State of Freight – Transportation Trends Point to Tough Headwinds in 2023 - Dec 9, 2022 

The pallet sector remains somewhat flat in terms of demand, probably buoyed by seasonal activity related to Christmas. Some believe the pallet market lags the transportation sector. Since the fourth quarter has been so difficult for freight, that trend raises serious questions about activity in the first quarter of 2023 for pallets.; Brambles Sells CHEP China to Competitor, Loscam China: This sale allows Brambles to share some in the China market without having to fight it out against Loscam. Instead of competing against each other, the combined entity can now work to establish a bigger presence in the Chinese supply chain.; NEWS IN BRIEF: 48forty Solutions has acquired Dependable Pallet Logistics.; Millwood, Inc. has bought Southworth Wood Products.