NOTICE OF CHANGE IN STORAGE CHARGES IN CONNECTION WITH WAREHOUSE RECEIPT

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.

Please click here for more information