16 October 2025 Global Logistics Supply Chain Pulse Check: Ocean and air demand slow sequentially Alex Irving, CFA +44 207 676 7044 alex.irving@bernsteinsg.com David Vernon +1 917 344 8333 david.vernon@bernsteinsg.com Antoine Madre +33 1 58 98 74 52 antoine.madre@bernsteinsg.com Justine Weiss +1 917 344 8433 justine.weiss@bernsteinsg.com Approaching year-end, signs of deceleration are emerging: ocean volume growth slowed in August (+3% globally, -12% Transpacific Eastbound), and air volumes tapered off in S ...