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Spot container rates between Asia and Europe last week hit a six-month high, according to data from the Shanghai Shipping Exchange's Shanghai Containerized Freight Index.
New sections and bypasses in the 72-kilometer stretch of the waterway will reduce waiting time and transit times, according to Suez Canal authorities.
The online retailer released its blueprint for the utilization of delivery drones at a NASA conference last week.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.