor), and CAF (Currency Adjustment Factor). It examines the characteristics of these surcharges and offers strategies for dealing with them. The aim is to help cargo owners better understand the composition of ocean freight costs and effectively control transportation expenses. Understanding these surcharges is crucial for accurate budgeting and cost management in international trade.

01/29/2026 Logistics Encyclopedia
Read More
Option Expiries Drive Eurousd and USDJPY Moves on Jan 12

Option Expiries Drive Eurousd and USDJPY Moves on Jan 12

This article provides an in-depth analysis of the impact of EUR/USD and USD/JPY options expiring on January 12th, New York time, on exchange rates. EUR/USD options may exacerbate the downward trend, while USD/JPY options may limit upward potential. The article explains the option expiration mechanism and offers trading strategies to help you seize market opportunities. It explores how these expirations could influence currency pair movements and provides insights for traders looking to navigate the market during this period.

01/28/2026 Exchange Rate Query
Read More
World Cup Boosts Economies Beyond Soccer Study Shows

World Cup Boosts Economies Beyond Soccer Study Shows

The World Cup is not just a football feast, but also a competition of economic strength among nations. This article analyzes the potential performance of participating countries' currencies in the foreign exchange market, emphasizing the importance of the forex market as an economic barometer. It reminds investors to view exchange rate fluctuations rationally and seize investment opportunities. The World Cup can influence currency values, making it crucial to understand the economic factors at play and approach forex trading with caution and informed strategies.

01/28/2026 Exchange Rate Query
Read More
US Delays Tariffs Launches Trade Review on China Canada Mexico

US Delays Tariffs Launches Trade Review on China Canada Mexico

Early in its term, the Trump administration paused the implementation of new tariffs, opting instead to initiate a review of trade relations with China, Canada, and Mexico. The review focused on trade deficits, unfair trade practices, and currency issues, with potential utilization of Section 232 and Section 301 provisions. Furthermore, the implementation of the USMCA and the U.S.-China trade agreement would be assessed. This move suggested a more cautious and strategic approach to trade policy adjustments by the Trump administration.

01/29/2026 Customs Knowledge
Read More
Chinas Customs Delays Stall Goods Amid Tight Inspections

Chinas Customs Delays Stall Goods Amid Tight Inspections

Freight forwarder Zhang Yong posted a help request on the Jiyun Baodian forum regarding a "Customs released, but three inspections not released" issue, drawing industry attention. The article analyzes the different responsibilities of customs and the three inspections (usually referring to commodity inspection, sanitary inspection, and plant quarantine), and the possible reasons for this discrepancy. It emphasizes that freight forwarding companies need to strictly control the quality of goods, understand relevant laws and regulations, and improve customs clearance efficiency to avoid such situations. This ensures smoother and faster import/export processes.

08/23/2025 Customs Knowledge
Read More
Global Freight Forwarding Key Focus on Bills of Lading and Inspections

Global Freight Forwarding Key Focus on Bills of Lading and Inspections

This article provides an in-depth analysis of key considerations for Bill of Lading operations in international freight forwarding, covering critical elements such as Bill of Lading types, consignee information, and accurate cargo descriptions. It also details the concept, purpose, and content of import and export commodity inspection. The aim is to assist freight forwarding professionals in mitigating risks, ensuring trade security, and enhancing their professional service capabilities. By understanding these aspects, practitioners can navigate the complexities of international trade more effectively and provide superior service to their clients.

09/26/2025 Customs Knowledge
Read More
Coscos New Route Boosts Chinalatin America Trade

Coscos New Route Boosts Chinalatin America Trade

COSCO SHIPPING Lines launched the WSA5 route, connecting Asia and the west coast of South America. With the Port of Chancay in Peru as its hub, it covers key ports in multiple countries. This route shortens transit times, expands coverage, and optimizes services, promoting the growth of China-Latin America trade, optimizing commodity structure, and improving supply chain efficiency. It represents a crucial step in the construction of the New Asia-Latin America Land-Sea Trade Corridor, contributing to building a strong trading nation and a strong shipping nation.

11/03/2025 Logistics
Read More
Malawi Boosts Customs Efficiency with Japanbacked HS Code Training

Malawi Boosts Customs Efficiency with Japanbacked HS Code Training

Sponsored by Japan Customs and organized by the World Customs Organization, a national HS workshop was held in Malawi to enhance the commodity classification skills of Malawian customs officers. The aim was to improve tax revenue efficiency and promote international trade development. The workshop focused on core HS principles and practical operations, emphasizing the importance of capacity building for a sound tax system and exploring the strategic significance of improving HS coding capabilities. This initiative underscores the commitment to strengthening customs operations through targeted training and international collaboration.

12/30/2025 Customs Knowledge
Read More
Ecuador Customs Lab Upgraded With WCO Support

Ecuador Customs Lab Upgraded With WCO Support

The World Customs Organization held a workshop in Ecuador to support the modernization of its customs laboratory and enhance its capabilities in commodity classification, tax collection, and combating smuggling. The meeting focused on topics such as the application of the Harmonized System, analytical methodologies, database applications, and green customs. The workshop highlighted the crucial role of a modern customs laboratory in improving customs clearance efficiency, increasing tax revenue, protecting the environment, and promoting international trade. It underscored the importance of investing in laboratory infrastructure and training for sustainable development.

12/30/2025 Customs Knowledge
Read More
LA Port Tariffs Spark Trucking Industry Crisis

LA Port Tariffs Spark Trucking Industry Crisis

The Port of Los Angeles has experienced a significant drop in throughput due to tariff policies, leading to a severe business downturn for truck drivers. Both year-over-year and month-over-month throughput have declined, with an increase in canceled sailings. Retailers' restocking strategies have proven ineffective. The trade war is increasing uncertainty, potentially affecting holiday season commodity prices and supply. The article urges businesses to diversify trading partners, optimize supply chain management, and strengthen international cooperation. This situation highlights the vulnerability of the port and its related industries to global trade tensions.

01/06/2026 Logistics Industry Insights
Read More