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.
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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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EXPO Richmond 2024 Preview - Mar 29, 2024
This year, EXPO Richmond will feature 200+ indoor and outdoor exhibits, educational sessions, and equipment demonstrations. The show is moving to a new location in the Virginia countryside to accommodate better facilities for the event.; Lawsuit Filed Against Allegheny Wood Products Alleging WARN Act Violation: The company recently notified employees that it would be shutting down all its facilities due to market conditions, and the move resulted in the termination of jobs for 850 direct employees and contractors.
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MHI Survey Identifies Key Trends and Drivers in Global Supply Chains - Mar 29, 2024
The biggest trend is the rise in the use and interest in artificial intelligence (AI). This MHI survey also looked at key challenges and key technologies that will affect the future of supply chains.; PLA Announces Appointment of Steve Clark to Chief Executive Officer: PLA is a supply chain and pallet portfolio company owned by investment fund Silver Oak Services Partners.; NWPCA Secures Non-EU Wood Pallet Exemption for PPWR: The major concern for global shippers as well as packaging providers is the potential disruption in global supply chains.; EXPO Richmond 2024 Preview: This year, the show will feature 200+ indoor and outdoor exhibits, educational sessions, and equipment demonstrations.; Va Tech to Offer Second Crate Design Course This Fall: This course will introduce the different crate styles and characteristics commonly used in the United States. more...
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NWPCA Secures Non-EU Wood Pallet Exemption for Packaging and Packaging Waste Regulations - Mar 22, 2024
The PPWR were originally designed to reduce packaging waste through recycling and reuse efforts. The rules establish reuse targets for almost all packaging, including pallets.; PLA Announces Appointment of Steve Clark to Chief Executive Officer: The move reflects the company’s focus on expanding supply chain services offerings. more...
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MHI Survey Identifies Key Trends and Drivers in Global Supply Chains - Mar 15, 2024
The biggest trend is the rise in the use and interest in artificial intelligence (AI). About 84% of survey respondents are planning on adopting this technology in the next five years.; Prayer Gathering to Be Held Around National Pallet Meeting: This gathering contains a wide variety of participants including industry members and suppliers. Last year more than 40 showed up to pray and encourage one another. more...
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Canfor Reports Major Sales Losses in Most Recent Quarter - Mar 8, 2024
The company has reduced production at its facilities in Western Canada as well as multiple closures. These moves have resulted in Canfor removing 760 million board feet of production in 2023.; American Forest Resource Council Takes Challenge to U.S. Supreme Court: At the core of the matter is this question, “Who controls the management and policy directives of federal land management?” Does this power reside with the executive branch or Congress? more...
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