{"@context":"https://schema.org","@type":"DefinedTerm","name":"Currency Adjustment Factor (CAF)","description":"When freight rates are fixed in one currency while the carrier's operating costs run in another, exchange-rate exposure follows – the Currency Adjustment Factor (CAF) is the contractual mechanism that passes this risk to the shipper. Calculated as a percentage surcharge on the base freight rate, the CAF is typically recalculated monthly using current market exchange rates and is most prevalent in ocean freight. If the euro strengthens against the US dollar, for instance, a USD-invoicing carrier ","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/currency-adjustment-factor-caf","inLanguage":"en","dateModified":"2026-06-26T14:55:41.239592","citation":"https://www.freightos.com/resources/glossary/currency-adjustment-surcharge","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/currency-adjustment-factor-caf","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Currency Adjustment Factor (CAF) · When freight rates are fixed in one currency while the carrier's operating costs run in another, exchange-rate exposure follows – the Currency Adjustment Factor (CAF) is the contractual mechanism that passes this risk to the shipper. · Quelle: https://www.freightos.com/resources/glossary/currency-adjustment-surcharge"}