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Home›Glossary›Customs Duty
Freight & Charges

Customs Duty

"A government tax charged on imported goods."

More terms in Freight & Charges

Ocean Freight
The base transportation cost charged for moving cargo by sea.
Freight Rate
The agreed price for transporting cargo from origin to destination.
All-In Rate
A combined freight price that includes base freight and applicable surcharges.
Surcharge
An additional fee applied on top of the base freight charge.
BAF (Bunker Adjustment Factor)
A surcharge used to adjust freight costs based on fuel price changes.
CAF (Currency Adjustment Factor)
A surcharge applied to account for currency exchange rate fluctuations.
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