CURRENCY ADJUSTMENT FACTORS

The manner in which CAF's have been applied to cargo carried by lines appears to be both arbitrary and secretive. This note intends to give some clarification as to how the CAF is calculated and the manner in which it is applied. The operation of the two methods, i.e. the monthly review and the radical review, is merely a device which enables conferences to adjust effective charges so as to leave lines without a loss in real revenue, although minor losses and gains will be inevitable as the operation of the CAFs take time to be implemented. Finally it is hoped to point out the volatile nature of CAF changes impinges upon the uncertainty of lines' costs.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/2899960
• Corporate Authors:

  Taylor & Francis

  4 Park Square, Milton Park
  Abingdon,   United Kingdom  OX14 4RN
• Authors:
  • O'Brien, T R
• Publication Date: 1980

Media Info

• Pagination: p. 127-132
• Serial:
  • Maritime Policy & Management
  • Volume: 7
  • Issue Number: 2
  • Publisher: Taylor & Francis
  • ISSN: 0308-8839
  • EISSN: 1464-5254
  • Serial URL: http://www.tandfonline.com/loi/tmpm20

Subject/Index Terms

• TRT Terms: Currency adjustment factor; Economics; Freight billing; Rates; Shipping; Tariffs
• Old TRIS Terms: Freight surcharges; Shipping economics
• Subject Areas: Economics; Marine Transportation;

Filing Info

• Accession Number: 00323306
• Record Type: Publication
• Files: TRIS
• Created Date: Feb 6 1981 12:00AM