CARM: What all importers need to know about CARM

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

Terminology

C

CARM, CBSA Assessment and Revenue Management

CARM is a large, multi-year project to transform how the CBSA assesses, collects, manages and reports on import revenue and trade information. It will replace aging, and non-integrated revenue and cash management systems. CARM is being implemented in phases with Release 1 in effect on May 25, 2021, allowing importers to register in the CARM portal and view their Statement of Account.  Release 2, with mandatory importer registration and financial security requirements, is scheduled for May 2024.

Learn more

Quick Tip #60
Freight charges by mode

Each mode of transport is different, with a different “rule” on how to determine the cost of moving freight under each.

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