Cargojet Inc. (CGJTF)
Cargojet Inc. operates in the Integrated Freight & Logistics industry of the Industrials sector, headquartered in Mississauga, ON, CA. The stock last traded at $66.43, up 0.01% on the session, giving a market capitalisation of $991.2M. On trailing twelve-month figures it carries a trailing P/E of 30.03, a net margin of 4.5%. Its beta of 1.24 implies it has historically moved more than the broad market.
Cargojet Inc. is a Canadian corporation primarily focused on providing expedited overnight air freight solutions. The company operates an extensive domestic air cargo network, servicing fourteen cities throughout North America. Furthermore, it supplies dedicated aircraft to clients under an Aircraft, Crew, Maintenance, and Insurance (ACMI) agreement, enabling cargo transport across Canada, North and South America, and Europe. Cargojet also maintains scheduled international routes, connecting the United States with Bermuda, and Canada with the United Kingdom and Germany for various cargo clients. Its services extend to ad-hoc charter flights, available to customers for destinations within Canada, the United States, and other international locations. The firm is recognized for its specialized charter offerings, which include transporting livestock, military gear, emergency aid, and oversized shipments across North America, South America, the Caribbean, and Europe. Beyond its core flight operations, Cargojet engages in critical aviation support functions such as flight planning and dispatch, crew training and management, ground handling services, and commercial airline cargo management. As of December 31, 2021, the company's fleet consisted of 31 aircraft. Cargojet Inc. was founded in 2005 and is headquartered in Mississauga, Canada.
Cargojet Inc. is most often compared with the following Industrials names: