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PepsiCo Turkey, CEVA Logistics Enter New Contract Agreement for Cooler Management

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PepsiCo (PEP) Turkey has entered into a new contract with CEVA Logistics to manage the full lifecycle of its cooler equipment across the country, including maintenance, repair, technical services and refurbishment, CEVA Logistics said Monday.

CEVA Logistics will target the maintenance and refurbishment of 20,000 coolers annually, with equipment that cannot be repaired in the field sent to refurbishment centers, according to a statement.

The refurbishment process is expected to extend cooler lifespans by up to 10 years, CEVA Logistics said.

Price: $138.17, Change: $-2.63, Percent Change: -1.86%

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