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Market Report May 2025 | Europe

Q1 2025 ends with significant uncertainty, marked by geopolitical volatility and unpredictable global trade relations, as the U.S. implements and pauses a range of new tariffs. Global GDP growth projections of 2.5% for 2025 are the weakest since 2009, with

End of De Minimis from China

As part of its broader trade reviews, the Trump administration has moved to end De Minimis duty-free privileges that have long supported the flow of small parcels into the U.S. from major eCommerce exporters. Effective 2 May 2025 at 00:01 ET,

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New Asia shipping alliances reshape trade

Container shipping is undergoing a major transformation this month, with the launch of new alliances, including the debut of the Gemini Cooperation, a joint venture between Maersk and Hapag-Lloyd, which seeks to redefine operational and schedule reliability. Previously, major container carriers

Q4 air freight demand surge and capacity constraints

October marked the start of the traditional shipping peak following China’s Golden Week holiday, with rising eCommerce activity and new electronics launches driving up demand and rates across Asia. Although economic forecasts suggest a potential slowdown, airfreight demand within Asia and