Dear Customer, January 26, 2018
Effective April 20, 2018, Empire Merchants, LLC will change the fees associated with storage under a warehouse receipt. As required under your current warehouse receipt, we are giving you 60 days’ notice of these changes. Empire’s rates for storage have not changed since 2012 and are a direct result of the increased cost of doing business in the Metro NY area.
These revised fees are as follows:
- Storage charges will be billed at 65¢ per case per month based on the ending inventory in Storage on the 20th day of every month. The new rate will be assessed starting on April 20th.
- The initial storage fee will be increased to 65¢ per case, assessed when goods are initially put into Storage. This new rate will be effective for goods placed into storage on or after April 20, 2018.