MAY 26, 2023
Sonoco ThermoSafe and Cargolux Airlines Sign Global Master Lease Agreement
ARLINGTON HEIGHTS, ILL., U.S. – Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) one of the largest global providers of temperature assurance packaging, and Cargolux, a global cargo-only global airline based in Luxembourg, are pleased to announce a global partnership lease agreement for the new Pegasus ULD® passive temperature-controlled air freight shipping container.
Sonoco ThermoSafe’s Pegasus ULD® will be offered through Cargolux’s selection of air freight pharma shipping solutions and services. 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. The Pegasus is also the world’s first FAA and EASA-approved advanced passive bulk temperature-controlled ULD container for pharmaceutical use, outfitted with real-time tracking and temperature-measuring capabilities.
“We are delighted to partner with Cargolux to offer the unique Pegasus ULD to their healthcare customers looking for an alternative to sustainably ship temperature sensitive products around the globe. Cargolux is our only cargo-only airline partner and we’re excited this will bring great opportunity”, said Bourji Mourad, Director Logistics and Partner Management for Sonoco ThermoSafe’s Bulk Rental Group.
Cargolux’s CV Pharma program and tiered services provide dedicated pharma experts including GDP certified aircraft and facilities that handle temperature sensitive cargo end-to-end through their close-knit logistics processes. As a cargo-only airline, Cargolux offers no tarmac time at their main LUX hub.
“We look forward to offering the Pegasus ULD as a simple, sustainable solution to customers. Because the container is a ULD, there is no need for extra handling such as nets or straps, making the cargo handling processes simpler”, explains Domenico Ceci , Executive VP Sales& Marketing at Cargolux Airlines.
About Sonoco ThermoSafe
Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), 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 www.thermosafe.com.
About Sonoco
Founded in 1899, Sonoco (NYSE:SON) is a global provider of consumer, industrial, healthcare and protective packaging. With net sales of approximately $5.6 billion in 2021, 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 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 fourth-consecutive year. For more information on the Company, visit our website at www.sonoco.com.