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.

09/26/2025 Logistics Encyclopedia
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Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Bunker Adjustment Factor (BAF) is closely linked to international crude oil prices. Brent Crude is a global benchmark, and OPEC production cuts and Iranian sanctions are key factors driving prices up. Businesses should closely monitor crude oil market dynamics, optimize shipping routes, lock in freight rates, and diversify risks to effectively control logistics costs. By understanding these factors and implementing proactive strategies, companies can mitigate the impact of fluctuating fuel prices on their supply chains and maintain profitability.

11/03/2025 Logistics Encyclopedia
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Global Air Freight Fuel Surcharges Calculation and Cost Strategies

Global Air Freight Fuel Surcharges Calculation and Cost Strategies

This article provides an in-depth analysis of the calculation methods and fluctuation mechanisms of international air fuel surcharges. It reveals the two mainstream models based on chargeable weight and a percentage of the base freight rate, as well as the impact of oil price fluctuations on rates. Furthermore, it offers practical advice on inquiry strategies, capacity planning, and carrier selection to help companies optimize cost control and improve profit margins in international trade. The aim is to provide actionable insights for managing and mitigating the effects of air fuel surcharges.

01/15/2026 Logistics Encyclopedia
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Air Freight Costs Surge During Peak Season Shippers Seek Solutions

Air Freight Costs Surge During Peak Season Shippers Seek Solutions

International air freight prices are influenced by factors such as supply and demand, fuel costs, cargo characteristics, and route policies. Peak season surcharges are an inevitable result of supply-demand imbalances. This article delves into the key factors affecting air freight prices, reveals the core logic and patterns of peak season surcharges, and provides practical cost control suggestions such as off-peak shipping and locking in long-term freight rates to help you effectively reduce costs during peak season air freight.

01/15/2026 Logistics Encyclopedia
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Air Freight Pricing Explained Allin Vs Plusplus Costs

Air Freight Pricing Explained Allin Vs Plusplus Costs

This article delves into the differences between "All In Price" and "++ Price" in air freight quotations. It provides a detailed explanation of the composition and calculation methods for fuel surcharges, security surcharges, and handling fees. Furthermore, it offers practical inquiry techniques to assist cargo owners in making informed decisions and effectively reducing air freight costs. The aim is to empower shippers to understand pricing structures and negotiate better rates, ultimately leading to significant cost savings on air shipments.

09/26/2025 Logistics Encyclopedia
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MSC Ship Pumba Contains Fire in Red Sea

MSC Ship Pumba Contains Fire in Red Sea

On the evening of the 29th, the MSC cargo ship 'Pumba' caught fire while sailing in the Red Sea. Thanks to the swift response of relevant Egyptian authorities, the fire was brought under control, preventing any casualties. The affected vessel has been safely towed to an anchorage, ensuring order in the surrounding maritime area.

07/31/2025 Logistics
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Baltimore Port Opens Temporary Channel to Ease Cargo Backlog After Bridge Collapse

Baltimore Port Opens Temporary Channel to Ease Cargo Backlog After Bridge Collapse

The collapse of the Baltimore bridge has triggered a supply chain crisis at the port. While a temporary channel offers some relief, extensive debris removal, underwater surveys, and dredging operations are underway. The port closure impacts the transportation of automobiles, agricultural products, and other goods, requiring businesses to adapt. The reconstruction presents both challenges and opportunities, potentially leading to port upgrades and modernization. The focus remains on restoring full operational capacity and mitigating further disruptions to the global supply chain.

11/03/2025 Logistics
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Free IATA Aviation Medicine Manual Aids Inflight Emergencies

Free IATA Aviation Medicine Manual Aids Inflight Emergencies

The free 'IATA Aviation Medicine Manual' published by the International Air Transport Association (IATA) serves as a practical guide for aviation professionals. It covers various aspects including medical service development, media response, disease management, crisis handling, and staff training. The manual aims to enhance airlines' medical response capabilities, ensuring the health and safety of passengers and crew members. It is updated regularly to ensure the information is current and relevant.

12/30/2025 Airlines
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WCO Highlights Customs Key Role in Pandemic Preparedness

WCO Highlights Customs Key Role in Pandemic Preparedness

The WCO's COVID-19 project aims to enhance customs' capacity to respond to emergencies and ensure supply chain security. Key aspects include international cooperation and technological innovation. The project focuses on strengthening customs' preparedness, facilitating the flow of essential goods, and mitigating disruptions to global trade. By fostering collaboration and leveraging innovative technologies, the WCO seeks to build more resilient and secure supply chains in the face of future crises. This initiative underscores the importance of customs in safeguarding global trade and protecting public health during times of uncertainty.

12/30/2025 Customs Knowledge
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