Question
Please show steps Your company decides to buy glassware from Poland on EXW terms. Your freight forwarder Sam quotes you transport prices of: Forwarding fee
Please show steps
- Your company decides to buy glassware from Poland on EXW terms. Your freight forwarder Sam quotes you transport prices of:
Forwarding fee Euros 25 per shipment
Precarriage Poland-Port of Hamburg Euros 1250 per container
Ocean freight Hamburg-terminal Chicago $2800 per container
Bunker Fuel $280 per container
ISF security fee $50 per container
Delivery charges $425 per container
Inland fuel surcharge 25% of delivery cost
If one Euro is worth $1.25 at the time of shipment, what is the transportation cost for one container?
Suppose the EU announces a new stimulus plan, and the Euro rises against the dollar as investors sell dollars and buy Euros. The new exchange rate is one Euro = $1.40 dollars. What will be the updated transport cost?
Given that your companys buying terms are EXW, what other costs should you plan for when budgeting the importation?
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