Operations Update:
Labor Day: Elenteny Imports will be closed on Monday, September 5th in observance of Labor Day.
CBMA 2023: The Craft Beverage Modernization Act (CBMA) will undergo some significant changes starting in 2023. (We are still waiting for confirmation of the exact start date). Currently, reductions in duty, due to CBMA, are applied at time of entry (filing) based on CBMA letters and assignment from the producer. Going forward, producers will assign CBMA credit to the importer via a dedicated producer portal in MyTTB, and importers will file their clearance documents, which, once validated, will trigger the relevant refund. As more information becomes available we will update you. In the meantime more details may be found here.
East Coast Ports: In a clear change of historic trends, U.S. East Coast (USEC) ports are now handling more cargo than the U.S. West Coast (USWC) ports. Traditionally, USWC handles 40% more volume than USEC but at the moment the demand is shifting and this is also the cause for the current congestion in some ports (Savannah, Newark, Houston) as well as the delays at the NY ports.
Peak freight season is underway, see below. We encourage our customers to continue to order as early as possible, and anticipate 6 – 8 weeks delays in shipping. |