Weekly Update Week 52: Dec 26th-30th

2022, What A Year!

Before we rush into the New Year, let’s take stock of 2022. Most importantly let’s take a moment to say how much we appreciate you. Thank you for your business. 

 

As you know, 2022 was another year of historic challenges, from continued supply chain disruptions and rising costs to warehousing mayhem. But you persisted and made it through and many of you experienced significant growth*

You needed to adapt to this costly and chaotic new landscape. But you weren’t alone. Throughout the year we did our best to help you:

  • Understand the challenges that were going on by publishing weekly news letters and sending you additional alerts for time critical items.

  • Adapt to global shipping delays by encouraging you to order inventory much earlier than usual

  • Manage cash flow by helping you get better terms on payment plans and better foreign exchange rates through a new partnership with Koverly

  • Meet new CMBA requirements by putting together free webinars and walking you through the changes so you don’t lose out on rebates

 

As we toast the New Year, we raise our glass with hope and determination. No one has a crystal ball, but we’re starting to see some positive trends.  In 2023, we anticipate that you’ll see:

  • West Coast LCL services. We’re bringing these back ASAP!

  • Reduced wait times. Ports in New York and Oakland are starting to see normal turnaround times.

  • Price reductions. We anticipate that additional capacity and reduced demand will lead to European price reductions

 

Here’s to your success in 2023: may you profit from a normalized supply chain and may your success taste as sublime as those perfect wines you discover.

From all of us at Elenteny Imports, we wish you a happy, healthy, and prosperous New Year!

 

 *Stay tuned for importer success stories.  Let us know if you’d like to be featured.

Year’s end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us.

– Hal Borland