Sonoco Products Partners With Korean Air For Pegasus ULD Shipping Container

by Shivani Kumaresan, Benzinga Staff Writer
August 18, 2021 11:37 AM | 1 min read |
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  • Packaging solutions provider Sonoco Products Co SON is partnering with air cargo carrier Korean Air to lease the new Pegasus ULD temperature-controlled bulk shipping container. 
  • The agreement enables pharmaceutical freight forwarders access to Pegasus ULD containers directly from Korean Air.
  • Korean Air and mutual clients will also have access to other Sonoco ThermoSafe containers under the agreement.
  • Sonoco will provide ground handling, repairs, and preconditioning of Pegasus ULDs at Incheon International Airport (ICN).
  • Sonoco ThermoSafe will support the partnership by adding ICN airport to its global service network.
  • Price Action: SON shares are trading lower by 0.09% at $64.46 on the last check Wednesday.
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