Weekly Update Week 26: June 20th-24th

Operations Update:

Elenteny Phishing Attack
It has come to our attention that a number of our customers received an email purporting to be from Jasmin at our company, advising that we have changed bank details and are no longer accepting check payments. THIS EMAIL IS FRAUDULENT AND DID NOT ORIGINATE FROM OUR COMPANY. The email address is from a similarly named domain but is not ours. If you responded to this email and provided the recipient with your banking details please CONTACT YOUR BANK IMMEDIATELY in order to prevent any unauthorized debits to your account.

Potential Transport Strike in Spain at the Beginning of July 
The Spanish transport union (Plataforma Nacional Defenesa Sector del Transporte) is planning to call for a vote on June 26th to strike on July 1st, 2022.  This same transport union organized the earlier strikes in March over high gas prices and working conditions. It remains to be seen if the transport union will choose to strike and, if so, whether they will rally the support of other drivers or unions in Spain after government concessions ended the March strikes.  At this point the potential size and scale of disruption from a planned work stoppage is not yet known.

German Port Strike Announced
Germany’s trade union Ver.di has called for a 24 hour warning strike after the disputing parties look unlikely to reach a settlement in the fourth round of collective bargaining with port employers .  The trade union has announced a 24-hour warning strike to take place on June 23rd, 2022 beginning at 6AM.  This would impact container and vessel operations at the ports of Hamburg and Bremerhaven.

We will continue to keep you informed of the potential impact of any Spanish and German strikes on your shipments.

News to Know

Consumer behavior is shifting and we’re seeing fluctuations in market share for beer, wine and spirits. Provi Pulse put together a report so you can understand the latest trends and how they affect your business. Note: You’ll need to sign up to view the report. Alcohol Industry Trend Report 2022

You can trace the emergence of modern day firefighters to a river of burning whiskey.  How a Fire Forever Changed Irish Whiskey | Wine Enthusiast

Some spirits brands grew rapidly last year. Why?  Top 10 fastest-growing spirits brands

How supply constraints affect inflation. Supply issues account for half of surge in U.S. inflation

Beijing’s 212% tariff on imported Australian wine instantly wiped out the Australian wine market in mainland China. Wine Australia closes Shanghai office after Chinese exports plunge – Decanter

Winegrowers in France face an unprecedented increase in the cost of raw materials. French Winegrowers deal with increased overhead