2024-08-29
BAF
BAF - Bunker Adjustment Factor: A surcharge levied on shipping freight rates to account for fluctuations in the cost of bunker fuel.
A system that automatically adjusts the vehicle speed to maintain a safe distance from the vehicle ahead.
T/TX/LTX - Telegraphic Transfer Express/Local Transfer Express: Variations of telegraphic transfer, often indicating fas
CHB - Customs House Broker: A professional who assists importers and exporters in clearing goods through customs.
IFA - Institute Frozen Food Agreement: An agreement that sets standards for the transportation and handling of frozen fo