The video discusses the logistics involved some of fedex service offering. Fedex ship FOB destination because the seller pays the freight. If there is damage to a domestic freight shipment, fedex will provide up to $50 per pound insurance on new items or .50 cent per pound on used item up to 100,000. Is the shipment of new items discussed in problem 1 fully covered? Will you need to buy additional coverage? Why or why not?

To determine if the shipment of new items discussed in problem 1 is fully covered by FedEx, we need to examine the insurance coverage provided by FedEx for domestic freight shipments.

According to the information provided, FedEx provides up to $50 per pound insurance for new items. It is not mentioned what the weight of the shipment is, so we'll assume it is not known. However, regardless of the weight, it is stated that the insurance coverage is up to $100,000.

To determine if the shipment is fully covered, we need to compare the value of the new items being shipped to the insurance coverage provided. If the value of the new items is less than or equal to $100,000, then the shipment is fully covered.

If the value of the new items exceeds $100,000, then additional coverage may need to be purchased. This is because the insurance coverage provided by FedEx is limited to $100,000 for domestic freight shipments. In such cases, it would be advisable to contact FedEx or a shipping insurance provider to inquire about purchasing additional coverage to ensure full protection for the entire value of the shipment.

Therefore, without knowing the specific value of the new items being shipped, it is not possible to determine if the shipment discussed in problem 1 is fully covered or if additional coverage is needed.