CARM: What all importers need to know about CARM

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

Route Article

Terminology Explained

    
  Is this grounds for the
declaration of Force Majeure?
   

Force Majeure – Service providers declare “Force Majeure” (the French phrase for “superior force”) when extraordinary circumstances make it materially impossible to fulfill contract obligations.  For example, a bill of lading or contract of carriage for ocean transportation will typically include a clause that allows the carrier to declare Force Majeure when an extraordinary event prevents the delivery of the cargo to the specified location.

Examples of extraordinary circumstances include, but are not limited to, events such as wars, strikes, riots, crime and acts of God.  Notable events of Force Majeure being declared by ocean carriers were Hurricanes Sandy and Katrina and Japan’s tsunami.  Legal actions can still be advanced against carriers for negligence or failing to perform under conditions that are ordinary or expected, such as a forecasted storm. 

  Global Spotlight Quiz
   
     Global Spotlight
   

Global Spotlight Quiz

Quick Tip #24
Are you using the latest Incoterms?

Make sure your contracts of sale include the appropriate trade term in conjunction with the words “Incoterms 2010”, which came into effect January 2011.

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