Cargojet, the largest all-cargo airline in Canada, said core transportation revenue increased 11.5% in the second quarter from the prior year as the company taps into the booming international e-commerce logistics sector.
Growth in e-commerce was the primary factor behind Cargojet’s improved earnings and positive outlook for the second half of the year.
Revenue from the domestic overnight network, dedicated contract flying in which transportation service is priced per flight hour and...
https://www.freightwaves.com/news/e-commerce-amazon-demand-drive-cargojet-volume-growth