Bullboard - Stock Discussion Forum Cargojet Inc T.CJT.DB.E

Primary Symbol: T.CJT Alternate Symbol(s): CGJTF | T.CJT.DB.F

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Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company's main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated... see more

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Cargojet Inc > NR

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Post by retiredcf on Jan 10, 2022 11:41am

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.

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