NR Cargojet Inc. announced the early renewal and extension of the air cargo services agreement with two major domestic customers.
The company said the agreements will run for a three-year term and contain two, one-year renewal options. The original agreements were due for renewal in 2021 and in July 2022.
“This is another example of customers continuing to secure long-term capacity on Cargojet’s air cargo network considering structural shifts in the nature of supply chains which are leading to significant growth in demand for time-sensitive air cargo services across Canada,” the company stated.