diff --git a/devel/py-traitlets/Makefile b/devel/py-traitlets/Makefile
index 04076989bde4..55e6843193e3 100644
--- a/devel/py-traitlets/Makefile
+++ b/devel/py-traitlets/Makefile
@@ -1,25 +1,25 @@
 PORTNAME=	traitlets
-DISTVERSION=	5.14.0
+DISTVERSION=	5.14.1
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	yuri@FreeBSD.org
 COMMENT=	Configuration system for Python applications
 WWW=		https://github.com/ipython/traitlets
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
-BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}hatchling>0:devel/py-hatchling@${PY_FLAVOR}
+BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}hatchling>=1.5:devel/py-hatchling@${PY_FLAVOR}
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}argcomplete>=3.0.3:devel/py-argcomplete@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}mypy>=1.7.0:devel/py-mypy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pre-commit>0:devel/py-pre-commit@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pytest-mock>0:devel/py-pytest-mock@${PY_FLAVOR}
 
 USES=		python
-USE_PYTHON=	pep517 autoplist pytest # 1 test fails, see https://github.com/ipython/traitlets/issues/866
+USE_PYTHON=	pep517 autoplist pytest
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/py-traitlets/distinfo b/devel/py-traitlets/distinfo
index 8bc9d96726db..aec7d9e46cae 100644
--- a/devel/py-traitlets/distinfo
+++ b/devel/py-traitlets/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1703295104
-SHA256 (traitlets-5.14.0.tar.gz) = fcdaa8ac49c04dfa0ed3ee3384ef6dfdb5d6f3741502be247279407679296772
-SIZE (traitlets-5.14.0.tar.gz) = 160561
+TIMESTAMP = 1704272700
+SHA256 (traitlets-5.14.1.tar.gz) = 8585105b371a04b8316a43d5ce29c098575c2e477850b62b848b964f1444527e
+SIZE (traitlets-5.14.1.tar.gz) = 161107