You are the Air Export Coordinator for Jordens Freight Inc. (Frt. Forwarder),896 Matheson Blvd , Mississauga. You
Question:
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.
(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:Ellesmere Eng.Ltd, Markham (4 Marks)
Consignee:Mathias Rust & Partners, Dortmund, Germany.
Freight:3 Crates – Weight.187.3 Kgs/Crate
Dimensions:48”x40”x42”
Commodity:Building Models
Actual Gross Weight: _________________________
Volume Weight:______________________________________
Chargeable Weight:______________________
Freight Amount:_______________________________
2) Shipper #2:Canadian Snow Equipments, Milton (4 Marks)
Consignee:Deutschland North Trg. Co,Munich,Germany.
Freight:4 Wooden Boxes-Weight :94.6kgs/box,
Dimensions:.43” x 52” x 24”.
Commodity:Snow Gear
Actual Gross Weight: _________________________
Volume Weight:______________________________________
Chargeable weight :__________________________
Freight Amount:_________________________________
3) Shipper:Maple Exports Ltd, Mississauga. (4 Marks)
Consignee:Angela Import Gmbh, Frankfurt, Germany.
Freight:5 Crates – Weight.146.8 Kgs/crate,
Dimensions: 122.5 x 115.5 x 92.3 cm
Commodity:Artwork
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 | ||||||
Shipment 2 | ||||||
Shipment 3 | ||||||
Total | ||||||
Profit made = Freight Collected/To be collected(A) –
Freight payable to the carrier(B) =
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