CARM: What all importers need to know about CARM

Route Article

Merger leads to creation of new Chinese shipping giant

     Container ship

Two major Chinese shipping companies, China Ocean Shipping (Group) Company (Cosco) and China Shipping Container Lines Co., Ltd. (CSCL), are merging to form what will be one of the world’s top shipping giants.

Operating under the name China Cosco Shipping Corp., the merger will create the world’s fourth-largest container line, after CMA CGM (No. 3), Mediterranean Shipping Co. (No. 2), and Maersk Line as the largest.

For more information, contact David Lychek, Manager – Ocean & Air Services.

Quick Tip #51
The link between insurance premiums and risk

There are many factors which affect the pricing of your insurance premium, but all revolve around the risk involved. For example, the longer the transit time, the more time available for something negative to happen.

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 70 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