SON Sonoco Products Company

Sonoco ThermoSafe and United Cargo Sign Global Master Lease Agreement

Sonoco ThermoSafe and United Cargo Sign Global Master Lease Agreement

ARLINGTON HEIGHTS, Ill., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and one of the largest global providers of temperature assurance packaging, and United Cargo are pleased to announce a global lease agreement for the new Pegasus ULD® temperature-controlled bulk shipping container. The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from United 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.

United Cargo has over 90 stations in their TempControl global network, trained on pharmaceutical handling according to IATA Temperature Control Regulations. Passive TempControl shipments receive higher boarding priority and enhanced temperature-controlled storage access.

“We’re excited to partner with United Cargo. Healthcare companies can access the Pegasus ULD more readily thanks to United Cargo’s extensive global network of temperature control logistics stations in the US and around the world,” said Bourji Mourad, who heads Logistics and Partner Management for Sonoco ThermoSafe’s Bulk Rental Group.

“United Cargo is pleased to offer the Pegasus ULD to our customers and provide them with even more options to transport their temperature-controlled shipments all over the world. Our extensive cold chain shipping solutions, combined with the introduction of this sustainable and efficient container into our service offerings, demonstrate our mutual commitment to the safe and efficient transport of these critical shipments,” explains Manu Jacobs, Managing Director of Specialty Products at United Cargo.

About Sonoco ThermoSafe

Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), is one of the largest global providers of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines and other temperature-sensitive products. Sonoco ThermoSafe shipping solutions mitigate risk for customers and ensure product efficacy throughout the extremes of a supply chain. With operations in the Americas, Europe and Asia, Sonoco ThermoSafe has a vast product offering featuring industry-leading technology that encompasses refrigerated, frozen or controlled room temperature applications. In addition, Sonoco ThermoSafe's ISC Labs® deliver individualized design and testing services and innovative packaging solutions along with qualification and validation services to meet all regulatory requirements. More information can be found at .

About Sonoco

Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging. With annualized net sales of approximately $5.6 billion, the Company has approximately 22,000 employees working in more than 300 operations in 32 countries, serving some of the world’s best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company was ranked first in the Packaging Sector on Fortune’s World’s Most Admired Companies for 2022 as well as being included in Barron’s 100 Most Sustainable Companies for the third-consecutive year. For more information, visit .



Contact: Lisa Weeks
843-383-7524 
 
EN
26/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sonoco Products Company

 PRESS RELEASE

Sonoco Provides Investors with Strategy and Financial Update

Sonoco Provides Investors with Strategy and Financial Update HARTSVLLE, S.C., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable metal and paper packaging, today hosted an Investor Day in which it provided investors with an update on its value creation strategy, financial targets and capital allocation plan, led by President and Chief Executive Officer Howard Coker and members of the senior leadership team. 2026-2028 Financial Targets and Capital Allocation Priorities During its Investor Day, Sonoc...

 PRESS RELEASE

Sonoco Reports Fourth Quarter and Full Year 2025 Results

Sonoco Reports Fourth Quarter and Full Year 2025 Results Company Hosting New York Investor Day Meeting February 17th HARTSVILLE, S.C., Feb. 16, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for the fourth quarter and full year ended December 31, 2025. Summary: Grew fourth quarter net sales to $1.8 billion, up 29.7% from the prior-year quarter, primarily from acquisition activityReported fourth quarter U.S. generally accepted accounting principles (“GAAP”) ...

 PRESS RELEASE

Sonoco Named to FORTUNE’s World’s Most Admired™ List

Sonoco Named to FORTUNE’s World’s Most Admired™ List Company also receives America’s Most Responsible Designation HARTSVILLE, S.C., Feb. 16, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, has again been included on FORTUNE’s World’s Most Admired Companies™ List, ranking first in Innovation and overall, third in the Packaging category. Sonoco also ranked second in the following categories: use of corporate assets, financial soundness, long-term investment and global competitiveness. “We are honored to once again be reco...

 PRESS RELEASE

Craig L. Nix Appointed to Sonoco Board of Directors

Craig L. Nix Appointed to Sonoco Board of Directors HARTSVILLE, S.C., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that, Craig L. Nix, CPA has been appointed to its Board of Directors (the “Board”). Mr. Nix serves as Chief Financial Officer of First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 financial institution and the largest family-controlled bank in the United States, based in Raleigh, N.C. At First Citizens, he is responsible for all corporate finance ...

 PRESS RELEASE

Sonoco Declares Regular Quarterly Common Stock Dividend

Sonoco Declares Regular Quarterly Common Stock Dividend HARTSVILLE, S.C., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.53 per share quarterly common stock dividend. This dividend will be paid on March 10, 2026, to shareholders of record as of February 25, 2026. According to Howard Coker, President and Chief Executive Officer, this is the 403rd consecutive quarter and 100th year dating back to 1925, that Sonoco has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its annualized dividend. Based on...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch