CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

Terminology

L

LVS, Low-Value Shipment Program

A Canada Customs program to speed up the release process for commercial imports by approved carriers valued at less than $3,300.00 CAD. Note: The LVS threshold was increased from $2,500.00 CAD to $3,300.00 CAD on July 1st, 2020 (when NAFTA was replaced by CUSMA/USMCA/T-MEC).

Quick Tip #37
Recognize that additional costs in today’s market place may not be avoidable

Incorporate an "allowance" for various surcharges when establishing your costing.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics