Weekly Update Week 39: Sept 25th-29th

LCL Price Reduction, Elenteny Imports Expands LCL Shipments Into South America, Federal Shutdown, Low Volume Lanes Update

 

Operations Update

LCL Price Reduction  
Our customers are increasingly taking advantage of LCL to maximize cash flow and minimize carrying costs.  We are pleased to be able to support these efforts by lowering the cost of our LCL service.  Please reach out to your account manager for additional LCL lane details and full pricing.

We are happy to let you know that we have received revised European tariffs.  These changes will be effective on all LCL shipments departing on or after September 27th, 2023.  This is our fifth price reduction of 2023.  Ocean rates have overall fallen back to pre-pandemic rates.  However, warehouse, drayage, and pickup costs remain at elevated levels.  We do not anticipate any further rate reductions for 2023.

LCL price reductions range from $0.10 a case to $2.44 a case.  The popular France -> NY lane cost per case is reduced by 15% (pricing level 3) and the NY -> Italy lane is reduced by 4% (level 3).

Further details may be found here.  For more details, including a full price list, please reach out to your sales rep or support@elentenyimports.com

Our FCL customers will also experience a price reduction on their shipments.

Elenteny Imports Expands LCL Shipments Into South America
We are pleased to announce that we have expanded our reefer LCL service into South America. Using Less than Container Load (LCL), importers can now order smaller, more frequent shipments of wine, spirits, and beer directly from South American vineyards or distilleries to temperature-controlled warehouses in New York and Oakland.  Elenteny’s tailored LCL services include initial pickup to last-mile delivery and all the logistics and compliance details in between.

Flexibility in ordering is critical during times of high carrying costs.  Elenteny’s LCL shipments allow importers to ship smaller amounts of wine, spirits, and beer while preserving cash flow during uncertain times.

Example base price – level 3 pricing (200 – 349 cases)

NY – Chile / Argentina

Oakland – Chile / Argentina

$18.66

$18.01

For more information, please reach out to your account rep or email support@elentenyimports.com.

Federal Shutdown
The US government will partially shut down on Sunday unless an agreement is reached on future funding.  In the event of a shutdown, Customs and Border Patrol would continue to function.  However, certain functions of the TTB are not considered essential and would therefore be impacted.  The immediate concern for our customers would be delays in processing COLAs.  It is also likely that CBMA claims and payments would also be delayed.

 

Low Volume Lanes Update
LCL space (9L cases) is available on the following lower volume lanes:

France to OAK:   1000 cases, building a new container

Spain to OAK:   1100 cases, building a new container

Italy to OAK:  850 cases

Germany to NY:   450 cases, building a new container

Portugal to NY:   Full, building a new container

Portugal to OAK:  800 cases

Austria to NY:  Full, building a new container

South America to NY:   1200 cases, building a new container

New Zealand to OAK:   1200 cases

Australia to NY:  250 Cases

Georgia to NY:  150 cases

NEW LANES

Italy to Seattle:  Full, we are building the next container

France to Seattle:  Full, we are building the next container

High Frequency LCL Lanes:

Italy to NY:     Multiple shipments per week

France to NY:    Multiple shipments per week

Spain to NY:      One shipment per week

News to Know

Track the evolution of cocktail culture over the past 100 years. Cocktails through the decades – The Spirits Business

Would you be able to pass the Master Sommelier exam? Tips on how. These New Master Sommeliers Share How They Aced the Exam | SevenFifty Daily

Your wines are exciting, but how about your brand? How to Cultivate Emotional and Authentic Distinction for Your Brand | Entrepreneur

No longer just like grape juice. The company redefines alcohol-free red wine. Surely Introduces New Non-Alcoholic Red Blend – A Completely New Take on the Non-Alcoholic Wine Experience

Ships that don’t cut emissions face fines. Big Emissions Bills Are Coming for Ships Sailing in Europe | SupplyChainBrain

 

“Accept what life offers you and try to drink from every cup. All wines should be tasted; some should only be sipped, but with others, drink the whole bottle.”

— Paulo Coelho

Cheers, Elenteny Imports