Weekly Update Week 51: Dec 19th-23rd

Operations Update:

Holiday Schedule: 
Elenteny Imports will be closed on December 26th , and on January 2nd , 2023 in observation of the Christmas and New Year Holiday.

Demand On The European Lanes Continues To Be High:
Capacity is set to increase on average by 30% mainly due to bigger vessels entering the Northern Europe and Mediterranean market to the U.S. East Coast.  We anticipate that additional capacity and reduce demand will lead to European price reductions in 2023.

Port Updates as of December 21, 2022:

New York December 21 – Wait times continue to average approximately 2 days at APM and PNCT. Maher and GCT continue to operate with normal turnarounds. Warehouse backups persist with wait times at some stretching into the new year. Elenteny is experiencing delays of up to a week at FDL.

Oakland December 21 – Wait times are all but eliminated at the port and turnaround times have normalized, however delays at Sidekick for delivery appointments will cost more than shipping from New York with yard storage, per diems and reefer monitoring. Sidekick must get caught up before port of Oakland is a reasonable option.

Houston December 21 – Wait times are 2-10 days to secure equipment.

CBMA Reminder:
If you are planning to collect CBMA credit at the end of the first quarter, now is the time to ensure that your producers have been registered as foreign agents in the MyTTB Portal. If you still do not know how the process works, you may find a link to Elenteny’s webinar here, and then view our customer actions document here. If you have products arriving in January and have yet to allocate gallonage to Elenteny Imports, it is imperative that you do so now!  Please email Tom Davis at CBMA@ElentenyImports.com or Tim Kealey at Tim.Kealey@ElentenyImports.com if you require any assistance.

News to Know

If you’re traveling for the holidays, stay safe out there. A once-in-a-generation winter storm will impact nearly every state and cripple Christmas travel

He misbehaved, but did Santa put himself on the naughty list? Bad Santa Drunk Scene

Creative ways the spirits sector got your attention.  Top 10 Marketing Moves in November 2022

Meeting Sustainability Standards. New ESG Regulations Will Impact Every Winery—Here’s What to Know | SevenFifty Daily

And, finally: how they order your wine impacts their love life.  Show me how you treat your waiter and I’ll tell you who you are

The journey, not the arrival, matters.

– T.S. Eliot