CARM: What all importers need to know about CARM

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Stay on schedule by staying informed

As a client of Universal Logistics, you will always be among the first to learn about key events that could influence the shipping of your imports or exports.

That’s because we issue Email Alerts! whenever something important happens.  It could be a terrorist act on a major trade lane, extreme weather, a labour dispute, a trade sanction or a natural disaster, such as SARS, Mad Cow Disease, Ebola.

Make sure you read our alerts as soon as possible because you never know when an alert contains information that impacts your business.  Learn even more by taking a moment to read this monthly newsletter and other key sources of industry information, such as private sector and government magazines and websites.  

Remember you always have the option of calling your Client Care rep, who is available to answer questions and, in some situations, may be your very best source of market intelligence.

   
     Nicole West
 

Nicole West

Quick Tip #14
Don’t just insure the value of the goods

When insuring your freight, you are fully entitled to value your goods at a price above the base cost. Valuation of goods may include all freight charges, related costs, plus 10% (or more) to cover the administrative burden of processing a claim and to cover the insured’s profit. Since duty is still payable on damaged goods, make sure you insure the amount of duty as well.

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