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Kamps Releases 2022 Environmental Sustainability Report - Nov 3, 2023
This assessment is designed to help the company evaluate its progress on key environmental metrics and to inform customers of potential benefits and impacts.; National Pallet Provider Buys Denver-Based Crate and Pallet Manufacturer: Conner Industries, Inc. has acquired Denver Reel & Pallet Company. This latest acquisition marks the company’s first investment in the Rocky Mountain industrial packaging market. more...
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WPA to Celebrate 50th Anniversary at Annual Meeting - Oct 27, 2023
The WPA meeting has developed a reputation as a friendly place to meet new contacts and develop a broader network, especially in the West. This year will be particularly memorable as the association recognizes people who have been integral in the association’s success. If you have never been, consider attending this year.; Tax Law Changes May Favor Buying Equipment Now: Section 179 allows a taxpayer to deduct/write off the full purchase price of certain equipment and/or eligible software acquired and installed during the tax year. This law applies to both new and used equipment.; Brambles Reports Revenue Growth for Latest Quarter: Higher pricing is a major driver for revenue growth as it has successfully passed along and maintained price increases.; Public Auction November 11, Saturday, 10:00 AM: Logging Equipment and Shop Tools; • (2) JD 648G111 • Skidders • Prentice Yard Loader • Camper • Tools • Guns more...
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2023 Holiday Retail Sales Prediction Looks Like a Grinch - Oct 27, 2023
Some in the pallet industry were hoping for a Christmas/holiday bump. But this isn’t going to be much given recent predictions about the 2023 holiday season. Trend looks to be downward as retailers start destocking inventories.; Pallet Book Revised for 20th Anniversary Edition: Pallets: A North American Perspective is ideal for anyone who produces, recycles, buys or uses pallets in their everyday job and wants to know more about how element of supply chains can make materials handling run better.; Brambles Continues Research and Development in Pallet Tracking: CHEP has developed a continuous diagnostics pilot project in North America and has serialized pallets in Chile.; WPA to Celebrate 50th Anniversary at Annual Meeting: This year will be particularly memorable as the association recognizes people who have been integral in the association’s success. If you have never been, consider attending this year. more...
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Housing Sector Challenges Raise Concerns for Short-Term Lumber Markets - Oct 20, 2023
The high interest rates are keeping people in their existing homes, which means that those who do need housing are looking to new construction. That’s good news for the forest products sector.; National Forest Products Week, Federal Government Recognizes Success of CLT Development: The USDA’ s Forest Service is making nearly $50 million in grant funding available for projects that support crucial links between healthy forests, strong rural economies and jobs in the forestry sector. more...
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Panel Calls for Further Review of U.S. Softwood Trade Actions - Oct 13, 2023
Most U.S. timber is harvested from private land at market rates. By contrast, most Canadian lumber is procured from federal and provincial lands with low government-set stumpage fees. The core of the disagreement centers on two different approaches to procuring and valuing timber.; Brambles Continues Research and Development in Pallet Tracking: The company reported improved cash flow after a number of years of significant pallet price inflation. Looking to the future, Brambles is clearly turning its attention to growth after a few years of capacity constraints.; WPA Master Learning Group Focuses on Women in Leadership: There are a limited number ofseats for this special women-only event so register now to make sure you’re included in the discussion scheduled for October 19, 2023, 1:00 PM - 2:00 PM (PDT). more...
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2023 Holiday Retail Sales Looks Like a Grinch - Oct 6, 2023
Last year, the U.S. holiday season grew 5.3% over 2021 to $936.3 billion, fell short of the National Retail Federation’s forecasts. Inflation, high interest rates and sluggish economic growth spooked shoppers. It looks like we are in for more of the same this year, but projections are for an even worse holiday season.; Pallet Book Revised for 20th Anniversary Edition: Pallets: A North American Perspective was written to provide a basic understanding of the pallet to those both inside and outside of the industry, and is ideal for anyone who produces, recycles, buys or uses pallets in their everyday job and wants to know more about how this critical element of supply chains can make materials handling run better. more...
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Pallet User Survey Finds Growth in Use of Non-48x40 Pallets - Sep 28, 2023
Other than the fact that it has become the de facto footprint standard, there is nothing magical about 48x40 pallets. It will be interesting to see how this trend potentially changes over the next year as the shortages endured during the pandemic are transitioning to massive oversupply of 48x40 used pallets this year.; Brambles Announces Future Plans, Works to Improve Asset Utilizations: During the pandemic, CHEP struggled to supply customers as retailers and shippers held onto CHEP pallets due to excess inventories and pallet procurement difficulties. This resulted in less pallets flowing back into the CHEP network, and the company focused on its core customers leaving seasonal clients looking for anything they could find on the open market.; Freight Capacity Concerns Could Arise This Winter: When truck capacity got squeezed during the pandemic, prices skyrocketed leading to new or retired drivers entering the market. Now that the economy is slowing and there is way too much capacity, rates have dropped and so has the growth rate.; Remembering an Industry Veteran: Randy Panko was the face of Wood-Mizer blades to many in the pallet industry. He recently passed away and will be missed by family, friends and colleagues.; White Paper Covers Massive Influx of Cores into Market: The Recycle Record has just published a White Paper titled “Let’s Make a Deal.” This report, included in this issue, covers recent trends as the recycled pallet market has been in a major corrective position over the last several months. more...
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Brambles Releases 2023 Sustainability Review Focusing on “Regeneration” - Sep 28, 2023
The major focus for CHEP’s plan is creating regenerative supply chains with the ability to put back more than is taken out of the environment. A key way that CHEP meets this goal is through extensive tree replanting efforts. Beyond just planting one tree for every one used in its pool, the company has set and met a goal of planting two trees for every one used in maintaining and growing its pool.; PLA Opens New Plant in Northwest Arkansas: The new service center adds new and recycled pallet supply, repair, and retrieval services to the reverse logistics, transportation, and 3PL services provided to customers throughout the greater Northwest Arkansas area. more...
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Washington Roundup – Legislation Grinds to Halt as Shutdown Looms - Sep 22, 2023
Currently, the federal government runs out of money on September 30th without any new congressional action. Previous stalemates have led to some partial shutdowns. But these never last too long. However, these battles don’t do a lot to build consumer and investor confidence.; NEWS IN BRIEF: Nearshoring is becoming a much larger trend. The Decorative Hardwoods Association (DHA) recently highlighted new restrictions on exports.; Remembering an Industry Veteran: Randy Panko Randy was the face of Wood-Mizer blades to many in the pallet industry. He recently passed away and will be missed by family, friends and colleagues. more...
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Let's Make a Deal -- Summer/Fall 2023 White Paper - Sep 19, 2023
This report covers recent trends as the recycled pallet market has been in a major corrective position over the last several months. And prices are moving down quickly. This White Paper explains the causes as well as the market lessons and difficulty in pegging exact prices. more...
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