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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Trucking Conditions Improve Slightly As Fuel Costs Decline

Trucking Conditions Improve Slightly As Fuel Costs Decline

The FTR Trucking Conditions Index for August, while still negative, showed improvement compared to the previous two months, primarily driven by lower diesel prices. However, the index remains in contraction territory, suggesting that weak demand may offset the positive impact of reduced fuel costs. Freight companies should maintain cautious optimism and be prepared to navigate market uncertainties. The slight rebound offers a glimmer of hope, but sustained recovery hinges on broader economic factors and demand stabilization.

01/16/2026 Logistics Industry Insights
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Logistics Firms Adapt to Fuel Price Volatility Challenges

Logistics Firms Adapt to Fuel Price Volatility Challenges

Global supply chains face multiple challenges including shifting demand, environmental regulations, and fluctuating fuel prices. Logistics companies need to adopt strategies such as diversified transportation, technological innovation, and risk management to navigate uncertainty and achieve sustainable development. This requires a proactive approach to identify opportunities amidst volatility and adapt to the evolving landscape. Focusing on efficiency and resilience is crucial for long-term success in the face of these ongoing pressures.

01/15/2026 Logistics
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Airlines Use Hedging to Mitigate Fuel Price Risks

Airlines Use Hedging to Mitigate Fuel Price Risks

Airline fuel hedging is a crucial strategy for managing oil price volatility and stabilizing profits. Airlines utilize financial instruments like futures, options, and swaps to lock in fuel costs and mitigate risk. IATA official courses provide expertise and skills to help professionals develop effective hedging policies, thereby enhancing airline competitiveness and profitability. These courses cover various hedging strategies, risk assessment, and regulatory compliance, empowering participants to make informed decisions and optimize fuel cost management within the aviation industry.

01/20/2026 Logistics Industry Insights
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Falling Fuel Prices May Boost Trucking Industry Recovery

Falling Fuel Prices May Boost Trucking Industry Recovery

The FTR Trucking Conditions Index (TCI) is a comprehensive indicator reflecting the health of the US trucking market. Recent data shows a slight rebound in the TCI, primarily driven by declining fuel costs. However, the overall market continues to face challenges. Carriers and shippers should closely monitor the TCI, in conjunction with other information sources, to develop sound business strategies and navigate market fluctuations. The index provides valuable insights into the current state and potential future trends within the freight industry.

01/21/2026 Logistics Industry Insights
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OAG Report Highlights Push for Sustainable Aviation Growth

OAG Report Highlights Push for Sustainable Aviation Growth

OAG's 'Green Travel World Report' reveals the importance of sustainability to the air travel industry. It analyzes the challenges and opportunities facing airlines, airports, and OTAs, offering actionable guidance. The report emphasizes the crucial roles of Sustainable Aviation Fuel (SAF), emerging technologies, and information transparency in building a green travel future. It calls for industry-wide collaboration to achieve sustainable development within the aviation sector, highlighting the need for collective effort and innovative solutions to minimize environmental impact and promote responsible travel practices.

12/29/2025 Logistics Industry Insights
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Aviation Industry Faces Slow Recovery Amid Economic Challenges

Aviation Industry Faces Slow Recovery Amid Economic Challenges

The global air transport industry is gradually recovering after the impact of the pandemic, facing challenges such as passenger traffic losses, cargo resilience, regional recovery disparities, and geopolitical influences impacting fuel costs. Moving forward, the industry needs to address these challenges, seize opportunities, and achieve sustainable development. The recovery is uneven across different regions, with some areas experiencing faster growth than others. The industry must adapt to these regional differences and tailor its strategies accordingly to ensure a balanced and sustainable recovery.

01/16/2026 Logistics Industry Insights
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Aviation Groups Partner to Improve Flight Emission Transparency

Aviation Groups Partner to Improve Flight Emission Transparency

IATA is collaborating with Travalyst to provide travelers with a unified and accurate flight carbon emission calculation methodology, addressing 'carbon anxiety'. This initiative leverages data sharing, methodological alignment, and the inclusion of Sustainable Aviation Fuel (SAF) to enhance consumer awareness, foster industry innovation, and inform policy development. The partnership aims to build a sustainable future for the aviation industry by providing transparent and consistent information to passengers, enabling them to make informed travel choices and supporting the industry's decarbonization efforts.

01/19/2026 Logistics Industry Insights
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Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air France-KLM Group is actively promoting a green transition in the post-pandemic era, facing the challenge of balancing passenger volume recovery with emission reduction pressures. The group is committed to reducing carbon emissions through investments in new aircraft and procurement of Sustainable Aviation Fuel (SAF). Simultaneously, it calls for public sector support to establish a level playing field and jointly promote the sustainable development of the aviation industry. This collaborative approach is crucial for achieving significant progress in reducing the environmental impact of air travel.

01/05/2026 Logistics Industry Insights
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Slow SAF Growth Risks Airline Climate Targets

Slow SAF Growth Risks Airline Climate Targets

IATA reports that the growth of Sustainable Aviation Fuel (SAF) is slowing down, primarily due to insufficient policy support. Counterproductive mandates in the EU and UK may force airlines to reassess their SAF usage targets. Experts recommend establishing long-term policy frameworks, providing incentives, streamlining approvals, and supporting technological innovation to promote SAF development and help the aviation industry achieve its decarbonization goals. Stronger policy backing is crucial to overcome current obstacles and accelerate the adoption of SAF, ensuring a sustainable future for air travel.

01/15/2026 Logistics Industry Insights
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