ABC Forwarding Co., Inc.
Typical Import Rates- Air Shipments
- Pick Up : € 0.18 per kilo/ volume
- Export Customs : € 35.00 per shipment
- Export Documentation : € 25.00 per shipment
- Export Handling : € 0.10 per kilo/ volume
- Insurance : ( Invoice Value x $ 0.005), Minimum : $ 40.00
- Air freight :
Minimum : $ 70 per shipment
Less than 100 kilos : $ 1.60 per kilo
Over 100 kilos : $ 1.50 per kilo
Over 500 kilos : $ 1.45 per kilo
Over 1,000 kilos : $ 1.40 per kilo
- Export AMS : € 8.00 per shipment.
- Fuel Surcharge : $ 0.30 per kilo/ volume
- Security Surcharge : $ 0.15 per kilo/ volume
- Destination Documents Charge : $ 65.00
- Breakbulk Charge : $ 0.10 per kilo.
- US customs entry/ clearance : $ 100.00
- US Customs Bond : $4.50 per $ 1,000.00; Minimum : $ 45.00
- Delivery to your warehouse : $ 0.08 per pound.
You received a shipment of 1,043 kilos and an invoice for $ 3,664.48.
How can you tell whether the invoice respects the rates offered ?
( Hint: You were certainly overcharged. But, this rating scheme is so convoluted that you decide to pay the invoice rather than trying to figure out the correct amount. They won- you lost.)