Inventory

Real Time Inventory

You can access your inventory and transaction records instantly via our web-based warehouse management system. By employing a premier cloud-based warehouse management software, we offer our customers realtime online inventory that is second to none. To obtain the most effective and efficient inventory controls, we utilize barcoding and handheld devices in our warehouse, allowing for accuracy and promptness for every transaction.
 
 

General Terms and Conditions


1. Goods. Customer warrants that it is the owner and/or has lawful possession of the goods and that it has sole legal right to store and thereafter direct the release and/or delivery of the goods. Customer agrees to indemnify and hold harmless (including legal fees and costs) Keystone Cold, LLC. (hereinafter "Keystone") of and from any claim by others relating to the ownership, storage and release of the goods, and/or any other services provided by Keystone under this Receipt.

2. Services. Keystone shall receive, store and release the goods in its Facility identified on the face hereof. Keystone may provide other services as requested by Customer, at the rates set forth on Keystone's Rate Sheet or standard rates for the same; such additional services shall be provided by Keystone not as a bailee or warehouseman but, rather, solely as agent for Customer.

3. Rates/Charges. Rates/Charges shall be as identified on the face hereof and/or Keystone's Rate Sheet in effect at the time such charge accrues or the service is performed. Rate Sheets shall be provided at the time of deposit of goods into storage and/or upon request. Additional handling charges shall apply whenever goods are moved including to a platform for delivery. When part of a lot is transferred and/or physical separation of items is requested, labor and other charges may also apply. Charges for additional services performed by Keystone shall be separately billed as such services are performed or upon delivery of goods. Customer as well as the shipper, owner and consignee of the goods, and the goods themselves, shall be jointly and severally liable for all charges.

4. Payment. All charges are net, due and payable without offset or deduction within ten (10) days from date of invoice. Charges due but not paid shall accrue interest at one and one-half percent (1 1/2%) per month from date due until paid in full. Should Customer fail to pay any sum when due, all charges relating to any of Customer's lots stored at the Facility shall be immediately due and payable. Handling-out charges shall be due and payable at the time the entire lot of goods is removed from storage.

5. Warranties/Frozen Goods. In addition to the warranties set forth in section 1, above, Customer warrants that the information as to count, weight, description and condition of the goods set forth on the face hereof and/or any delivery documents are accurate and may be relied upon by Keystone. Customer further warrants that all chilled or frozen goods will be tendered with a uniform core temperature below that at which the goods are to be stored, and that Keystone is not responsible for freezing down or otherwise reducing the temperature of the goods but, rather, only for maintaining the ambient temperature in the Facility.

6. Special/Hazardous Goods. Customer must identify to Keystone in writing and prior to deposit all goods requiring any specialized handling or which are in any way dangerous and/or hazardous, and Carrier must specifically agree to store the same. If accepted by Keystone, Customer shall be solely responsible for providing complete and accurate handling and storage instructions, including relevant safety procedures and contact information, and shall complete all documents and comply with all laws applicable to such goods. If the special, dangerous or hazardous character of the goods creates a risk of harm to persons or property, or makes the continued storage thereof impractical, Keystone shall be at liberty to discharge, store and/or dispose of such goods at Customer's risk and expense.

7. Lien Rights/Security Interest. Pursuant to TEX. Bus. & Com. Code § 7.209 and U.C.C. § 7-209, Keystone shall have a warehouseman’s lien upon all goods and property deposited with it by Customer and upon the proceeds from the sale thereof for all charges provided herein, including charges for storage, handling, processing, transportation and/or labor and all other charges and expenses relating to all lots of the Customer’s goods stored any time in any Facility, and also for all reasonable charges and expenses for notice, advertisement and sale of the goods where default has been made, and for all costs, including legal fees and costs, incurred in enforcing such lien, collecting charges or defending itself in the event Keystone is made party to any litigation concerning such goods and/or property. This lien may be enforced by Keystone at any time. Additionally, Customer grants a security interest to Keystone in the goods and all proceeds derived from the goods, for all charges and expenses other than described above (including money advanced and interest), whether incurred before or after delivery, and Customer agrees to execute and deliver all such documents as may be required to perfect such security interest. If goods are transferred in a Facility from the account of one party to another, and should the charges relating to such goods not be paid in full on the date of such transfer, the lien for such charges shall attach to the goods retained in the warehouse by the transferor and to the goods transferred to the transferee. Keystone may require a transferee to acknowledge such lien rights prior to such transfer. If litigation is brought by one party against the other to enforce any of the provisions herein, the substantially prevailing party shall be entitled to recover its legal fees and costs.

8. Additions to Lot. Additional goods hereafter delivered by Customer as part of this lot while this Receipt is outstanding shall be deemed to be included herein and shall be subject to the terms and conditions of this Receipt.

9. Corrections. Unless written notice is given to Keystone within ten (10) days after receipt by Customer, this Receipt shall be deemed complete and correct.

10. Termination. Keystone may, upon thirty (30) days written notice to Customer, with or without cause, require the removal of the goods or any portion thereof and payment of all charges hereunder, whether or not there has been default by Customer. If the goods are not removed, Keystone may sell the goods and exercise any other rights it may have by law. Without limiting the foregoing, Keystone may require the removal of the goods or any portion thereof upon ten(10) days written notice if in its opinion the goods have or may have deteriorated in value to less than the amount of Keystone's lien on such goods.

11. Liability. Keystone shall be responsible for exercising reasonable care under the circumstances, and shall not be liable for any loss, damage or injury to the goods that could not have been avoided by the exercise of such reasonable care. In the event of loss, damage, shortage, failure to deliver and/or misdelivery involving the goods for which Keystone is legally liable, Keystone shall be responsible only for the lessor of (1) the actual cost of the product at the time of receipt or (2) thirty cents (30¢) per pound for such goods. If Customer has declared a higher value and if Keystone has expressly agreed to the same, Keystone shall be responsible for such only to the extent of such declared higher value or the actual cost to repair, restore and/or replace such goods, whichever is less. An excess valuation charge may be assessed in the event a higher value is declared by Customer. Customer agrees that the foregoing shall be its exclusive remedy against Keystone for any claim or cause of action whatsoever relating to the goods or services hereunder.

12. Consequential Damages. KEYSTONE SHALL NOT BE RESPONSIBLE OR LIABLE FOR ANY INDIRECT, CONSEQUENTIAL OR SPECIAL DAMAGES OF ANY TYPE OR NATURE WHATSOEVER AND HOWEVER ARISING, INCLUDING, WITHOUT LIMITATION, LOSS OF PROFITS, LOSS OF INCOME, LOSS OF BUSINESS OPPORTUNITY, BUSINESS INTERRUPTION, LOSS OR USE AND/OR LOSS OF ABILITY TO USE UNDAMAGED COMPONENT OR SYSTEM PARTS, WHETHER RESULTING FROM NEGLIGENCE, BREACH OF CONTRACT OR OTHERWISE, AND REGARDLESS OF WHETHER SUCH DAMAGES MAY HAVE BEEN FORESEEABLE BY ANY PERSON OR ENTITY.

13. Insurance. The goods are not and shall not at any time be insured by Keystone. The charges assessed hereunder do not include any insurance coverage.

14. Access and Delivery. The goods shall be ready for delivery upon forty-eight (48) hours notice to Customer upon presentation of a Release Order executed by Customer, provided that all charges have been paid in full. Keystone shall not be responsible for any delay in delivery caused by conditions beyond its control. No transfer of this Warehouse Receipt shall be recognized unless all charges are paid, the transfer is entered on Keystone's books and an additional charge is assessed therefor. An additional charge will also be assessed for any access to or partial delivery of goods. If Keystone has been unable to remove/ deliver the goods due to causes beyond its control, the goods shall be automatically subject to storage charges for the next succeeding storage period. Customer shall be responsible for all shipping, handling and other charges assessed by carriers and/or third parties in connection with the delivery and/or other shipment of the goods, and Customer agrees to indemnify and hold harmless (including legal fees and costs) Keystone of and from any liability, expenses and cost arising out of and/or relating to any claim made by any such carrier and/or third party.

15. Claims. Customer shall notify Keystone in writing of any loss, damage, shortage, failure to deliver and/or misdelivery of the goods within three (3) business days from the date and time when such was initially discovered by Customer. Customer must retain and permit Keystone to inspect the relevant goods. All claims must be presented to Keystone in writing within thirty (30) days after discovery of such, and any suit must be commenced within two (2) years following date claim was, or should have in the exercise of diligence, been made. Failure to comply with any of the foregoing shall preclude Customer from maintaining any claim or suit against Keystone.

16. Extension of Benefits. All limitations upon, and exceptions and defenses to, liability granted to Keystone shall be automatically extended to all parent, subsidiary and affiliated entities and all subcontractors of Keystone and the owners, directors, officers, employees and agents of each of the foregoing.

17. Law and Forum. The terms of storage and anything related to this agreement are governed by the laws of the State of Texas. All disputes, claims, and litigation relating to this matter shall lie exclusively in Hidalgo County, Texas. Customer agrees that Keystone shall recover its reasonable legal fees and costs if it substantially prevails in any litigation with Customer. THE PARTIES EXPRESSLY WAIVE TRIAL BY JURY.

18. Execution. This Receipt may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute a single instrument. A facsimile signature shall be equivalent to an original.

19. Integration. The headings used above are for convenience of reference only, and may not be construed so as to give any substantive meaning to the agreement between the parties. This Receipt, in conjunction with any Rate Sheet and Release Order issued in connection herewith, constitutes the entire agreement between Keystone and Customer, and may not be altered or amended unless through a writing signed by both parties.