LASCO to increase FFA Policy, February 15, 2021

January 27, 2021

Dear Valued Customer,

Effective Monday, February 15th, 2021 LASCO Fittings, Inc. will increase our FFA policy approximately 10%. Currently, our standard freight policy is FOB LASCO Warehouses, prepaid on orders totaling $1650 net for one shipment to a single destination within the contiguous United States. This new prepaid amount will be $1800. Alaska and Hawaii will now be $2500 for our standard freight policy.

Along with raw material, labor, and most everything else - freight rates have been on the rise across the US and will continue to rise. We have absorbed these freight increases as long as we can and believe it is necessary to circumvent a portion of these additional costs by increasing the amount of the FFA shipments.
We thank you for your understanding and continued support.

LASCO Fittings, Inc.