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UFP Industries Acquires C&L Wood Products, Expands Capacity in Northern Alabama and Central Tennessee - Jan 10, 2025
C&L has a scragg mill and can process a wide variety of lumber material from hardwood to softwood. The company also has access to significant timber supply in the region. Many of the UFP plants in the region focus more on reman and crating operations. C&L provides the company greater options when it comes to automated nailing and lumber processing.; Container Volume Activity Remains Strong to End the Year: For the eleven month year to date period, inbound loads are up to 15.2% or more than three times the 4.7% growth in outbound loads over that same period. The report noted the coastal switch that took place due to the uncertainty of the East/Gulf Coast labor situation and potential dock worker strikes. more...
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Port Strike Looms – What Impact Could It Have on Pallet Demand? - Jan 3, 2025
It appears a strike is likely because the debate over automation is a major concern for both sides. The ILA doesn’t want to lose jobs to automated scanning, loading and handling equipment. The USMX recognizes the need to use automation to reduce costs and keep up with ports in Asia and Europe that already use these technologies.; NEWS IN BRIEF: USDA Secretary Tom Vilsack recently unveiled a new program to support American wood processing facilities.; Regional Lumber Price Trends: Quarterly graphs illustrate average lumber prices published within each region over the past year. more...
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Emerging Tech With Pallets and Materials Handling - Dec 20, 2024
More automation is likely to mean that pallet quality and maintaining tolerances and standards become a bigger deal in the present and especially the future.; No Profile Next Week! After the New Year, the Profile will resume its regular schedule and will be published again on January 3, 2025. Merry Christmas and Happy New Year to all of our readers! Trucking and Freight Trends for the End of 2024: The trucking sector is slowly improving after a significant freight recession. That appears to be the assessment from leading trucking and transportation reports and data sources as we approach the end of the year.; Trumponomics Special Report: We examine the economic and political impact of a second Trump administration on the overall forest products sector and specifically the pallet market. more...
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Trump Tariffs – The Good, the Bad, and the Unknown: Full Report - Dec 18, 2024
While many people in the pallet and lumber industries likely voted for Trump in the presidential election, there are a few areas of Trump’s economic agenda that could be problematic. Most notably are potential tariffs on goods going to trade partners that may seek retribution by putting duties on U.S. logs and lumber, especially hardwood lumber or logs heading to China. more...
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Trump Tariffs – The Good, the Bad, and the Unknown: Executive Summary - Dec 18, 2024
While many people in the pallet and lumber industries likely voted for Trump in the presidential election, there are a few areas of Trump’s economic agenda that could be problematic. Most notably are potential tariffs on goods going to trade partners that may seek retribution by putting duties on U.S. logs and lumber, especially hardwood lumber or logs heading to China. more...
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PalletTrader’s Third Quarter Report Shows Improving Optimism and Demand - Dec 13, 2024
This latest report breaks down key questions based on responses from suppliers and buyers. With the exception of some seasonal upticks, most participants believe pricing is expected to remain flat. One good piece of information is that after a glut of pallets caused by retailer destocking, respondents indicated that demand is increasing.; Southern Pine Exports Are Up Compared to 2023: By contrast, softwood imports are down 6.3% over September 2023 but up slightly 1.2% over August. Southern Pine exports between January and September 2024 are running 9% ahead of the same period in 2023.; Trumponomics Special Report: The basis for this special report is a series of articles covering the economic and political impact of a second Trump administration on the overall forest products sector and the pallet market. The report will go live in the next week. more...
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PalletTrader’s Third Quarter Report Shows Improving Optimism, Demand - Dec 13, 2024
This latest report breaks down key questions based on responses from suppliers and buyers. With the exception of some seasonal upticks, most participants believe pricing is expected to remain flat. One good piece of information is that after a glut of pallets caused by retailer destocking, respondents indicated that demand is increasing.; Are Wood Pallets Good for the Environment? A recent report found a number of key advantages including the widespread recycling network in developed markets, the biodegradable and renewal nature of wood, the cost effectiveness of wood pallets, the ability to easily customize.; WPA Annual Meeting Includes Impressive Slate of Speakers, Fun and Networking Opportunities: Its upcoming event on January 25-27, 2025 in Rancho Mirage, California. The keynote speaker will be Merril Hoge, a former NFL player, ESPN analyst and cancer survivor.; Trumponomics Special Report: The basis for this special report is a series of articles covering the economic and political impact of a second Trump administration on the overall forest products sector and the pallet market. The report will go live in the next week.; Recycle Bits: CHEP USA is set to open a new 65,000-square-foot pallet inspection and repair facility in Temple, Texas.; Holiday Schedule: The offices of Industrial Reporting, which publishes the Recycle Record, will be closed from December 24, 2024 through January 1, 2025 for the Christmas holiday. more...
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Part V: Trumponomics – USDA Secretary and Congressional Priorities News - Dec 6, 2024
President-Elect Trump has tapped Brooke Rollins, a lawyer who served as domestic policy chief in the first Trump administration. Her portfolio included agriculture policy. Senate Majority Leader John Thune (R-South Dakota) indicated in a meeting with Senate Republicans that he intends to move first next year on a budget reconciliation package that would be focused on border security, energy and defense.; Are Wood Pallets Good for the Environment? A recent report found a number of key advantages including the widespread recycling network in developed markets, the biodegradable and renewal nature of wood, the cost effectiveness of wood pallets, the ability to easily customize.; WPA Annual Meeting Includes Impressive Slate of Speakers, Fun and Networking Opportunities: Its upcoming event on January 25-27, 2025 in Rancho Mirage, California. The keynote speaker will be Merril Hoge, a former NFL player, ESPN analyst and cancer survivor.; Report Sees Continued Growth in Output for Southern U.S. Forests, Job Declines for Sector: The report also looked at some of the major factors examined by the Southern Forest Futures Project (SFFP) more than a decade ago, which found that timber product output had declined since the 1990s.; News in Brief: The E.U. Deforestation Rule (EUDR)law implementation date will be December 30, 2025, instead of the end of the current year. This new rule would cover logs and lumber but not pallets in the latest version. The U.S. Forest Service just announced a new policy for monitoring national forests and grasslands. CHEP USA is set to open a new 65,000-square-foot pallet inspection and repair facility in Temple, Texas.; Holiday Schedule: Pallet Profile will not be published December 27, 2024. Our offices will be closed from December 24, 2024 through January 1, 2025 for the Christmas holiday. more...
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Part IV: Trumponomics – All Options Are a Go Energy Plan, More Trade Policy News - Nov 27, 2024
News reports indicate that Trump will move quickly to enact as much of his energy agenda as he can. Tariff policy could affect current relationships with two of our neighbors. Trump has vowed to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States. This would probably cover oil, lumber, imports etc.; Ligna Provides Opportunities to See Tomorrow’s Technology Today: The next event is to be held in Hannover, Germany on May 26-30, 2025. This year marks the 50th anniversary. Ligna has become a great place to find technological advances that you can’t see here in the United States. more...
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Part 3: Trump Round 2 – Housing and Tariff Policy Developments - Nov 22, 2024
Even before he takes office, Trump’s tariff proposals are causing major corporations to change some of their plans. Pallet demand near the ports could jump significantly over the next two months as companies rush to avoid any potential Trump tariffs or restrictions. So, it isn’t really true economic growth, just early orders. But it could boost the need for warehouse storage in the interim as well as increase dwell times for palletized loads.; Hurricane Helene Caused $83 Million in Timber Damage in SC Alone: These estimates do not include damage to structures and infrastructure, such as roads and bridges. The forestland estimates also do not include urban forests and trees. In addition, the estimated $60 million cleanup of urban forest damage does not include the cost of replacing lost trees in cities and towns. more...
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