Pallet Profile

Article Directory

48forty Solutions Faces Debt Restructuring Challenges - Jul 11, 2025
Nobody expected the pandemic highs to last forever. But the recycled market has certainly come crashing down over the last two plus years. As interest rates have rocketed upwards, the cost of borrowing has risen. The pallet industry faces dropping prices for recycled pallets over the past few years while labor costs remain elevated.; Trade Deadline Delayed: This pause is an extension of the original pause on the 10% reciprocal tariff on all countries (except Mexico, Canada and China).; Regional Lumber Trends: Quarter 3 graphs illustrate the average lumber prices published within each region over the past year. more...
Tags:

Pallet Industry Faces Risks of Immigration Raids – Pt. 1 - Jul 11, 2025
Most notably, a Pennsylvania pallet recycler, Wyoming Valley Pallets, Inc., was targeted by U.S. Immigration and Customs Enforcement (ICE) agents due to the presence of a worker who was wanted for an outstanding arrest warrant connected to an alleged DUI infraction.; 48forty Solutions Faces Debt Restructuring Challenges: A recent news story about 48forty Solutions and its debt challenges has surprised some in the industry. Pallet companies face the challenges of a market that was oversaturated with both production capacity and pallet supply and cores.; PalletTrader Survey Shows Mixed Results, Suggests Higher Pricing Environment in the Future: Many still see uncertain conditions ahead, especially related to U.S. trade policies, tariffs and the overall economic malaise that has set in globally. But the general pricing sentiment is that we will see more of the same or some slight price increases.; TIME Magazine Recognizes Brambles for Sustainability Record: The pallet rental giant once again leads the transportation and logistics category. This ranking is based on over 20 key performance indicators. more...
Tags:

Trump Administration Rescinds Roadless Rule, Eases Access for Timber Projects and Active Forest Management - Jun 27, 2025
Eliminating the Roadless Rule will allow more decisions to be made at the local level. Preservationist groups are concerned that more logging activity and building more roads will lead to even more wildfire. While this is a major step toward more active forest management, there are still many steps in the process.; Summer 2025 Publishing Break: The staff of the Pallet Profile will not publish an issue next week July 4th, and will publish its next issue on July 11th.; APHIS Launches Dashboard for U.S. Data on Wood Packing Material and Holds Instructional Webinar; APHIS’ new dashboard allows users to make more informed decisions about where they source wood packing material. The creation of this dashboard is a significant step forward to prevent the introduction and spread of harmful pests. In addition, federal agencies are offering a webinar to be held on Thursday July 10th at 1:00 p.m. (EST). more...
Tags:

Housing Slumps, Will Lower Pricing Attract Buyers? - Jun 20, 2025
The latest housing numbers show continued downward trends when it comes to housing starts as builders rush to offer incentives during the important summer housing season. The drop in single-family housing starts in May was 9.8% below the revised April estimate.; Washington D.C. Tax Update as Senate Releases Its Version: The tax portion of the budget reconciliation bill allows businesses to immediately expense 100% of capital investments in machinery and equipment, in addition to allow businesses to fully write off their R&D costs in the same year in which those costs were incurred. more...
Tags:

Groupe Rémabec Drastically Scales Back Its Arbec Operations - Jun 13, 2025
This move will result in roughly 1,000 workers or more being laid off. The company is a pillar of the Quebec forest industry and the province’s second largest sawmill operator. It seems the ongoing U.S. trade war with Canada has taken its latest casualty.; USDA Invests $200M to Expand Timber Production: The aim of this new initiative is to increase timber harvests and improve forest health while strengthening rural communities. This investment also focuses on innovative wood products like cross laminated timber.; NEWS IN BRIEF: The deadline for submitting data for the next round of the EPD for wood pallets is quickly approaching. Don’t miss the Forest Products EXPO to be held in Nashville, August 6-8, 2025!; Auctions: Formerly Ridge Creek Industries, 7184 Washington St., Covington, GA 30014. Thursday, June 19th, 2025 - 9am ET; Formerly River City Hardwoods, 2310 Hwy 61., Muscatine, IA 52761. Saturday, June 21st, 2025 - 9am CT; Formerly R 3 Lumber, 100 FM 114., Clarksville, TX 75426. Thursday, June 26th, 2025 - 9am CT. more...
Tags:

Research Report Outlines Pallet Industry Trends During Pandemic - Jun 13, 2025
Recycled pallet production dropped due to a lack of supply as retailers reduced the number of cores released into the market. The pandemic era (2019-2021) was a boom time for new pallet production increasing 79.14% over 2016 levels. A major driver in the increase in new pallet production was the boom in e-commerce and multi-channel supply strategies deployed by retailers.; Heat Safety Rule Update, Best Practices to Beat the Summer Heat: Key areas to address include: providing cool drinking water and shaded rest areas, implementing a plan to acclimate new or returning workers gradually, conduct regular training on the issue, ensure that workers can identify symptoms of heat illness, monitor temperature, and develop a schedule for rest breaks during high heat periods.; Modern Pallet and Lumber Equipment Auction, Including Brand New Robotic Pallet Dismantler: Equipment from Alt Pallet in Riverside, California will be auctioned on Tuesday, June 17th via a timed online auction.; Recycle Bits: President Trump announced this week that negotiations with Chinese officials are finally moving in the right direction. The deadline for submitting data for the next round of the EPD for wood pallets is quickly approaching. The North American wildfire season has already started, and conditions are ripe for a crazy summer. more...
Tags:

Modern Pallet and Lumber Equipment Auction, Including Brand New Robotic Pallet Dismantler - Jun 6, 2025
Equipment from Alt Pallet in Riverside, California will be auctioned on Tuesday, June 17th via a timed online auction. Don’t miss this list of brand new and lightly used equipment.; Conditions Suggest a Potentially Active Wildfire Season: Drier than normal conditions are expected across the northern half of the West and much of the Plains into the Midwest through September. If the Forest Service pushes more fire responsibilities to local and state organizations, recent federal agency changes could affect the ability of various government agencies to counteract a strong wildfire season. more...
Tags:

First U.S. Hardwood Mass Timber Company Identifies Challenges and Opportunities - May 30, 2025
What if a sector usually associated with softwoods becomes a burgeoning market for hardwood? That’s the dream behind Crosswood Mass Timber, the first U.S. producer of hardwood mass timber. Crosswood hopes to revolutionize the construction sector and develop a large, new market for underutilized hardwood material.; NEWS IN BRIEF: Global trade activity has increased 21% over the last 3 weeks. The U.S. Court of International Trade just ruled that President Trump does not have the authority to impose sweeping tariffs on a global level. more...
Tags:

New FALM CEO Shares about Business Transition, Industry Partner Opportunities - May 23, 2025
Thanks to this ownership transition, FALM will continue to serve its nationwide clientele while investing in new resources to drive future growth and innovation. The outgoing CEO, Glenn Merritt, is a pallet industry veteran with decades of experience.; NEWS IN BRIEF: PalletOne will shut down its Chase City, Virginia. FEFPEB has noted increasing upward pallet price pressure. West Fraser recently achieved best first quarter results in more than two years. E & E Hardwoods Inc. has announced plans to expand its sawmill in Bell County, Kentucky. CBP recently highlighted its role in combating invasive species. more...
Tags:

U.S. and China Reach Temporary Trade Agreement, Possible Outcomes Emerge - May 16, 2025
The Trump administration is actively in talks with Chinese officials to develop a long-term deal. But uncertainty remains after August when tariffs could be reimposed at higher levels.; New CLT Standards Developed, Including Hardwood Materials: A group of researchers has been exploring the feasibility of using hardwoods, primarily yellow poplar. The data generated helped pave the way for formal inclusion of hardwoods in the new standard. more...
Tags: