Pallet Profile

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Brambles Faces Two Class Action Investor Lawsuits - Aug 17, 2018
Angry investors claim that the company withheld information about its true financial position for the fiscal year 2017, and that they lost millions in shareholder value after the company was forced to revise its profit estimates for FY2017.; Hardwood Trade Association Calls for Industry Action: Before the proposed Chinese tariffs were announced, prices had dropped dramatically on certain species. Now that China has officially announced proposed tariffs on hardwood lumber, the prices have dropped even more.; Denver Pallet Employee Workshop Adds Speaker: The Kingdom Business Workshop has added Ben Ortlip, who is an expert on developing better company cultures and employee retention. Ortlip has worked with some of the top brands and employers in America including. more...
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China Targets U.S. Hardwoods for Retaliatory Tariffs - Aug 10, 2018
It is projected that the hardwood tariffs would take effect in early October unless the trade war subsides. The hardwood sector is lobbying Congress to try to get some help.; RISI Acquires Random Lengths Softwood Report: Founded in 1944, Random Lengths provides market reporting primarily on the North American softwood lumber and panels markets, publishing over 1,500 prices each week. more...
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Recyclers Plead Guilty in Postal Pallet Scheme - Aug 3, 2018
The two conspirators were sentenced to two years in federal prison and have been ordered to pay $3.4 million in restitution.; PE Video Guide Offers Best of Web: The Web Extra page runs every issue in the print magazine and can be accessed online at the www.palletenterprise.com.; SFI Releases Report, Provides Good Industry Statistics: It has recently released its latest report titled “Forests Are the Answer,” and is a good read for the lumber and pallet industries.; News in Brief: The Animal and Plant Health Inspection Service (APHIS) added the entire state of Vermont to the quarantine area for the emerald ash borer (EAB). CHEP recently released a customer case study which highlights its relationship with SAQ, the government corporation responsible for the trade of alcoholic beverages in Quebec, Canada. more...
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Pallet Business Workshop Focuses on Employees and Business Culture - Jul 27, 2018
While the event will cover Biblical principles to run a better business, it is open to any and all executives and managers in the pallet industry, not just those who have a strong Christian faith.; OSHA Cites Pallet Company, Highlights Carbon Monoxide Issue: After ten employees required medical treatment for exposure, the company faces more than $200,000 in fines. more...
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Arsonist Attacks Pallet Plant in Modesto - Two Times in One Day - Jul 27, 2018
Surveillance footage has caught a suspect on tape trying to throw a flaming object at stacks of pallets at a Modesto, California facility. It is unclear if the fires in the two California regions are connected because they are about six hours apart.; Firm Invests in 48forty Solutions: Private investment interest in the pallet sector has grown over the last five years as a number of investment firms have acquired full or partial ownership of some major pallet players. more...
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Trucking Rates Up; Changes Looming - Jul 20, 2018
The transportation industry continues to experience large rate increases for freight services. Tight capacity and rising demand continue to put upward pressure on rates.; Time to Comply with Digital OSHA Recordkeeping Rule: Many businesses have yet to make their environmental, health and safety records available digitally, and at risk of significant fines. more...
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Arsonist Attacks Pallet Plant in Modesto Two Times in One Day - Jul 13, 2018
It is unclear if the fires in the two California regions are connected because they are about six hours apart. However, these incidents underline the importance of proper security measures in a company’s fire prevention plans.; Firm Invests in 48forty Solutions: Private investment interest in the pallet sector has grown over the last five years as a number of investment firms have acquired full or partial ownership of some major pallet players.; Profile Regional Lumber Trends: For each hardwood region, the hardwood cant price represents an average of hardwood cant prices for the states included in the region. more...
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New Tariffs on Steel Are Directly Impacting Nail Prices, U.S. Providers - Jun 29, 2018
According to George Skarich, vice president of sales and marketing for Mid-Continent Steel and Wire, the steel tariffs has caused the company to lose significant orders, particularly in the construction market, and has forced it to lay off 60 workers.; Letter to the Publisher: Not all brokers are created equal. There are good and bad ones, just like with pallet manufacturers or recyclers. The primary point of the section on brokers was to cover the growth of their impact on the industry.; Virginia Tech Offers Fall Courses to Improve Packaging Design: Pallet Design for the 21st Century” is taking place August 21-23 at Brooks Forest Products Center on the Virginia Tech campus. This intensive three-day short course will teach techniques that pallet designers can use to save money when designing pallets. more...
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Trump Trade Policy Series: Mid-Continent Lays Off 60 People, Impacted by Steel and Wire Tariffs - Jun 29, 2018
It has been reported that more layoffs could come in the future and all 500 employees could lose their jobs by Labor Day in a statement made by Senator Claire McCaskill.; Pallet Profile Summer Schedule, No Issue the First Week of July: The staff of the Profile has decided to only publish 50 weeks out of the year, and will not publish the first week of July. Instead, the first issue of July will be published on July 13th. more...
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Trump Trade Policy Series: Lumber Wars and Trade Barriers - Jun 22, 2018
As renegotiations of the North American Free Trade Agreement (NAFTA) have gone nowhere, it seems that the U.S. industry is in a protracted state where a new Softwood Lumber Agreement (SLA) seems like a distant dream.; Pallet Profile Summer Schedule, No Issue the First Week of July: The staff of the Profile has decided to only publish 50 weeks out of the year, and will not publish the first week of July. Instead, the first issue of July will be published on July 13th not July 6th.; Virginia Tech Offers Fall Courses for the Industry to Improve Packaging Design Capabilities: "Pallet Design for the 21st Century" is taking place August 21-23 at Brooks Forest Products Center on the Virginia Tech campus. This intensive three-day short course will teach techniques that pallet designers can use to save money when designing pallets. more...
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