Market Report October 2025 | Europe

While demand remains uneven across modes and geographies, key European inbound flows and transatlantic trade have proven resilient.

Carriers are moving through a period of transition between short-term seasonal uplift and longer-term structural pressures, including capacity constraints, cost inflation and evolving trade patterns.

As we move through Q4, businesses need to remain agile, accessing Noatum Logistics’ flexible capacity and strong network visibility to capitalise on the evolving landscape.

Key Highlights

• Ocean: Markets saw a short-lived October rebound as new FAK levels and GRIs briefly lifted rates, although sustained oversupply continues to limit upward momentum heading into November.
• Air: European airfreight remained one of the strongest global regions, with inbound volumes holding above last year despite Golden Week disruption and pricing stabilising across major lanes.
• Overland: European road freight is gradually firming, supported by manufacturing restocking and tightening capacity as truck registrations fall and operating costs continue to rise.
• Contract Logistics: Demand is strengthening as automation, long-term partnerships and multi-client solutions drive throughput despite persistent labour and energy cost pressures.
• Warehousing: Utilisation remains high across prime UK and European locations, with strong demand for modern, automated and energy-efficient facilities moderating the pace of rental growth.

Download the full October 2025 Market Report to explore detailed analysis across Ocean, Air, Road, Contract Logistics and Warehousing.