Last week I wrote about how TFI International Inc (TSX, NYSE: TFII) is well positioned to benefit from the growth in e-commerce. Another Canadian company that\u2019s successfully riding the e-commerce wave is Cargojet (TSX: CJT). Cargojet is Canada\u2019s premier cargo airline and operates a transportation service business that moves air freight to destinations across Canada, as well as the Caribbean and Europe. The company\u2019s reach is 95% of Canada\u2019s population, they operate in excess of sixty flights daily and account for over 90% of Canada\u2019s domestic overnight air cargo. The amount of goods shipped equates to over 1.5 million pounds of time-sensitive deliveries. Cargojet has a market cap of $2.2B, over 1,100 employees and a fleet of twenty-three aircraft that have been refurbished for transporting freight. Three-quarters of the company\u2019s domestic revenue is under long-term contracts.<\/p>\n
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Disclaimer: Palos Funds are shareholders of CJT. <\/em><\/p>\n <\/p>\n By Charles Marleau, CIM<\/span><\/p>\n Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n By Charles Marleau, CIM<\/span><\/p>\n <\/p>\n Click to Read Macro View<\/a><\/span><\/strong><\/p>\n By Hubert Marleau<\/span><\/p>\n <\/p>\n Click to Read Options Corner<\/a><\/span><\/strong><\/p>\n