BUSINESS
ITT Exercises - Freight Transportation.pdf

X eurolines moves the container from the port of

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x Eurolines moves the container from the Port of Montreal to the Port of Liverpool, on-board the vessel, Noble Venture, Voyage #305E, Dock No. 56. x Crumpets Trucking will deliver the container to Waffles Restaurant, Distribution Centre, 345 Rose Street, Birmingham, U.K.. The U.K. purchasing agent has asked that you quote the U.K. with prices under various conditions. For each scenario below, provide the correct Incoterms ® 2010 rule that is to appear on the invoice. a) Waffles Restaurants will make all transport arrangements and assume risk for the goods once they have been loaded into the container at your factory. b) Waffles Restaurants wishes that you deliver the goods to the Port of Liverpool, however, Waffles Restaurants will assume risk for the goods once they are loaded into the container. c) Waffles Restaurants asks that you deliver the goods to their distribution centre in Birmingham. At this point, Waffles Restaurants will assume risk for the goods, and account for them to U.K. Customs. d) Waffles Restaurants asks that you make the goods available for pick up at your dock, where they will assume risk for the goods and arrange all transportation costs. e) Waffles Restaurants is willing to accept risk for the goods once they are loaded into the container, but they have asked you to deliver the goods to the Port of Liverpool, and insure the cargo as well. f) Waffles Restaurants asks that you deliver the goods to their distribution centre in Birmingham. They would like Crepes Ltee. to account for the goods to U.K. Customs as well.
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Questions Terms of Trade Page | 191 2017 Exercise 6.6 (Question) 1. You have received a call from your client, Pretty Good Tyres, 45 Patrick Street, Dublin, Ireland. They are looking to sell to a potential new client, Gino’s, 567 Maria Grazia Plaza, Milan, Italy. They have ordered a full truckload of various sizes of tires and require your advice to conclude the pricing and complete the commercial invoice. You are to advise your client of what Incoterms ® 2010 to use for each scenario. Routing instructions: x Euro Trans Transport Ltee. delivers the trailer from the warehouse to a TIR Terminal for haulage via intermodal transportation x EU Rail moves the trailer from the sorting yard in Dublin, Ireland, to the Milan rail yard, Italy x Cinzano Trucking will deliver the trail er to Gino’s distribution centre located in the Milan Industrial Park, Milan, Italy and return the empty trailer thereafter. a) Gino’s will make all transport arrangements and assume risk for the goods and pay for all transportation arrangements once they have been loaded into the trailer at Pretty Good Tyres’ loading dock. b) Gino’s wants the goods delivered to their distribution centre in Milan and not have to deal with customs issues.
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  • Fall '18
  • Jane Smith
  • freight forwarder, Commercial item transport and distribution, CIFFA, Ocean Transportation Intermediary

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