Operations Update
French Shipping Update:
French industrial action continues, there is a general strike on Thursday, April 6th and the ports are working 4 hours a day for the rest of the week. Monday, April 10th is a public holiday in France. To avoid this disruption, we have been using Antwerp as an alternative port. We have negotiated that Transfers to Antwerp, from the Northern part of France, are currently free of charge. For shipments from the South that would normally ship from Fos-sur-Mer, the transfer charge to Antwerp, is in the range of $1 -> $1.50 a case. Currently, the delays from France are in the 1 – 3, week range.
Price Reduction:
We are happy to let you know that we have just received revised European tariffs. These changes were effective April 1st. The tariffs contain further price cuts from the prices we recently announced effective March 1st. This is our third price reduction of 2023. We remain committed to passing on price reductions as soon as possible. More details may be found here.
CBMA:
Elenteny has just completed its first quarterly filing of 2023 under TTB’s new process. The MyTTB portal is remarkably straightforward, so we expect to be able to complete these filings almost immediately at the close of each quarter. Please note, if there were any issues with your filing, Elenteny would already have contacted you with the specific actions to undertake.
A number of individuals did not inform Elenteny that their assignments were at the lower-tier rate, and the entry was not accepted. If you are claiming at the $0.90 or lower rate, you must inform Elenteny so we can file correctly. We intend to finish up processing via manual filings for the entries that did not go through by the end of the week of April 3, 2023. By Apr 14, Elenteny will be able to provide a summary of your return due (upon request).
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