Freshwater navigation is expected to increase in the coming years, being promoted as a low-carbon form of transport. However, we currently lack knowledge on how this will impact biodiversity at large scales and interact with existing stressors. We addressed this knowledge gap by analyzing fish and macroinvertebrate community time series spanning the last 30 years across large European rivers comprising 19,592 observations from 4,049 sampling sites. We found ship traffic to be associated with biodiversity declines, i.e. decreases in fish and macroinvertebrate taxonomic richness and diversity, and trait richness. Shipping was also associated with increases in taxonomic evenness, which, in concert with richness decreases, can likely be attributed to losses in rare/smaller populations. In particular, shipping was especially harmful for benthic taxa and those preferring slow flows. These effects were often dependent on local land use and degradation. In fish, the negative impacts of shipping were highest in urban and agricultural landscapes. Regarding navigation infrastructure, the negative impact of channelization on macroinvertebrates was only evident when riparian degradation was also high. Our results demonstrate the risk of increasing inland navigation on freshwater biodiversity. Integrative waterway management accounting for riparian and landscape characteristics could help to mitigate these impacts.