Freight market update

Dive into our latest Air & Ocean Market Update, where we share key insights into the evolving air and ocean freight landscape – including demand trends, capacity shifts, and rate developments.

Air freight market overview

Air freight demand increased again in December 2025, supported by strong growth on the Europe–Asia and Intra‑Asia lanes. Freight rates were broadly stable into year‑end, consistent with a market that is holding firm but gradually normalizing.

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Ocean freight market overview

There is a clear shift between the US‑bound and Europe‑bound trades, with European trade lanes showing stronger underlying demand and rate development, while US trade lanes continue to show weakness. Rates rose at the end of 2025 and into mid‑January but are not expected to maintain current levels.

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