Washington Warehousing and Distribution Agreement between Warehouseman and Depositor

State:
Multi-State
Control #:
US-0078BG
Format:
Word; 
Rich Text
Instant download

Description

A contract warehouse handles the shipping, receiving and storage of goods on a contract basis. This type of warehouse usually requires a client to commit to services for a particular period of time. The length of time varies, often stated in years rather than months. The fee structure also varies based on transactions; it may be a fixed cost, cost-plus or a combination of both.
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  • Preview Warehousing and Distribution Agreement between Warehouseman and Depositor
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FAQ

The main benefit of Contract warehousing is its lower costs. Often the two parties come to a fixed agreement regarding the payment and stick to it until the end of the agreement. Depending on a contract warehouse reduces the expenses when compared to managing your warehouse.

A warehousing agreement for the storage of goods for a business customer. A professional warehousing provider agrees to store the customer's goods on a long-term or regular basis. The agreement is drafted to be broadly neutral between the parties.

What is a Storage Agreement? A storage agreement is an agreement between the storer of the goods, known as the warehouseman, and the party storing the items, known as the depositor. The storage space can be a garage, barn, land, or storage unit.

Contract warehousing is an arrangement in which a partner warehouse agrees to receive, store and ship goods for a client. The contract dictates the terms of service and length of the agreement. The time-frame can vary from months to years and the fee structure can be fixed cost, costs-plus or a combination of the two.

Operating Costs: Contract warehouses provide similar characteristics to private warehouses but at lower costs. Private warehouses require significant capital inputs for development and maintenance, whereas contract warehouses maintained by third parties offer more cost-effective solutions.

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Washington Warehousing and Distribution Agreement between Warehouseman and Depositor