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U.S. Housing Starts Surge Higher Than Expected - Jun 23, 2023
Expert opinion is mixed on the real implications of the latest new construction numbers. There is still a lack of housing in many markets, and young families want to move into more long-term, single-family units if they can afford it. A major factor remains the impact of higher interest rates. Even though the Fed skipped raising interest rates this month, many believe rate increases will continue in the near future.; The McCown Report: Container Volume Analysis: May was the fourth worst year-over-year decline in memory. The prior pandemic volume spikes are driving the decreases. more...
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Manufacturing Outlook Signals Continued Rough Conditions Ahead - Jun 16, 2023
One of the biggest challenges still facing manufacturers is locating skilled labor. Some good news, a majority of respondents anticipate that supply chain disruptions had either already abated or would do so in the current quarter. Most key indicators are down, suggesting that the manufacturing economy will continue to struggle throughout the year.; WPA to Offer Economic Analysis in June Webinar: On June 22nd at 1:00 p.m. (PDT) Chaille Brindley will speak on “Ripple Effects: A review of economic indicators evaluating the potential impact on current and short-term pallet activity.” more...
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48forty Solutions Acquires Taylor Pallets & Recycling - Jun 9, 2023
Taylor is the largest pallet recycler in South Carolina. The company specializes in recycled, new, and custom-built pallets for customers in South Carolina, Georgia and North Carolina.; WPA Set to Launch Online Learning Platform: Pallet University is set to offer its first certificate course in July, Wood Pallet Fundamentals, designed to equip participants with in-depth knowledge about wood pallets and critical processes in pallet operations.; NEWS IN BRIEF: The U.S. Forest Service has is requesting feedback from stakeholders on Executive Order 14072.; PalletTrader.com, an online platform dedicated to buying and selling pallets, is on track to process one million pallets. more...
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PalletOne Moves Forward with New Concierge Service Made Possible by Largest National Network - Jun 2, 2023
This service provides customers a dedicated pallet solutions expert to streamline procurement and resolve supply issues nationwide through the first wholly-owned, coast-to-coast pallet supply network. Rather than being forced to contact several vendors, customers can supply multiple plants and locations with one provider and contact.; WPA to Offer Economic Analysis in June Webinar: The webinar is free to any WPA member. On June 22nd at 1:00 p.m. (PDT) Chaille Brindley will speak about the health and short-term future of the U.S. economy. Millwood, Inc. Opens First Location in Alabama: Millwood welcomed 20 new team members to the family including a facility chaplain.; PRODUCTION OVERRUN: Available for Purchase and Immediate Shipment: Engineered Extruded Wood Pallet Blocks. more...
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Trucking Recession Continues, What Does It Suggest About the Broader Economy? - May 26, 2023
The trucking industry is generally considered a good bellwether for overall economic activity. What happened in the trucking sector can also be reflected in other parts of the supply chain, including pallets. What is clear is that any potential downturn is the perfect time to prepare for a recovery and growth period. Smart pallet companies will work to improve operations and efficiency.; Fire at Oak Creek Wood Products Caused Significant Damage: There were no injuries due to the fire or the firefighting efforts. And the assistant fire chief suggested that no foul play is suspected at this time. The blaze started in a mulch pile. more...
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Trucking Recession Continues; What Does It Suggest About the Broader Economy? - May 26, 2023
The trucking industry is generally considered a good bellwether for overall economic activity. What is clear is that any potential downturn is the perfect time to prepare for a recovery and growth period. Smart pallet companies will work to improve operations and efficiency.; RPA Seeks Input on Packaging Survey: The focus is to identify trends shaping the transport industry. Respondents are users of reusable packaging, manufacturers and service providers/poolers.; Recycle Bits: An Ohio appeals court sided with Ohio Bureau of Workers’ Compensation against Aero Pallets Inc. over a dispute. A 48forty Solutions LLC pallet facility in Lubbock County recently had another pallet fire. Millwood, Inc. recently added a 38th location. OSHA has initiated a new campaign to prevent workplace falls. A massive fire at Oak Creek Wood Products in Wisconsin started in a mulch pile. EXPO Richmond is moving locations and changing times. The Hardwood Federation turned to annual appropriations to promote a USDA study that will quantify the amount of carbon stored in wood products. more...
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Interpal 2023 Scheduled for October in Montreal - May 19, 2023
The pallet industry is coming together in Montreal, Canada for Interpal 2023 from October 3-5th. This is a member-only event (members of NWPCA, CWPCA and FEFPEB).; NEWS IN BRIEF: A pallet company asserted it was not liable for a workers' compensation claim because the incident occurred in 2016 to a separate company. The Hardwood Federation turned to annual appropriations to promote a USDA study that will quantify the amount of carbon stored in wood products. NC State University is putting on a hardwood drying short course from July 25 - 28, 2023. A 48forty Solutions LLC pallet facility in southeast Lubbock County recently had another pallet fire.; NWPCA Fire Code Webinar: This webinar is free to the public, but registration is required. It will be held on May 31st via Zoom from 1:30 - 2:00 pm (EST).; AUCTION: Virtual Consignment Auction, ONLINE ONLY. www.AssociatedAuction.com/www.bidOnline. Thursday, June 1st, 2023 - 9am CT. HUGE Auction with Equipment in AL, GA, MN, MO, PA, NY, TN, WI. more...
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Logistics Managers’ Index Signals Concern for Freight Markets, Supply Chain Volumes - May 12, 2023
Retailers are continuing to work to destock and improve their inventory balances. This has led to more used pallets being released back into the market as well as a drop in pallet demand as these same retailers have cut back on efforts to replenish their supply chains.; OSHA Announced a New Focus on Fall Prevention: OSHA requires that fall protection be provided at elevations of four feet in general industry workplaces. In addition, OSHA requires that fall protection be provided when working over dangerous equipment and machinery, regardless of the fall distance. more...
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EXPO Richmond 2024 Announces Important Changes - May 5, 2023
The VFPA and Virginia Tech are moving the 2024 East Coast Sawmill, Logging and Pallet Equipment Exposition (EXPO Richmond) from the Richmond Raceway Complex to the Meadow Event Park in Doswell, Virginia. As part of the venue change, the show will be held a month earlier from April 12-13, 2024.; CAL OSHA Releases New Heat Standard: This standard, which could be adopted in the summer or fall of 2023 applies to any indoor work area in California where the temperature equals or exceeds 82 degrees Fahrenheit when employees are present.; Biden-Harris Administration Invests in Forest Products Sector: This investment supports a crucial link between resilient, healthy forests and strong rural economies and jobs in the forestry sector, especially in communities that depend on national forests and grasslands to grow and thrive. more...
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Brambles Reports Higher Revenue on Price Increases, Pallet Returns Increasing But Slowly - Apr 27, 2023
Over the last nine months, the company has raised prices by 19% in North America. In addition, the rental giant is still struggling to get back pallets being hoarded by retailers.; What’s Fact and Fiction in Wood Pallet’s Green Success Story? According to the NWPCA, the Environmental Product Declaration (EPD) is an engineered benchmark to quantify the environmental impact of wooden pallets. Think of it as comparable to a nutritional label for food products or LEED certification for buildings. more...
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