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Trucking Report — Trends in Trucking Sector Mirror Similar Problems in the Pallet Market - May 30, 2024
The only difference is that trucking rates haven’t fallen as much as recycled pallet prices have since the pandemic highs.; Kamps, Inc. Issues Sustainability Report, Highlights Benefits of Pallet Recycling: This is the third year in a row that Kamps has reported on its environmental impacts, and the first year the company has reported on its broader effects on employee safety, technological advancements and social responsibility efforts.; Recycle Bits: Two men have been sentenced in Illinois for pallet theft. more...
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Trucking Report – Part 1 Trends in Trucking Sector Mirror Similar Problems in the Pallet Market - May 24, 2024
Given the close connection between trucking and pallets, it isn’t surprising that these markets are following similar cycles. Usually, trucking leads pallets by at least three months when it comes to downturns and rebounds.; BC Trade Group Highlights Economic Impact of Mill Closures in Canada: Each time a mill closes in BC, there is a substantial direct impact on employees and their families, with further consequences for local communities as well as across supply chains. more...
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Kamps, Inc. Issues Sustainability Report, Highlights Benefits of Pallet Recycling - May 17, 2024
This is the third year in a row that Kamps has reported on its environmental impacts, and the first year the company has reported on its broader effects on employee safety, technological advancements and social responsibility efforts.; News in Brief: Housing starts rebounded somewhat in April although the activity was only a partial recovery.; Auctions: Formerly Black Hills Holdings • Wood Pallet Division, 111 Industrial St. • Belle Fourche, SD 57717, Saturday • June 1st, 2024 • 9am MDT; Formerly B & J Wood Products, 1450 Fayette Rd. • Vernon, IL 62892, Saturday • June 8th, 2024 • 9am CDT. more...
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Farm Bill Legislation Heating Up - May 10, 2024
The Farm Bill is a package of legislation that is usually approved every five years and includes many provisions that affect forestry and timber management.; NEWS IN BRIEF: According to the Railway Tie Association, crosstie production increased. The Hardwood Federation commented on a House bill called the White Oak Resilience Act. more...
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Brambles Increased First-Half Profits, Improved Returns, Slowing New Business Pipeline - May 3, 2024
Inventory optimization across supply chains in North America and Europe resulted in eight million additional pallet returns. This reduced what the company has to spend on new pallets to fill its pool while increasing storage, repair, handling and transportation costs.; News in Brief: Interfor Corp. has announced plans to reduce its lumber production. Canfor Corp. has boosted its southern pine production capacity. The NHLA offers its members a free way to promote job openings. more...
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48forty Solutions Becomes the First Pallet Recycler to Receive SFI Certification - Apr 29, 2024
48forty clarified that this certification only applies to its company-owned facilities and recycled pallets. It does not cover new or combo pallets supplied by the company.; Brambles Increased First-Half Profits, Improved Returns, Slowing New Business Pipeline: Inventory optimization across supply chains in North America and Europe resulted in eight million additional pallet returns. This reduced what the company has to spend on new pallets to fill its pool.; Employee Caught in Alleged Core Accounting Pallet Fraud Case: Having talked with a representative of the victimized company, it is clear that the alleged incident resulted from an employee thinking he could fudge pallet counts and split the difference with the pallet supplier.; U.S. Department of Labor Releases Final Overtime Rules, Millions More Workers Are Now Eligible for Overtime Pay: This rule will restore the promise to workers that if you work more than 40 hours in a week, you should be paid more for that time.; EXPO Richmond Show Review – Recycler Focus: The latest new products and technologies from major suppliers at EXPO Richmond. more...
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48forty Solutions Becomes First Pallet Recycler to Receive SFI Certification - Apr 26, 2024
48forty clarified that this certification only applies to its company-owned facilities and recycled pallets. It does not cover new or combo pallets supplied by the company.; EXPO Richmond Show Review – Part 2: This is the second-half of that technology review. Companies are listed in alphabetical order.; Fire Destroys Pallets at Virginia Plant: A severe fire in the yard of Allied Pallet Co. in New Kent county destroyed rows of pallet inventory.; Industry Veteran Supplier Passes Away: Dedicated supplier and industry pioneer Alexander Murray “Sandy” Campbell Jr. died on March 27, 2024; U.S. Department of Labor Releases Final Overtime Rules, More Workers Now Eligible for Overtime Pay: This rule will restore the promise to workers that if you work more than 40 hours in a week, you should be paid more for that time. more...
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Part I – EXPO Richmond Post Show Insights - Apr 19, 2024
The event featured one of the country’s largest expos for live equipment demonstrations and physical equipment showcases of forest products and pallet machinery and attracted 5,250 people with 25% being exhibitors.; News in Brief: Fire crews fought a blaze at Freys Pallet LLC in Pennsylvania. A fire occurred at GMA Pallet Recycling Corp. in California. The U.S. Supreme Court declined to consider a logging case. The NWPCA unveiled its 2024/2025 Board of Directors. more...
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C&D Lumber Closure Punctuates Tough Year for U.S. Sawmill Sector - Apr 12, 2024
The company has indicated its intentions to provide support for employees during the transition including severance packages and assistance in finding new employment.; Researchers Forecast Market Growth Over Next Four Years: This projected growth is a compound annual growth rate of 2.86% per year. more...
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Loggers Group Warns about the Impact of Mill Closures - Apr 5, 2024
When mills close, logging companies close, and forest health suffers. While the United States shuts down sawmills, the country is now the leading global importer of softwood lumber.; Retraction Notice Regarding Thompson River Lumber in Montana: According to a spokesperson for the company, it is not closing and has no intention on closing.; EXPO Richmond 2024: The show takes place next weekend from April 12-13th, 2024 in Doswell, Virginia at a new venue.; Quarterly Regional Lumber Trends: These graphs illustrate the average hardwood and softwood lumber prices published within each region over the past year. more...
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