Total Transportation Solutions Inc

Your High-Value Products Specialists

Storage Terms

Inventory Control Method: FEFO

Acronym for First Expires, First Out. The item with the lowest expiration date is shipped first.

Inventory Control Method: LEFO

Acronym for Last Expires, First Out. The item with the highest expiration date is shipped first.

Inventory Control Method: NONE

No inventory control method applies. Items are randomly picked.

Billing Method: Square Footage Used

Rated based on the peak square footage used during the period.

Billing Method: Reserved Square Footage

Rated based on the square footage reserved whether used or not.

Billing Method: Per Item

Rated based upon the item characteristics: dimensions, weight, and handling requirements.

Each item would be rated separately.

Requires the Customer Piece Catalogue to contain rating details.

Billing Method: Per Hundrew Weight (CWT)

Rated based per hundred weight, usually per 100 pounds.

Billing Method: Per Skid Spot

The number of skid spots used (applies to rackable items only) during the period.

An item may take up to two skid spots.

Billing Method: Daily Rate per Item

A rate per day per item. Used for items that may come in and out of the warehouse multiple times in a period.

For example: motorcycles that are stored over the winter season but may be taken out during good weather.

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