Question
You are the Air Export Coordinator for Speed Global Services Inc. (Frt. Forwarder), 4521 Dundas Street, Mississauga. You have the following 3 shipments to be
You are the Air Export Coordinator for Speed Global Services Inc. (Frt. Forwarder), 4521 Dundas Street, Mississauga. You have the following 3 shipments to be consolidated to Rome, Italy. 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. |
1) Shipper#1: Fine Wines Inc., Niagara Falls ON. (4 Marks)
Consignee: Sparozzo Food Distribution, Venice, Italy.
Freight:50 Cartons Weight.10.6 Kgs/carton
Dimensions: 34x10x10 cm
Commodity: Ice Wine
Actual Gross Weight: _________________________
Volume Weight:______________________________________
Chargeable Weight:______________________
Freight Amount:_______________________________
2) Shipper #2: Beauty Apparel Inc., Brampton (4 Marks)
Consignee: Apparels Are Us. Co, Rome Italy.
Freight: 10 Cartons-Weight :15kgs/box,
Dimensions:.37.8 x 32.1 x 25.2.
Commodity: Hand Bags
Actual Gross Weight: _________________________
Volume Weight:______________________________________
Chargeable weight :__________________________
Freight Amount:_________________________________
3) Shipper: Mauros Auto Supply.Ltd, Markham (4 Marks)
Consignee: Frankuloss Auto Distribution, Milan, Italy.
Freight:10 Crates-Weight:136.8Kgs/crate
Dimension:48 x 48 x 28
Commodity: Auto Parts
Actual Gross Weight: __________________________
Volume Weight: ______________________________________
Chargeable weight: _________________________
FreightAmount: ____________________________
| Consolidation (6 Marks) | ||||||
| Items | No of Pieces | Actual Gross Weight | Volume Weight | Chargeable Weight | Total Money to be Collected | Freight Payable LH |
| Shipment 1 |
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| Shipment 2 |
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| Shipment 3 |
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| Total |
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Profit made = Freight Collected/To be collected(A) Freight payable to the carrier(B) = ________________=________ (1 Mark)
Profit share of each party = _________________________________________________________________________ (1 Mark)
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Handbook Of Energy Audits
Authors: Prentice-Hall
1st Edition
0881731285, 978-0881731286
