- Sonoco Products Co (NYSE: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.
What’s Happening With Virgin Galactic Shares?
Virgin Galactic shares are trading lower by 5.6% to $0.86 during Wednesday's session. The company recently announced it is contemplating a reverse stock split, potentially at a ratio between 1-for-2 and 1-for-20.
