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Global Issues Could Impact Domestic Supply - Mar 5, 2021
Over the last two decades, China has become an even larger buyer on the global wood market since the nation reduced its use of domestic logs and timber to preserve forests. Both the United States and Russia have become major suppliers of wood material (including logs and lumber) to China. However, Russia may ban the export of softwood logs and high-value hardwood logs by the end of 2021.; SLB Increases Assessment Rate: These funds are used for softwood lumber research, innovation, promotion, consumer education and industry information. Checkoffs are designed to boost markets for agricultural products.; Hurricane Michael Remnants Pose Wildfire Dangers Years Later: An estimated 550 million trees in Florida, weighing 72 million tons, were damaged or destroyed by the storm.; NEWS IN BRIEF: EPAL recently reported that its Euro pallets are being used to safely transport coronavirus vaccines throughout Europe. more...
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CHEP Develops Plastic Pallet Trial for Costco, No Roll Out Planned Yet - Feb 25, 2021
The challenges are clear. A plastic pallet is at least three times the cost of a quality wooden pooled pallet. While there are some system benefits to plastic, somebody has to be willing to pay for the higher-priced asset.; Price Increases Show U.S. Trends Mirrored in Europe: European lumber producers have increased shipments to the United States given the skyrocketing lumber prices here. more...
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Nail Prices Rise Pushed by Steel Spikes and Shipping Challenges - Feb 23, 2021
The primary drivers are rising steel costs in conjunction with skyrocketing international freight costs. Besides just rising steel costs, importers are facing shipping challenges and unparalleled freight cost hikes.; Recycle Record Launches New Logo and Design: This is the first step of a plan to better refresh the brands, integrate the websites and prepare for a new website launch in 2021.;Brambles Results Strong Pallet Demand, CHEP Institutes Customer Surcharges: One very interesting development over the last few years is Costco pushing for a rental plastic pallet program with CHEP.; Do Your Employees Have Grit? Start thinking about core values, recognition and how pallet companies can work to produce a better culture. more...
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Pallet Industry Meetings and Events Scheduled for 2021 - Feb 19, 2021
While the events could be impacted by new outbreaks or local ordinances, it is still a good idea to develop a game plan and register for any event you would like to attend. Event sponsors and hotels are providing liberal refund policies in most cases. Be sure to check first when registering.; Pallet Profile Launches New Logo and Design: As part of a plan to better refresh the brands, integrate the websites and prepare for a new website launch in 2021, Pallet Profile and Recycle Record have both launched new color schemes, logos and designs for the print and online publications. more...
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First Year Outlook for Key Policy Considerations in the Biden-Harris Administration - Feb 12, 2021
It looks like a mixed bag with some positives and negatives. The first priority is getting its cabinet passed through Congress and installed. Then comes additional COVID relief followed by climate change legislation.; Top 10 Softwood Lumber Producers List: Forisk Consulting Inc. has published its list of top lumber producers in the United States. A number of these are Canadian companies that have bought up capacity in this country. more...
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Nail Prices Rise Pushed by Steel Spikes and Shipping Demands - Feb 5, 2021
Besides just rising steel costs, importers are facing shipping challenges and unparalleled freight cost hikes.; Large Building Materials Distributor Acquires Villaume Industries: Although it does produce some pallets and specialty crating, the company primarily services the construction market with its wood truss manufacturing expertise. more...
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FCA Packaging Acquires Timber Creek Resource - Jan 29, 2021
Steve Everett, Jr., president of Timber Creek, said the company started a search process over a year ago to help its founder Gary LeMaster, transition into retirement and new ventures.; Study Shows Hygienic Benefits of Wood Surfaces: Based on a research project conducted by universities in Eastern Finland, the initial tests suggest that the contagiousness of coronaviruses decreases much more rapidly on a wooden surface compared to other materials. more...
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Greenway to Open New Facility in Baltimore, Shares Lessons on Developing a New Location - Jan 22, 2021
The new location should be fully operational by March and will produce over 20,000 pallets per week. Some existing business contacts provided a basic book of business to help launch the facility, and it fits into the company’s plan to grow stronger in the region.; Winter 2021 White Paper Special Report: The new year has started out with a bang. Both softwood and hardwood are showing signs of tremendous price pressure. To explain recent market events, the staff of the Pallet Profile has developed a two-page White Paper for subscribers to share with their pallet customers. more...
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Greenway Announces New Facility in Baltimore, Shares Lessons on Plant Startup - Jan 22, 2021
It is expected to be fully operational in March. The new plant will produce over 20,000 pallets per week and will augment existing facilities in New York and New Jersey, and it fits into the company’s plan to grow stronger in the region.; Winter 2021 White Paper Special Report: Tremendous price pressure is pushing prices for low-grade lumber up. This is further complicating efforts by recyclers to obtain lumber for repair operations. Many recyclers are doing whatever they can to process and obtain recycled lumber.; Recycle Bits: A measure of U.S. manufacturing expanded in December at the fastest pace in more than two years. OSHA is currently accepting electronic submission of Form 300A. Paramount Pallet has opened the largest recycling facility in Canada. Congress passed the second coronavirus stimulus package. more...
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Continued Strong Demand Coupled with Low Availability and Mill Output Lead to Soaring Prices Entering 2021 - Jan 19, 2021
Once again, the hardwood and softwood markets appear to be on course to reach historic high prices. more...
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