C.A.F.
Definition
C.A.F. (Currency Adjustment Factor) is a surcharge applied by shipping lines in the freight industry to account for fluctuations in exchange rates between different currencies. The purpose of C.A.F. is to offset the potential impact of currency exchange rate fluctuations on the cost of international shipping. This surcharge helps shipping lines manage the financial risks associated with currency fluctuations and maintain stability in pricing.
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