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Air freight consolidation exercise (20 Marks) You are the Air Export Coordinator for Jordens Freight Inc. (Frt. Forwarder),896 Matheson Blvd , Mississauga. You have the

Air freight consolidation exercise (20 Marks) You are the Air Export Coordinator for Jordens Freight Inc. (Frt. Forwarder),896 Matheson Blvd , Mississauga. You have the following 3 shipments to be consolidated to Frankfurt Germany. Work out the profit or loss made from this consol. assuming a profit split of 50/50 between origin & destination agent. IATA units of measurements conversion: 1kg=6,000 cm3 1kg=366 in3 (Rate payable by customer) Airfreight Selling Rate in US$ (Rate Payable to the carrier) Airfreight Buying Rate in US$. (LH) Minimum Charge: $75.00 Minimum Charge $50.00 -45 kgs. $8.00/kg. -45 kgs $7.00/kg. +45 kgs $6.00/kg +45kgs $5.00/kg. +100kgs $4.50/kg. +100 kgs. $3.80/kg +250kgs. $4.00/kg. +250 kgs. $3.40/kg +500kgs $3.25/kg. +500 kgs. $2.75/kg. +1000kgs. $2.85/kg. + 1000 kgs. $2.25/kg.

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