Cargojet Inc. and DHL renew partnership

Cargojet Inc. announced that it has renewed its strategic agreement with DHL Network Operations (USA) Inc., an affiliate of DHL Group, until March 31, 2033. DHL will have two consecutive renewal options, each for an additional two-year term, potentially extending the term of the Agreement until March 31, 2037. Since commencing its business relationship with DHL in 2005, Cargojet has reportedly broadened its service portfolio over the subsequent two decades, enhancing its operational scope and capabilities. In a statement, Cargojet says it will offer its entire range of air-transportation services, including ACMI, CMI, charter and aircraft dry lease services to DHL to support DHL’s global logistics network. Cargojet currently utilizes a fleet of Boeing 767 and Boeing 757 freighters to service DHL’s global requirements. Under this expanded strategic partnership, DHL says it will maintain a minimum monthly block hours guarantee and provide Cargojet with a preferred opportunity to fly additional routes as it rearranges or adds additional capacity globally. “Securing the confidence of DHL Group underscores the strength of Cargojet’s value proposition as a long-term strategic partner. This deepened alliance is a testament to our team’s relentless commitment to delivering industry-leading on-time performance and operational flexibility. Their efforts to earn the trust of DHL every single day, continue to position Cargojet as a key enabler of global logistics,” said Executive Chairman Dr. Ajay Virmani. “Cargojet is an important strategic partner and delivers high quality, capacity, and flexibility to DHL Express, operating key routes for us into Canada, Mexico, and Latin America. We are pleased to extend our long-standing relationship with Cargojet and look forward to future expansion where mutually beneficial to both organizations,” said Travis Cobb Executive Vice President Global Operations and Aviation, DHL Express.