CARM: What all importers need to know about CARM

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Two ways to control the cost of your freight shipments

Looking for new ways to reduce your shipping costs?  Start by ensuring you are not wasting money by carrying weight that can be removed.  Then make sure your shipping cartons are not bigger than they need to be.

Look for every possible saving, but never do anything that weakens the carton to the point where it could no longer carry your goods safely.  That would be a penny-wise, pound foolish mistake.

Suzi Hudak, Team Leader – Export Services Cleveland

Suzi Hudak, Team Leader – Export Services Cleveland

Quick Tip #14
Don’t just insure the value of the goods

When insuring your freight, you are fully entitled to value your goods at a price above the base cost. Valuation of goods may include all freight charges, related costs, plus 10% (or more) to cover the administrative burden of processing a claim and to cover the insured’s profit. Since duty is still payable on damaged goods, make sure you insure the amount of duty as well.

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