TSX:CJTLogistics
Cargojet (TSX:CJT) Is Up 6.4% After Expanding Long-Term DHL Partnership and Reporting Q2 Gains – Has The Bull Case Changed?
Earlier this month, Cargojet announced it has renewed and expanded its long-term air cargo partnership with DHL, extending their agreement until at least March 31, 2033, with two additional two-year renewal options potentially extending it until 2037; Cargojet will continue providing a full suite of air transport services to support DHL’s global logistics, and the arrangement includes significant changes to equity warrants and business volume commitments.
Alongside this development, Cargojet...