Eng
Global trade is undergoing a structural reshaping that is set to weigh heavily on European logistics markets, particularly in Germany, according to a new whitepaper by Transport Intelligence. Pressures on vehicle and chemical exports, volatile e-commerce air freight demand, and new US tariff regimes are combining to alter the outlook for freight forwarders across the continent.
Germany’s export model, built on motor vehicles, chemicals, and mechanical engineering products, is increasingly under pressure. Vehicle production volumes are already lower than in 2019, while the country’s carmakers face stiff competition from Chinese electric vehicles.
Europe is losing global market share due to high energy costs and new capacity coming online in China, the Middle East, and South East Asia.
Europe’s freight flows shift from exports to imports. For Europe’s freight forwarders, the implications are profound. Structural decline in export-heavy industries such as vehicles and chemicals, coupled with tariff barriers and shifting demand towards e-commerce, will weigh on traditional sea and air freight flows. Import demand may hold up better, but overall growth prospects appear subdued.
Source: trans.info