The co-CEO of Cargojet Inc. says rising e-commerce demand will fuel major business gains in the second half of the year after boosting revenues last quarter.
A Cargojet plane sits on the tarmac at the John C. Munro Hamilton International Airport in Hamilton, Ont., on Feb. 23, 2024. THE CANADIAN PRESS/Nick Iwanyshyn
Business from Amazon has spiked, particularly during the e-commerce giant's popular "Prime days" promotions, Porteous said.Amazon has also asked Cargojet for "dedicated capacity" via charter flights for the online retailer's sales push in mid-October. Last year, no charter freight trips were requested, the co-CEO said.
A three-year deal that Cargojet signed in June with Chinese firm Great Vision HK Express to provide scheduled charter flights between Vancouver and China will add more than $50 million a year to its coffers, according to the company.The new jets will be welcome additions after a pair of aircraft took a pounding when a hailstorm ripped through Calgary last week, hitting the airport.
Independent New Brunswick MLA Dominic Cardy officially launched a new centrist federal political party, aiming to win the support of disillusioned Liberal and Conservative voters.The World Health Organization on Wednesday declared mpox a global public health emergency for the second time in two years, following an outbreak of the viral infection in the Democratic Republic of Congo that has spread to neighbouring countries.
'I am disgusted as any Canadian': Immigration minister looking into revoking terror suspect's citizenship Firefighters who were working alongside a 19-year-old woman who was killed when a burning tree fell on her last summer in British Columbia had expressed grave concerns about the large cedar before it fell.A B.C. man who backed out on a deal to buy a house after he realized online photos of it were edited and virtually staged has been ordered to pay a penalty for rescinding the contract.
A 66-year-old man from Regina is dead following a collision between an SUV and truck northeast of Melville Tuesday morning.'Disgraceful': Ontario's opposition demands Doug Ford apologize for animal hospital joke about overflow patients
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Cargojet foresees 'much stronger' second half of year as e-commerce sales riseMISSISSAUGA, Ont. — The co-CEO of Cargojet Inc. says rising e-commerce demand will fuel major business gains in the second half of the year after boosting revenues in its latest quarter.
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Cargojet foresees ‘much stronger’ second half of year as e-commerce sales riseThe co-CEO of Cargojet Inc. says rising e-commerce demand will fuel major business gains in the second half of the year after boosting revenues last quarter.
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