48forty Solutions Acquires Relogistics, Creates Formidable Recycling Competitor - May 25, 2021
Significant mergers and acquisition (M&A) activity in the pallet industry is leading to consolidation among larger players. The Record hears that at least one more major deal with a larger recycler is in the works. This raises the question, “What should recyclers do as the big guys get bigger?”: Summer 2021 White Paper Released: Beyond the price, many pallet users are scurrying to secure supply in a market when demand far exceeds supply. To explain recent market events, the staff of the Pallet Profile and Recycle Record has developed a Summer 2021 White Paper for subscribers to share with their pallet customers.; CHEP Reports Quarterly Results, Network Strained, Sends Agriculture Customers Scrambling: The United Fresh Produce Association (UFPA) has issued a letter to its members warning about a pallet shortage that is affecting the agriculture sector. The UFPA is the major trade group in the United States for the fresh produce sector. The UFPA warned that “pallet shortages are putting the supply of fresh produce at risk.”; Recycle Bits: Automated Machine Systems (AMS), a leading supplier of pallet recycling equipment and software systems, has launched a $1.5 million expansion for its headquarters.
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