Recyclers Consider Options as New CHEP ARP Policies Set to Take Effect - Jan 24, 2020
Nationwide the policies are set to take effect for all recyclers in March 2020. How can a recycler legally respond? Every company has to decide how it plans to deal with these recent developments.; Equity Firm Buys Majority Stake in Kamps Inc.: The company provides nationwide pallet management services through a network of 25 company-owned and operated facilities and commercial partnerships with 60+ national pallet partners.; Recycle Bits: OSHA announced another increase in the maximum civil monetary penalties. Rose Pallet has become 100% women-owned. Fire authorities are offering cash rewards for information involving a suspected arson that took place at Oregon Pallet. Pallet plant arson incidents are on the rise.
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Equity Firm Buys Majority Stake in Kamps Inc. - Jan 17, 2020
With some more lucrative and innovative sectors in the U.S. economy, why is the pallet industry attracting some interest from private equity firms? The pallet sector is a non-consolidated industry, and it provides them another way to diversify their portfolio.; U.S./China Trade Deal Includes Provisions for Hardwood Lumber Purchases: The actual trade agreement highlights hardwood lumber products as well as the 400 level harmonized system codes for hardwood products and raw materials.
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Trucking Woes Continue, Considerations to Prepare for the Future - Jan 10, 2020
Overall in the first three quarters of 2019, transportation consulting firm, Broughton Capital, estimated that almost 800 carriers went out of business, about double the rate for the same period in 2018.; NEWS BRIEFS: The parent company of Kenora Forest Products in Ontario, Canada, has filed for bankruptcy. Universal Forest Products, Inc. is now operating under a new name: UFP Industries. The city of Anaheim has found a unique method for wildfire prevention — goats. The goods and services deficit was $43.1 billion in November 2019. The president of the Forest Products Association in Canada paints a positive outlook for the industry in 2020. more...
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Deal or No Deal Brexit – A Look at the Trade Situation in Europe and the Impact on the Pallet Sector - Jan 3, 2020
Without a deal, you are likely to see tariffs, more rules, and more stringent trade restrictions. If a deal can get done, both the UK and EU would avoid trade disruptions.; WPA Meeting Offers Strong Program, Great Networking Opportunities: The event is being held January 18-21st at the Ranch Las Palmas Resort & Spa in Rancho Mirage, California. It isn’t too late to register and book a ticket if you want to avoid the cold and develop some more industry connections. The WPA meeting has grown over the last decade and now includes representatives from around the country as well as a strong contingency from the West Coast and Canada.; Q1 Profile Regional Lumber Trends: These graphs illustrate the average lumber prices published within each region over the past year.; NEWS BRIEFS: Sales of new single-family homes were up this past November. AI and computer vision may have a huge impact on the wood pallet industry. President and CEO of AF&PA issued a statement thanking the U.S. House for passing the USMCA trade agreement. Are you compliant with electronic logging devices? New orders for manufactured durable goods in November decreased. more...
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EPAL Announces Partnership with Chinese E-Commerce Player, Enters Chinese Domestic Market - Dec 20, 2019
The strategic partnership between JD Logistics and EPAL will enable EPAL pallets to be distributed to partners throughout China via JD Cloud Box.; US-China Trade Announcement Includes Hardwoods: A FOX News clip mentioned that hardwoods are part of the trade deal with China and how other areas of agriculture also classified as manufacturing will be used to get to the $50B/year of agricultural purchases that the President and Administration were pushing for.; Holiday Schedule: Pallet Profile will not be published December 27, 2019, according to our regular schedule.; HR Survey Deadline Approaches – Get Your Free Copy Today! The deadline to submit a usable survey form and receive a free copy is January 3rd. This is our final deadline because we have to finish the survey analysis before the middle of January.
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Which Solutions Work Best: In-house or Off-site Pallet Services? - Dec 19, 2019
This article is designed to explore some of the pluses and minuses of various approaches. You need to run the numbers and do the strategizing to fit your operations.; HR Survey Deadline Approaches – Get Your Free Copy Today! Pallet companies in the United States that submit a usable survey response form by January 3rd will receive a free copy of the electronic results when completed in early 2020. more...
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Hardwood Leaders Develop Voluntary Promotion Coalition - Dec 13, 2019
The mission is to develop a clear, concise and overarching brand statement and promotion program that can be echoed throughout the supply chain.; HR Survey Deadline Approaches – Get Your Free Copy! Pallet companies in the United States that submit a usable survey response form by December 20, 2019 will receive a free copy of the electronic results.; NEWS IN BRIEF: Oregon lost a $1 billion timber lawsuit to 13 rural counties. more...
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Scoring Just How Green Is Blue - Dec 6, 2019
CHEP has deep pockets, but it also knows how to put forward a narrative that appeals to big customers, especially when it comes to sustainability and waste reduction.; Holiday Schedule: Pallet Profile will not be published December 27, 2019, according to our regular schedule.; HR Survey Deadline – Act Now to Secure Your Free Copy!: Your participation will help the industry and provide you with a valuable tool to gauge your position in the market.; News In Brief: Construction spending fell in October. The forest products industry has been hit hard in British Columbia. Canfor will shut down its sawmill operations for two weeks. Moody’s has lowered its outlook for the North American freight rail industry to negative from stable. Georgia timber owners are still recovering from the havoc caused by Hurricane Michael. Timber prices in the South still have not returned to the pre-crash levels of the early 2000s. New orders for manufactured durable goods in October increased.; Merry Christmas! We wish all of readers a joy filled and wonderful holiday season! more...
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California Still Is a Hot Spot - Nov 27, 2019
Concerns remain elevated across California due to an exceptional grass crop that has cured and dried in the middle and lower elevations.; Cold Temperatures Raise Winter Weather Exposure Concerns - Safety Guideline Review: Cold temperatures and increased wind speed (wind chill) cause heat to leave the body more quickly, putting workers at risk of cold stress. more...
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The Forgotten Forests - Nov 22, 2019
Only a few have mentioned the U.S. hardwood sector, which may have lost the most in trade escalation with China and actually has the least amount to gain. When President Trump talked in October about a possible deal in the works, noticeably absent was any guarantees of major hardwood of softwood lumber or wood products purchases from China.; NEWS BRIEFS: The president FEFPEB has challenged manufacturers to ensure that 100% of the wood they use is certified to be sustainably produced. The hardwood industry in Indiana pumps more than $10 billion into the state’s economy each year. more...
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