Problem: A freight forwarder has a weekly consolidated service Mumbai-Marseille, with direct costs as follows:
Ocean freight: US 1250.00/40-ft standard container
Container loading in Mumbai: US $10.00 per revenue ton.
Marseille unloading: € 10.00 per revenue ton.
Exchange rate is € 1.00 = US $1.06
From past experience, the marketing department has determined that they need to load 40 m3 of cargo into a 40-ft standard container to break even and be able to sell to their customers an all-inclusive rate of US $50.00 per revenue ton.
Based on the above shipment details, answer the following scenario: Last week they loaded 50 m3, 22000 kg in their consolidation. What was their total revenue for this consolidation?