Brambles Trading Announcement Highlights Pallet Challenges in the USA for CHEP, Stock Tumbles - May 22, 2026
With supply challenges related to repair operator issues, higher quality demands from customers and U.S. volume picking up, Brambles cited these factors leading to service level interruptions and higher costs for CHEP in the quarter. As such, the company projected that it would not meet profit targets for the period.; California Packaging Waste Regulations Recognize Reusability of Wood Pallets: The good news is that the subsequent guidance issued by CalRecycle, the agency that oversees the application of the law, specifically recognized wood pallets as reusable and thereby excluded from the law.; News in Brief: Federal prosecutors have charged Angel David Rosen, the owner of Affordable Pallet in Cleveland, Ohio, with conspiring to defraud a customer, U.S. Cotton.; Auction: WoodRing June 1st - 9 AM ET. This auction offers a unique opportunity to purchase high-quality, fresh cut, notched #1 grade pallet stringers by the truckload. With multiple truckloads available, it's an excellent chance to secure bulk quantities at competitive prices. This virtual absolute auction provides a convenient and efficient way for buyers to meet their lumber needs. Located at various locations so be sure to Call Jonathon (574) 821-7530 for full location details.
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