CARM: What all importers need to know about CARM

Terminology

I

Incoterms, International Chamber of Commerce Terms of Sale

Incoterm rules explain a set of three-letter terms reflecting business-to-business practice in contracts for the sale of commercial goods (internationally and domestically). Incoterm rules outline the transfer of tasks, costs and risks in the delivery of goods from seller to buyer. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #15
Modify your shipping habits to expedite your transit times

Can’t wait until you have enough freight to load a full container? Take advantage of consolidated services to lessen the cost, while maintaining a weekly shipping schedule.

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