FedEx notified US shippers of the impact on imports as Canada Border Services Agency (CBSA) enters into the next phase of their Canada Assessment and Revenue Management (CARM) initiative. The CARM initiative will change how commercial goods are imported to Canada for both resident and non-resident importers.
In May 2021, CBSA entered into the next phase of CARM, Release 1 (RLS 1), where the CARM Client Portal (CCP) was launched for all commercial importers. The CCP now allows shippers to self-serve and manage customs transactions directly with the Canadian government. For example, collecting duties and taxes can now be done through the new portal.
The second phase of CARM, Release 2 (RLS 2), is scheduled for Spring 2022. Sign up for the CCP platform and make sure your business is ready when all CARM requirements become mandatory in RLS 2. Learn more about CARM.
The Reveel App uses AI and machine learning to provide an unparalleled look into what’s impacting your bottom line. Through invoice audits, peer benchmarking, and rate modeling/simulations, you can see the health of your operation and assess pricing changes from parcel carriers like FedEx and UPS. Sign up for a free Reveel account today to see how you can leverage automation to synthesize your data, ship more for less, and reduce the time needed to identify issues and action items.