Ongweoweh Gambles Big on Composite Pallet - Jul 27, 2012
Ongweoweh's latest big move is to place an order for $300 million of composite pallets and related tracking technology over the next five years from Axios Mobile Assets Corp. iGPS Seeks Loan Repayment from Company Founder: Amid a legal battle brewing between Intelligent Global Pooling Systems (iGPS) and the company’s founder and former CEO, Bob Moore, is a series of loans allegedly made to Moore by the company totaling almost $2 million. Officials Crack Down on Alleged Pallet Theft: Officials recently arrested multiple individuals in connection with stolen pallets in two separate operations on different sides of the country. Supply Chain Growth Offers Opportunities: With rapid growth in the supply chain industry expected to continue throughout the decade, now is a good time for companies to explore opportunities for growth that are available. Recycle Bits: Greystone Logistics reported record revenues and earnings for the corporate year ending May 31, 2012; Both CHEP and Loscam recently joined the Australian Logistics Council (ALC); Shiloh Produce Inc., a leading packer and shipper of onions, has extended its contract for shipping platform services with CHEP; Spara LLC. of Lexington, Ken. has acquired TriEnda, a custom thermoformer and plastic pallet manufacturer; A fire at an Ohio pallet company recently destroyed a production building and equipment.
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