CARM: What all importers need to know about CARM

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Route Article

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.  The contract will cover all shipments that are within the scope of the insurance.  Premiums are debited monthly or quarterly.

An individual Certificate or Policy is an insurance contract for a particular shipment, and is put in place on a per shipment basis.

Quick Tip #26
When airfreight is faster and cheaper

Ocean freight is not always the cheapest option, especially when smaller shipments attract minimum charges that add up quickly.

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