Sonoco ThermoSafe and Turkish Cargo Sign Global Master Lease Agreement

Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and one of the largest global providers of temperature assurance packaging, and Turkish Airlines, a trusted partner in transporting high-value, time and temperature sensitive pharmaceutical cargo across the world, are pleased to announce a global 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, which enables it to speed through international air freight handling and customs processes at the lowest possible cost. With a focus on sustainability, the Pegasus ULD® is engineered with composite materials, offering a lighter solution that is also substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus ULD® contains a fully integrated, FAA-approved telemetry system providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.

“We are delighted to partner with Turkish Airlines for inclusion of the Pegasus ULD® container to its cold chain service TK PHARMA,” said Bourji Mourad, who heads Logistics and Partner Management for Sonoco ThermoSafe’s Bulk Rental Group.

“As Turkish Cargo, which has IATA CEIV Pharma certificate and offers state of the art industrial solutions for pharmaceutical and healthcare industry, we believe this new class of air freight container will provide a right choice for our customers to transport high-value pharmaceutical products all around the world,” explains Daniel Lloyd Johnson, Turkish Airlines, Senior Vice President Cargo Product.
https://investor.sonoco.com/news-releases/news-release-details/sonoco-thermosafe-and-turkish-cargo-sign-global-master-lease

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