Weekly Update Week 13: March 28th – April 1st

Operations Update:

Prowein – May 15th-17th, 2022

Planning to go to Prowein in Dusseldorf (May 15th – 17th)?  We are and we would love the opportunity to meet up with you.  Please reach out to us support@elentenyimports.com to arrange a time.


Fuel Price Change

We have all seen the headlines about the rising global oil price and experienced the effect of raising fuel prices at the pump.  The fuel price increases have led our vendors to levy additional inland charges, due to the increased cost of diesel (over 20%).  In addition, the cost of Very Low Sulfur fuels oil (VLSO), which is used by shipping lines, has also increased sharply, $769 a ton on Feb 24th to $1001 a ton on Mar 8th (Source:Ship&Bunker).

As a result of these changes, we will be raising our fuel surcharge to cover the cost of the VLSO changes.  We will also be adding 50c a case in Emergency charges, to cover the cost of inland fuel surcharges.  Emergency charges will typically increase from ~$1 a case to ~$1.50 a case.  Our fuel surcharge will also be increased by 3%, see here for full details.  Changes will be effective April 1st, 2022.


According to The Local, the Spanish Truckers Strike Has Eased

“After 15 days of uninterrupted transport stoppages in Spain that have caused shortages and spurred on other protests, the country’s main transport association has reported that activity on Monday returned “practically to normal””


News to Know

Whiskey importers toast the return of duty-free trade.  The British government ends the 25% tariff imposed on U.S. goods like whiskey in 2018.   ‘It’s Been a Long Wait’: UK Lifts Tariffs on US Whiskey | Wine Enthusiast

How will Russia’s invasion impact global supply chains? Let us count the ways. Russia’s Invasion of Ukraine Throttles Global Supply Chains | Material Handling and Logistics

Inflation felt most in increased food and energy prices. Americans should budget an extra $5200 this year to cover rising prices, Bloomberg economists estimate

The chemistry of wine is evolving. Using Alternative Yeasts to Replace Sulfites in Wines | SevenFifty Daily