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USITC Votes Against Countervailing Duties on Imported Pallet Nails - Sep 23, 2022
The Commission further voted to terminate the countervailing duty investigation concerning Sri Lanka nail imports. In response, imports from those countries are expected to significantly rise over the next six to nine months.; Researchers Seek Help with Wood Pallet Industry Survey: The survey results will be published in peer-reviewed journals to provide credibility. It will also be widely shared with the industry through industry publications, such as Pallet Enterprise. The aggregated results will be sent to anyone who completes the survey and requests a copy.; Kamps Inc. Acquires Northland Pallet Inc.: Northland Pallet has a thriving wooden pellet operation, nationally distributing the product created from compressed wood waste. The acquisition expands Kamps’ local presence in a key new market. more...
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48forty Solutions Acquires Innovative Data Systems, Guarantees Data Security for Customers - Sep 16, 2022
Nothing is going to change for IDS customers. It is business as usual. The company is as committed as ever to being a crucial data partner with its customers, including protecting the privacy of sensitive customer information.; Report Forecasts Significant Growth for U.S. Pallet Industry: The market for pallets is being driven by the growing popularity of online shopping in the United States, which is resulting in the wide adoption of pallets by large online retailers to store and transport their merchandise. more...
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Update on Federal Government Actions Affecting the Hardwood Sector - Sep 9, 2022
The U.S. Departments of Agriculture and the Interior published notice seeking public comment on the development of a “universal definition framework” for old growth and mature forests on federal land, setting the stage for a federal inventory for old growth and possible new restrictions on sustainable harvesting practices.; 48forty Solutions Acquires Pallet-Ops: The company’s services include pallet retrieval, lease pallet management, and pallet repair and return across the southwestern region of the United States. more...
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Mega Recyclers Acquire Facilities in Texas and Florida - Sep 2, 2022
The acquisition of TaylorMade brings PLA's asset network to 77 facilities and expands the company's capacity and service capabilities within the South Texas market. Kamps Inc. has added to its network in Florida by acquiring the Jacksonville, Florida location from Pallet Express Inc. in addition to All-State Pallets Company LLC, an Orlando-based pallet company..; Caring for Others in the Pallet Industry: David and Krista Lieber of Profile Technology and the entire Lieber family are stunned by the tragic loss of important family.; FEFPEB President Identifies Need for New Approaches to Attract Workers: Should the U.S. pallet industry do something similar? Is it time to revisit the tagline, “Pallets Move the World?,” and work on getting out the word through coordinated campaigns, websites and more? more...
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Nail Duties Could Impact Pallet Nail Market - Aug 26, 2022
The DOC has assessed duties on nail imports from India, Turkey, Thailand and Oman. Oman is the largest nail producer in the world, and the DOC’s recent decision could take Oman off the market as industry speculation is swirling that the Oman nail mills will shut down instead of pay outrageous duties.; PLA Opens New Pallet Management Facility: Conveniently located near a major transportation corridor in Houston, the facility will service customers in a 150-mile radius, and has been equipped with state-of-the-art automated sort and repair equipment. more...
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Nail Duties Could Impact Collated Fastener Availability - Aug 26, 2022
Pallet recyclers need to be aware that available supply and pricing may get worse. The big kicker was the huge spike in duties for Oman imports. Due to a filing misunderstanding with the DOC, the DOC decided to assess the maximum duty allowable of 154.33% based on the trade case petition.; 48forty Solutions Completes Acquisition of CALco Pallets: This acquisition further expands the company footprint in the Midwest and creates significant operational opportunities for 48forty, especially within the Chicago/Milwaukee market. more...
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Brambles Releases Fiscal Year Results, Snapshot of the Future - Aug 18, 2022
Brambles increased profits by 10% thanks to price increases and surcharges. Lumber and other inflationary pressures added significant cost to the bottom line too.; EPA Issues Boiler MACT Standard: These rules include some flexibility with respect to emissions from biomass boilers.; Fellowship of Christian Lumbermen Holds Weekly Prayer Calls: This conference call is free and open to anyone who wants to participate.; News In Brief: U.S consumer confidence reached near a 1.5 year low recently. more...
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Review Leads U.S. Trade Officials to Reduce Canadian Softwood Lumber Duties - Aug 12, 2022
This reduction comes as part of an annual review process conducted by the DOC on duties. While the Canadian government welcomed the reduction, Canadian officials stated that they intend to challenge the results of this review.; Wynnchurch Capital Buys FCA Packaging: FCA has developed a strong reputation serving blue-chip OEMs with pallet, crating and specialty packaging, and has a solid engineering and testing capability.; AUCTION: Formerly Central Wood Products, 1809 CR 1300E, Sullivan, IL 61951, Saturday, August 27th, 2022, 10am central time. more...
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U.S. Manufacturing Production Drops, Other Goods Figures Paint Complex Picture - Aug 5, 2022
Pallet companies are indicating that overall pallet demand is dropping somewhat although it is far from a crisis situation. Typically, this time of year pallet demand drops off in the summer and picks up again in the fall.; Dr. Marshall (Mark) White Purchases White and Company LLC: An agreement between the Ongweoweh leadership and Dr. White was finalized in June, making him the sole owner moving forward. Dr. White will retain his son, Braden, as managing director. more...
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Insights from Brambles Decision to Forgo a Costco Plastic Pallet Pool – Part 2 - Jul 29, 2022
CHEP admitted that plastic pallets offer some pooling advantages in terms of asset longevity, tracking to enhance supply chain visibility and transportation savings. But those benefits were not able to overcome the original purchase price, especially when CHEP could not obtain favorable pricing or use terms from customers.; NEWS IN BRIEF: U.S consumer confidence reached near a 1.5 year low. Safetylawyer.com recently reported that cannabidiol (CBD) products are triggering positive drug tests. more...
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