Brambles Announces Strong Results; Discusses Pandemic Challenges - Aug 25, 2021
In one of the craziest lumber markets ever, CHEP’s pricing mechanisms have worked to keep the company profitable. In the United States, the rental giant did take a hit to its reliability reputation as the company struggled to supply customers especially in the ag sector. CHEP’s network and supply was put to the test this past fiscal year.; Diesel Prices Continue to Rise, Hope of Greater OPEC Production Should Help Supply Crunch: According to the U.S. Energy Information Administration prediction, "Expect that prices will fall to $2.82/gal, on average, in 4Q21.; OSHA Releases New COVID-19 Guidance for Employers: The agency recommends that fully vaccinated workers who have close contacts with people with coronavirus wear masks for up to 14 days unless they have a negative coronavirus test at least 3-5 days after such contact.; Recycle Bits: Walmart Inc. is adopting an automated pallet-packing system that it has been testing in 25 of its 42 regional distribution centers.
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