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Ecommerce

Small cap to watch: Why an Air Canada announcement took some of the wind out of this stock [Video]

Shares of Cargojet Inc. (CJT-T) are down by about 15 per cent from their record high on Monday after Air Canada signalled plans to expand its cargo business. Analysts say Cargojet’s stock also tapered off alongside other names that benefitted from a surge in e-commerce during the pandemic, amid rising hopes for a COVID-19 vaccine.

Cargojet shares hit a record $250.01 on the Toronto Stock Exchange early Monday, but then ended the day down 13 per cent from Friday’s close of $242.55. The stock closed down about 3 per cent on Tuesday to $204.39. The shares have dropped by about 15 per cent over the past five days but have doubled over the past year.

The stock soared last weekafter the company reported earnings that beat expectations and amid high expectations for a continuation of the online shopping trend. However, Monday’s news of a potential vaccine on the horizon dulled some of …

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Ecommerce

UPS Slaps Shipping Limits on Gap, Nike to Manage E-Commerce Surge [Video]

The delivery giant recently imposed volume restrictions on Gap, Nike and some other large retailers, as the pandemic-driven surge in online shopping puts pressure on its capacity.

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Ecommerce

https://youtu.be/QvBWu9jVX8M In this footage, hens advance upon an Amazon driver, who makes a fast exit. The hens pursue him to the driveway, then stand guard lest he return.

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Ecommerce

ASB MAGAZINE: Two-time world champion surferJohn John Florence, in partnership with Clif Bar, has released a new documentary film Tokyo Rising, through Amazon Prime Video.Tokyo Risingchronicles Florences 2019 professional surfing season and quest to earn a position on the inaugural Team USA Olympic surf team. With Kelly Slater on his heels, Florence is faced with a high-stakes decision five months after reconstructive surgery on his ACL. The battle for Olympic qualification comes down to the Pipe Masters on Oahus North Shore.