2020 Trends – Christmas Season Comes Early This Year - Oct 30, 2020
A lot more people will be shopping online and the season will be longer than normal with fewer single day sales events where everyone rushes into the stores at one time.; Forest Services Offers Wood Innovation and Energy Grants: The aim of the program is to substantially expand and accelerate wood energy and wood products markets throughout the United States. more...
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PECO Pallet Inc. Sold to Global Investment Firm - Oct 26, 2020
One of the largest pallet rental companies in North America has been acquired by U.S.-based Alinda Capital Partners and Universities Superannuation Scheme. PECO is positioned to grow if the new owners are willing to invest in gaining market share and adding to the size of its pool. The company has been owned by the Pritzker Group since 2011.; Modern’s Annual Pallet Growth Highlights Customer Concerns: The results suggest that pallets are as important as ever with used/recycled pallets taking over the top spot.; Brambles Announces Five-year Sustainability Goals: The company is continuing its environmental focus after making some good strides with its 2020 Zero Deforestation, Zero Emissions and Zero Waste agendas.; Plant Fire Recovery Tips: These preparation and action steps can make the difference between getting what you deserve and settling for less than full replacement value.; Global Hardwood Pulp Prices Drop to 16-Year Low: Over the past year, fiber prices (in US dollars) have fallen the most in Brazil, Russia, Eastern Canada, France, Chile, and the U.S. South (in descending order). more...
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Brambles Announces Sustainability Plan, Seeks to Improve Upon Its Accomplishments - Oct 23, 2020
According to Dr. JJ Freijo, Brambles’ Global Head of Sustainability, “For us ‘regenerative’ means restoring, replenishing and creating more value or capital for society and the environment than the business takes out.; Pallet Foundation Undergoes Rebranding, Launches New Website: “The new logo and colors, connect the sustainability element to the product that truly moves the world — the wooden pallet. We chose warm colors that connect the product with the environment,” commented Brent McClendon, Pallet Foundation secretary. more...
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Modern’s Annual Pallet Growth Highlights Customer Concerns - Oct 16, 2020
The results suggest that pallets are as important as ever with used/recycled pallets taking over the top spot.; Report Suggests Global Pallet Market to Rise 2 Billion by 2027: Forecasts are that wood pallets will grow at an annual rate of 4.4% compared to 3.2% for plastic.; Plant Fire Recovery Tips: Navigating the insurance claim process can be tricky. These preparation and action steps can make the difference between getting what you deserve and settling for less than full replacement value. more...
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PECO Pallet Inc. Sold to Major Private Investors - Oct 9, 2020
PECO is positioned to grow if the new owners are willing to invest in gaining market share and adding to the size of its pool. The company has been owned by the Pritzker Group since 2011.; Congress Considers Wildfire and Forest Health Reforms: It is disappointing that it takes a tragedy and loss of life and property to drive this discussion, but at least there is bipartisan recognition that removing hazardous fuel loads and thinning overstocked stands on federal forests could help the situation. more...
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Senators and Industry Call for Assistance for Loggers and Log Haulers - Oct 2, 2020
Senator Susan Collins (R-ME) introduced the Loggers Relief Act earlier this year. This legislation would authorize USDA to provide direct support to loggers and log haulers who experienced at least a 10% loss in the first seven months of 2020 (as compared to 2019).; NEWS IN BRIEF: The U.S. government has appealed a ruling issued last month by the WTO involving the U.S. duties on softwood Canadian lumber imports. he Ontario provincial government recently awarded Oxford Pallet $2 million under the province’s Forest Sector Investment and Innovation Program. more...
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Housing Is Bright Spot in U.S. Economic Recovery, Still Faces Some Challenges - Sep 25, 2020
The new single-family housing construction sector is where the majority of value-added forest products are utilized, and this housing sector has ample room for improvement. This means there is plenty of growth potential in the future.; Brambles Hits Its 2020 Goal of 100% Certified Sustainable Timber Sources: These forests have to be certified by either the FSC or the PEFC. These two non-profit organizations only certify forestry operations that follow international best practice in terms of planting new trees to replace those harvested. more...
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Pallet User Survey Identifies CHEP Customer Satisfaction Falling - Sep 25, 2020
A major driver in this development is the attempt by CHEP over the last few years to raise prices and boost margins as lumber and other costs increase.; UK Government and TIMCON Release EU Exit Statement: Many have wondered how the UK and EU government will regulate wood packaging material, which previously had been exempt from ISPM-15 requirements. more...
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Imports Continue to Stress Trucking Capacity, Especially in the West - Sep 18, 2020
During the early days of he pandemic, FreightWaves reported that many ocean shipping companies reduced capacity. But this trend has swung the other way, as these companies are bringing more capacity online as prices rise.; Hurricane Laura Caused Huge Forestry Losses, Exceeds $1.1 Billion: Laura was more of a wind event, while Katrina and Rita brought flooding along coastal Louisiana. Infrastructure damaged by wind was the big factor this year, and crops were not as affected this year as in 2005.
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Hardwood Promotion Coalition Releases Research, Outlines Marketing Strategy - Sep 11, 2020
The first phase of its campaign was to conduct research on customer purchase trends for American flooring consumers. The results have formed the basis for a new brand identity for the American hardwood industry.; UK Government and TIMCON Release EU Exit Statement: Many have wondered how the UK and EU government will regulate wood packaging material, which previously had been exempt from ISPM-15 requirements.; iGPS Logistics Receives Recognition from Industry Trade Magazines: iGPS pallets are 35% lighter than wood block alternatives, considerably less fuel is used and fewer emissions are produced during their transport, leading to the company’s environmental sustainability successes.
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