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The freight derivatives market for dry cargo vessels saw a big increase in traded volumes in 2021. Dry forward freight agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in the dry market hit an all-time high of 409,255, up 25% on the previous year.
The FIATA International Federation of Freight Forwarders Associations is a non-governmental organisation representing freight forwarders worldwide. According to the FIATA Annual Report 2021, FIATA counted 109 Associations Members representing the freight forwarding industry within a territory and 5959 Individual members, representing freight forwarding and logistics companies.
The forwarder freight rates are usually maintained in multiple spreadsheets and usually each forwarder has a different freight rate format to the customer. An organization is daunted with the task of calculating the freight rates manually and this task can be challenging when the customer has hundreds of shipments shipped each month. Most ...
A currency adjustment factor (CAF) is a fee placed on top of freighting charges for carrier companies developed to account for constantly changing exchange rates between the dollar and other currencies. Its goal is to offset any losses from fluctuating exchange rates for carriers. [1] Calculation basis and methodology may vary from carrier to ...
The Canadian International Freight Forwarders Association (CIFFA) was established in 1948 to support and protect the character, status, and interest of foreign freight forwarders by establishing uniform trade practice and regulations. [19]
Furniture retailer American Freight will close its 328 stores as parent company, Franchise Group Inc., goes bankrupt. 'Everything on sale': American Freight closing all Michigan stores. What we know
Founded in 1966 as the Association of Hong Kong Air Freight Forwarding Agents (AHAFA), in 1986, AHAFA became Hong Kong's sole ordinary member of the International Federation of Freight Forwarders Associations . [1] Since then, the Association's responsibilities have increasingly included all modes of transport: air, sea and land.
Uganda Freight Forwarders Association This page was last edited on 19 June 2018, at 10:14 (UTC). Text is available under the Creative Commons Attribution ...