Weekly Update: Week 39: September 19th-23rd

Operations Update:

Last week we announced a strategic FX partnership with Koverly to offer guaranteed best in market, no fee, foreign exchange rates.  We are pleased that a number of our customers have already taken advantage of this new service.

For those of you interested in learning more, we will be holding a webinar on Wednesday, Sept. 28th at 2 PM EDT.  If you are interested, please register for the webinar by emailing support@elentenyimports.com.  Places are limited, however a recording of the webinar will also be made available on our website.

Italian Strike and Delays:  Port terminal labor unions at Livorno port are striking this week (September 15th through September 22nd) after negotiations broke down.  This is a limited strike of 2 hours at the end of each work shift.

We expect additional gate congestion and operational slowdowns for containers at the terminals.

NY Port Update: PNCT is now down to a 1-2 week delay, a week less than the prior worst-case scenario.  APM is now up to a week.  Some New York metro 3PLs are now reporting up to 4 week delays, however FDL & Gordon’s continue to weather the storm with little impact to Elenteny’s operations.

News to Know

To reduce carbon emissions, every other row of champagne vines will be removed. Reduced planting density initiative approved in Champagne – Decanter

A rosé by any other name? Not according to EU authorities. Bureaucrats Look to Target Grape Names | Wine-Searcher News & Features

Nearly half of all last-mile related costs occur in the last few hundred feet because of challenges in finding the exact delivery location. That may change. Devil in the Details – Tech Company Seeks to Solve Inaccurate Delivery Addresses | SupplyChainBrain

Though the restaurant industry is inching its way back to operational normalcy, the way beverage programs are run has irrevocably changed. The New Financials of Running a Restaurant Wine Program | SevenFifty Daily

Unlike recent UK ports, dockworkers at 29 West Coast ports will keep cargo moving as they negotiate a new labor contract. Long Beach chief sees West Coast labor deal being reached without strike