CARM: What all importers need to know about CARM

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Shipping tips for Chinese New Year

     Port of Shanghai

Operations at the Port of Shanghai (above) and other major Asian shipping hubs will stop during the Chinese New Year.

Chinese New Year 2017 will be observed on the following dates:

  • China:
    January 27, 2017 – February 2, 2017
  • Hong Kong:
    January 27, 2017 – January 31, 2017
  • Taiwan:
    January 27, 2017 – February 1, 2017

If your shipments are coming in from mainland China, we recommend making booking arrangements with your suppliers as early as possible to avoid delays and potential space issues.  In addition, shippers should place their bookings at least 10 days prior to vessel departure time.

Other recommended steps include:

  • Make early arrangements on original bills of lading (telex release or courier of originals) to avoid potential storage issues at destination.
  • Where feasible, arrange express B/Ls or telex release to prevent any stress of late deliveries and storage fees

If you have any questions concerning shipments booked with Universal Logistics and how they may be impacted by the Chinese New Year, please call Debbie McGuire, Manager – Freight Solutions at (905) 882-4880, ext. 308.

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.

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