CARM: What all importers need to know about CARM

Terminology

B

B/L, Bill of Lading

A written document issued by a common carrier, acknowledging the receipt of the goods named and setting forth the terms of the contract of carriage. When in original form, it is negotiable.

Quick Tip #48
Know what type of insurance is available – and what’s best for your business

An open policy is typically for companies that have a regular frequency of goods in transit.

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