CARM: What all importers need to know about CARM

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Terminology

F

FOB

Free On Board: Under FOB Incoterms, the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment, cleared for export. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #59
Know what information is required under ACI

Under the Advance Commercial Information (ACI) initiative, the following information must be transmitted electronically to the Canada Border Services Agency (CBSA) prior to shipment arrival:

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