When bunker costs rise sharply, shippers see the impact on their freight invoice through the Bunker Adjustment Factor (BAF)—a variable surcharge that carriers apply to recover fuel cost volatility from their customers.
Source: https://en.wikipedia.org/wiki/Bunker_(fuel)#Bunker_surcharge
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.