Sonoco Inks Global Master Lease Agreement With Turkish Cargo

  • Sonoco Products Co SON unit, Sonoco ThermoSafe, and Turkish Airlines have signed a partnership agreement for leasing the new Pegasus ULD temperature-controlled bulk shipping container.
  • The agreement enables pharmaceutical freight forwarders access to Pegasus ULD containers directly from Turkish Cargo.
  • Sonoco ThermoSafe's Pegasus ULD is the world's first FAA and EASA-approved passive bulk temperature-controlled ULD container for pharmaceutical use.
  • Pegasus ULD contains a fully integrated, FAA-approved telemetry system providing real-time, cloud-based data on payload and ambient temperature, synchronized with GPS location.
  • Price Action: SON shares closed higher by 0.19% at $57.75 on Wednesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!