University of Waterloo - School of Accounting and Finance
Celebrating the 15th year of the CFA Institute Research Challenge...
Stay updated with breaking news from Scott Calver. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Celebrating the 15th year of the CFA Institute Research Challenge...
CFA Society Toronto and CFA Society Ottawa Welcome Cargojet as the Research Challenge Subject Company
Cargojet Inc.'s chief executive said Monday the air cargo company is cutting back on the "overspending" it incurred to meet a demand influx during the COVID-19 pandemic as it reported a decline in profit in its latest quarter.
Cargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions. The post COVID cost initiative boosts Cargojet margins despite drop in volumes appeared first on FreightWaves.
Cargojet Inc.'s chief executive said Monday the air cargo company is cutting back on the "overspending" it incurred to meet a demand influx during the COVID-19 pandemic as it reported a decline in profit in its latest quarter.