Case Study: Choice Canning Company achieves $330,000 in annual savings with Pitney Bowes

Freeze out high prices and free-up cash

Choice Canning Company, a division of Choice Trading Corporation in India, needed a more cost-effective way to move goods between its production line, cold storage, and an international shipping port. It was relying on short-term refrigerated trailer rentals and third-party refrigerated transport, which drove up costs and tied up cash. Pitney Bowes Bank was brought in to help address the financing challenge.

Pitney Bowes implemented a capital lease structure for the refrigerated equipment, allowing Choice Canning to handle port transportation itself and reduce dependence on third-party freight. The result was significant savings: $3,000 per month from the long-term lease, $25,000 per month in freight savings, and $330,000 in annual savings.

Choice Canning Company

Alok Modani

Chief Financial Officer