Contracts
and Buying Information
Spot
and Futures
Spot
means the coffee is free and clear and can be shipped immediately.
As
you know, many coffees are not always available on the spot. To
assure supply, booking futures is the way to go. It is not uncommon
to have arrivals booked six to twelve months forward.
Contracts
A
sales contract will be issued for orders greater than 100 bags and
for forward deliveries. Invoices will serve as contracts for smaller
orders. All transactions incorporate the provisions, terms and
conditions of the applicable Coffee Contract (Spot, Ex-Dock,
Ex-Warehouse, FOB etc.) of the Pacific Coast Coffee Association,
including all rulings and by laws in effect on the date hereof.
Minimum
Purchase
Our
minimum purchase is one pallet or 10 bags (the 10 bags can be a
mixture).
Invoices
On
the day the coffee becomes spot we will invoice it. If you receive an
invoice your coffee is available and can be shipped anytime upon
request. Please remember, billing is from date of AVAILABILITY, not
shipment or delivery to you.
A finance charge of 1% per month will
be applied to all delinquent accounts.
New
Customers
New
customers are sold on a net cash basis - specifically, payment by
cashier's check or wire transfer in advance of shipment. After you
have placed a few orders and we have analyzed your signed credit
application, we may offer credit terms.
FOB
Unless
otherwise negotiated. Shipments are sent F.O.B. warehouse which means
the freight will be paid by you. We will gladly set up the shipment
with the freight company for you.
Carriers
Your
carrier is acting as YOU when receiving/signing for shipments.
Carrier should be aware of condition of shipment as loaded and should
sign paperwork accordingly. Likewise, when shipment is received at
destination, do NOT sign off receipt unless all is in order.
Consignee (your freight bill payer) is responsible for claims, so
write any exceptions directly on freight receipt.
Trucking
regulations state that carriers are not responsible for unloading;
many will assist, but they are NOT OBLIGATED. Please be prepared to
unload your own freight and remember bags average between 134-155
pounds each.
Green coffee in the trucking industry is coded
(freight rated) as CLASS 55 (CLS55). Check your freight bill for
correct rating class -- it can make a difference.