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Trucking Industry Report Indicates Surging International Container Volumes – Tightening Freight Market - Aug 28, 2024
Major boosts in international container traffic suggest that demand will be up this holiday season for trucking and domestic transportation. The last year has been marked by extra capacity leaving the market as truckers retire or look for other, more lucrative positions.; Brambles Reports Strong Cashflow Growth, Foresees Better Sales Growth Next Year: While the company saw lower prices in terms of lumber, freight and fuel, labor remains an inflationary concern. Looking at ways to alleviate high labor costs, Brambles continued its efforts to automate repair facilities.; Pallet Profile and Recycle Record Offers Riders and Enterprise Licenses: Industrial Reporting Inc. (IRI) offers a number of ways to help subscribers extend the benefits of our industry-leading reporting. There are two easy ways to extend this content to more people in your organization.; Recycle Bits: BC Wood Products of Virginia recently bought American Pallet Inc. PECO Pallet Inc. just received a bronze sustainability rating. more...
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Brambles Reports Strong Cashflow Growth, Foresees Better Sales Growth Next Year - Aug 23, 2024
The results this year are marked by the company doing more to improve asset utilization, reducing pallet losses and optimizing pricing to actually reflect the cost to serve each client.; PECO Pallet Recognized with Bronze Sustainability Rating: The company received this rating due to its focus on active recycling programs, environmental stewardship, and responsible use practices to preserve natural resources, with a goal to reduce waste and reuse as much as possible. more...
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U.S. Review Significantly Increases Softwood Lumber Duties on Canadian Lumber - Aug 15, 2024
The rates recently announced are larger than expected. The new combined duty rate that will apply to most Canadian softwood lumber exports is 14.54% compared to the previous rate of 8.05% from the fourth administrative reviews.; Is ISPM-15 Working? While the international regulation approach is far from perfect, overall, it has proven effective to reduce the amount of pests in SWPM. more...
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Trucking Industry Report Indicates Surging International Container Volumes, Tightening Freight Market - Aug 9, 2024
This suggests that this year’s holiday season may require more pallets than last year’s holiday season, which wasn’t particularly impressive compared to volumes achieved during the pandemic. Overall, the truck sector looks to be coming out of its two-year recession. But that could change quickly depending on larger economic factors.; Hardwood Federation Issues Fall Update on Key Legislation: Key provisions for the hardwood industry include topics such as: Double funding for USDA’s export promotion programs, Biomass, Workforce, as well as: Second Opportunity to Affirm Biomass as Carbon Neutral, Hardwood Access Bill, Stalled Port Negotiations Threaten Supply Chains, Senate Rejects Tax Relief Bill, and Tax Incentives for Biomass. more...
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BC Wood Products Acquires American Pallet Inc., Adds Recycling Capabilities - Aug 2, 2024
This move helps diversify the business and creates synergies in overlapping markets. The two companies share some similar accounts and had worked together in the past.; Allegheny Wood Products to Sell Off Assets: These sales are part of a court-appointed receivership to pay off a $40 million loan owed to United Bank. Assets are being sold off to pay the loan.; CSafe Launches Reusable Silverpod Pallet Shipper for Pharma Shipments: The Silverpod MAX RE is made of fully reusable components and recyclable (phase change material) refrigerants. Keeping products safe and maintained in specific conditions is critical for the efficacy of many medicines. more...
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Editor’s Soapbox: Wall Street Journal Misses the Mark on CHEP Pallet Story - Jul 30, 2024
It missed some of the key issues involving proprietary pallets, such as exploring why CHEP loses so many pallets and the economic burden handling these pallets puts on recyclers.; Employee Dispute Leads to Shooting at Mississippi Pallet Plant: What are the lessons? Workplace violence can erupt almost anywhere, especially as people are stressed by many factors including those that don’t occur at the workplace.; Brambles Makes Leadership Change at CHEP: CHEP faces some strong financial headwinds due to the contraction of its business connected to major retail accounts as consumer spending stalls.; PalletTrader Launches Integrated Pallet Sell-Off Program: This enhancement transforms how businesses manage pallet inventories, offering unprecedented visibility and cost savings across supply chains big and small. more...
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PalletTrader Launches Integrated Pallet Sell-Off Program - Jul 26, 2024
With the updated offering, businesses managed under PalletTrader+ can effortlessly manage direct sales and pickups of pallets to PalletTrader and primary buyers through a single, streamlined system.; The Pallet Book Launches Seeking to Transform Pallet Management in Canada: The Pallet Book looks to provide data and information to pallet customers as well as have free access to client and supplier portals, where they can place online orders. The Pallet Book is offering brokerage services for both new and used pallets.; Brambles Makes Leadership Change at CHEP: CHEP faces some strong financial headwinds due to the volume contraction of its business connected to major retail accounts as consumer spending stalls. more...
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Private Equity Firms Invest in Hinton Lumber - Jul 19, 2024
Hinton Lumber recently became one of only a few companies in the United States that is licensed to produce official EPAL pallets. Automation and growth require investment and this partnership will help the pallet company pursue its strategy of focusing on high-volume customers with strict quality standards.; OSHA Unveils Draft Indoor/Outdoor Heat Stress Rule: The proposed new rule covers general duty employers including pallet and lumber facilities. It requires employers to develop an injury and illness prevention plan to control heat hazards in workplaces affected by excessive heat. more...
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Employee Dispute Leads to Shooting at Mississippi Pallet Plant - Jul 12, 2024
The victim was airlifted to a Memphis hospital. Police found the alleged shooter walking on a road not far from the plant. The suspect is now in police custody.; Tie Market Demand Revised Upward Or Is It? The Railway Tie Association (RTA) increased its projected 2024 tie demand forecast based on the growing economy, but the revision may fizzle if consumer spending starts to pull back.; Third Quarter Regional Lumber Trends: These graphs illustrate the average lumber prices published within each region over the past year. more...
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Heat Stress Regulation Adopted in California, National Indoor Rule Goes to White House - Jun 28, 2024
These regulations trigger various responses when indoor temperatures reach various levels. When indoor temperatures hit 82 degrees Fahrenheit, California employers will be required to provide workers with cool places to take breaks.; Va Tech to Offer Second Crate Design Course This Fall: The second course will be held August 27-29th, 2024 in Blacksburg, Virginia near the Virginia Tech campus. The Wooden Crate Design and Performance short course is a 2.5-day, in-person course.; Summer 2024 Publishing Break: The staff of the Pallet Profile will not publish an issue next week (July 5th). The Profile will publish its next issue on July 12th. Thanks for your understanding as our team takes some time to recharge. more...
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