Reference no: EM133201292
You are being hired by Best Forwarder Inc, 3456 Airport Road, Mississauga, Ont. L5K 6M8
Your agent in London is London Freight Forwarder Ltd, 123 Main St, London, UK 9H5 1P2
You are going to consolidate the following 2 shipments under master airway bill # 125-12345678 and arrange through British Airway to ship to London Heathrow airport (LHR) from Toronto PIA airport (YYZ).
Shipment#1:
Shipper: Toronto Textiles Ltd, 789 Queens St.W, Toronto, Ont. M5M 5W8
Consignee: UK Clothier Ltd, 321 King St. W. London, UK. 1P5 9K8
Commodity: Men's golf T-shirts
Pieces: 120 cartons
Weight: 5 KG/carton
DIM: 0.5m x 0.4mx 0.3m
Shippment#2
Shipper: Markham Auto Engineering Ltd, 3050 Steels Ave. E, Markham, Ont. 9K6 7L4
Consignee: London Auto Engine Imports Ltd, 345 Edward St, London, UK 5M9 3P4
Commodity: Engine parts
Pieces: 8
Weight: 270 lbs/each piece
DIM: 40" x 36" x 30"
Rates (CAD/kg)
|
Weight range
|
Airline (Buying)
|
Forwarder(selling)
|
|
M
|
65
|
85
|
|
1-100
|
6.15
|
7.15
|
|
101-300
|
5.05
|
6.03
|
|
301-500
|
4.25
|
5.15
|
|
501-1000
|
3.35
|
4.25
|
|
1001-5000
|
2.56
|
3.34
|
|
5001-10000
|
1.95
|
2.38
|
IATA's ratio is 1 KG=6000 cm3 or 1 KG=366 in3
Required:
Please show the steps on how you arrived at your answers including calculations.
1. What is the freight charge the forwarder charges shipper#1?
2. What is the freight charge the forwarder charges shipper#2?
3. What is the total freight charge the airline charges the forwarder?
4. What is the profit for the forwarder?