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2005 Downloadable! This paper shows the first presentation of consumer’s surplus as a definite integral is in Launhardt’s 1885 masterpiece, Mathematische Begrundung Der Volkswirtschaftslehre. In chapter 32, Launhardt applied integral calculus to derive the consumer’s surplus of a decrease in the freight rate for each consumer at a market point and for all consumers in the whole market area. Launhardt’s analysis is typically reproduced in the modern literature on non-spatial and spatial economics without any acknowledgement of Launhardt. Launhardt’s name deserves to be mentioned alongside with Dupuit and Marhall as an early anticipator of many key elements in the theory of consumer’s surplus.

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BERSATU FREIGHT AGENCY SDN BHD TOTAL SOLUTION LOGISTIC PROVIDER: Shipping & Customs Clearance International Freight Forwarding (NVOCC) Warehousing & Distribution Transportation Project Shipments FCL/LCL Door-to-Door services to East Malaysia Air Cargo Services Packing Marine Insurance Other Value Added Services BACKGROUND The company was incorporated on 20th December 1994. Its current paid-up capital is RM1,000,000.00. however, prior to that it was operating as a Partnership business. Today it has branch offices and Agents located in the major towns of Malaysia, including Sabah and Sarawak BERSATU is one of the leading domestic logistics companies in Malaysia. Since 1985 it has been providing comprehensive services to facilitate the complex task of moving all types of cargo to all parts of East Malaysia, including Brunei and Labuan. Its valuable asset developed through years of experience is the mutual trust, goodwill and excellent relationship with the customs and port authorities, as well as hauliers and shipping companies.

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