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Cargojet (T:CJT) has notable insider selling

Updated Friday Jan 08, 2021 02:36 AM EDT

Jamie Bennett Porteous, a Senior Officer and Director, disposed 2,640 Common Voting Shares on a direct ownership basis at a price of $214.034 through the public market on December 31st, 2020. This represents a $565,050 divestment of the company's shares and an account share holdings change of -69.7%.

Cargojet is in the Air Freight & Logistics Sub Industry Group under the Industrials Sector.

Cargojet Inc. is a Canada-based company that provides over night air cargo services. The Company's services include overnight network, international air cargo services, dedicated aircraft charter and dedicated aircraft, crew, maintenance and insurance (AMCI) contracts. It offers over night air cargo service between approximately 14 cities across Canada each business night. Within its overnight network, it also provides domestic air cargo services for a number of international air lines between points in Canada that connect such airlines' gateways to Canada. It operates an international route operating between Newark, New Jersey, United States of America (USA) and Hamilton, Bermuda and provides a five-day per week air cargo service. It offers a specialty charter service typically in the day time and on weekends. Its ACMI Contracts involves providing a dedicated aircraft on a dedicated route where the customer is responsible for all costs of the operation.

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Go to Cargojet Inc. (CJT)'s company page

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