They never thought we'd make it, but here we are: Episode 20. We’ve been talking about Lunar New Year for six weeks, but we were still blindsided by the reality of it this week. Forget the traditional benchmarks—Judah’s inbox is currently the world’s most accurate economic indicator, overflowing with hundreds of out-of-office replies.
In this episode, we break down the Ocean Rate Cliff, with East Coast rates falling 12% to $3,000/container. We also dive into the week's biggest shocker: the White House’s Maritime Action Plan. We’re talking about proposed port call fees that could hit as high as $4,000 per container. That’s not a fee; that’s a structural rewrite of US trade.
Plus, we look at the Hapag-Lloyd acquisition of Zim, a move that could consolidate 3 million TEUs under one digital-first banner.
Full weekly update here: Ocean rates ease as LNY begins; US port call fees again?
Chapters:
00:00:00 — The Out-of-Office Index: Why Judah’s inbox is the real LNY benchmark.
00:01:30 — Ocean Rate Cliff: 12% drops and the post-holiday plateau.
00:02:45 — Air Cargo's Short Lead Spike: Why China-US hit $7.40/kg.
00:03:15 — The Hapag-Zim Merger: Consolidating 3 million TEUs.
00:05:30 — The $4,000 Threat: The White House Maritime Action Plan.
00:07:00 — Witty Banter: Eytan tries (and fails) to get Judah to seal the deal.
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