Brambles Profitability Jumps Thanks to Price Increases - Mar 10, 2023
Higher pricing has helped the rental giant recover margin lost over the last two years. Underlying profit increased 25.1% including a 7% benefit from deferred plant and transport costs due to lower pallet return rates and a 2% benefit from one-off insurance proceeds.; Olympic Forest Products Acquires Jacob A Weaver Co.: The deal was brokered late last year and includes the Cochranton, Pennsylvania plant. The purchase further expands Olympic’s manufacturing operations and allows it to service its national client base with even greater efficiency.
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