• Storage and Handling Rate Changes for Kodiak Warehouse, LLC

      • From
      • Registrar's Office
      • #
      • MKR11-01-17C
      • Notice Date
      • 01 November 2017
      • Effective Date
      • 01 February 2018
    • DATE:              November 1, 2017

      MKR#:             11-1-17C

      SUBJECT:      Storage and Handling Rate Changes for Kodiak Warehouse, LLC

       

      Kodiak Warehouse, LLC, a COMEX Warehouse for the storage and delivery of aluminum deliverable against the Exchange’s Aluminum contract, will implement new rates in connection with the storage and withdrawal of aluminum at its facility located in Toledo, OH. The new rates, presented below, reflect the maximum amount of fees that can be charged.

      In accordance with Exchange rules, the new rate schedule will become effective on February 1, 2018.

      New Storage Rates

      RATES AND CHARGES FOR ALUMINUM AT TOLEDO, OH

      Handling Inbound per metric ton (truck and rail)

      $5.00

      Handling Inbound per metric ton (barge)

      $9.20

      Storage – Indoor per metric ton per month

      $10.50

      Storage – Outdoor per metric ton per month

      $7.00

      Forklift and driver rental per hour

      $75.00

      Facility Receipt (Issue)

      $12.00

      Facility Receipt (Replacement)

      $50.00

      Bill of Lading

      $8.00

      Blocking and Bracing per truck/rail plus dunnage cost-additional requirements imposed may incur additional fees

      $125.00

      Outbound Handling per metric ton (truck and rail)

      $39.00

      Warehouse labor per hour

      $50.00

      Overtime rates are 1.5 times regular hourly rate

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of February 5, 2018 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

      Please refer questions of this subject to:

      Market Surveillance

      Terry Gehring                            Terry.Gehring@cmegroup.com                           (312) 435-3644