Question

Problem 2: The video discusses the logistics involved in some of Fedex's service offerings. Fedex ships FOB destination because the seller pays the
freight. If there is a damage to domestic freight shipment fedex will provide up to $50.00 per pound insurance on new items or $.50 per pound
insurance on used items up to $100,000.000. Is the shipment of new items discussed in problem 1 fully covered? Will you need to buy additional
coverage? Why or why not? I got yes it is fully coveraged and no you do not beed to buy additional coverage because the coverage cost is $337,550
and you hav

Answer 1

Problem 2: The video discusses the logistics involved in some of Fedex's service offerings. Fedex ships FOB destination because the seller pays the
freight. If there is a damage to domestic freight shipment fedex will provide up to $50.00 per pound insurance on new items or $.50 per pound
insurance on used items up to $100,000.000. Is the shipment of new items discussed in problem 1 fully covered? Will you need to buy additional
coverage? Why or why not? I got yes it is fully coveraged and no you do not beed to buy additional coverage because the coverage cost is $337,550
and you have up to $100,00.00 coverage. Im not sure if this is correct or incorrect.



Problem 1:
The video discusses the requirements of a package to qualify as freight. A package must weigh at least 151 pounds. It must be palletized, stackable,
forklift- friendly and shrink- wrapped or banded for stability. The uniform cargo footprint can be no larger than 16 square feet and no taller than 70
inches with a maximum weight for a standard freight package of 2,200 pounds. If you are shipping 6,751 pounds of stackable 8 foot square items
with a value of $33,150, does your shipment qualify as freight? If so, how many freight packages would you need? Calculate the actual pounds for
each freight package.