Pallet Profile

Article Directory

Brambles Sells CHEP Recycled to Investment Fund - Jan 12, 2018
The largest pallet recycler in North America was sold for an enterprise value of US$115 million pending standard regulatory review.; NWPCA Releases Manual for Outdoor Pallet Storage and Fire Code Compliance: The complimentary manual was produced to assist the industry in compliance with the new outdoor pallet storage provisions incorporated in the 2018 International Fire Code (IFC).; Marv Chell Passes Away: Former President of Viking Engineering & Development, Inc. passed away peacefully on Sunday, January 7. more...
Tags:

Tax Reform Insights - Jan 5, 2018
On a very basic level, you will have to change the amount that you withhold from employees, and the Internal Revenue Service (IRS) is expected to announce in January new guidance on withholding policies.; Gordon Hughes Retires from Serving the Pallet Industry After 47 Years: From 1970 to 2009, Hughes led the Canadian Wood Pallet & Container Association (CWPCA) and worked tirelessly to advance the cause of the wood products sector in North America and around the globe.; Logging Firm Settles Lawsuit: CLT Logging paid $1.95 million last week to settle the allegations that it caused the Dillon Fire in Siskiyou County that burned 318 acres.; Quarterly Graphs, Regional Lumber Trends: For each hardwood region, the hardwood cant price represents an average of hardwood cant prices for the states included in the region. more...
Tags:

Trucking Faces Critical Issues Ahead. Are You Ready? - Dec 26, 2017
Driver shortage has taken the top spot. Many of these top ten concerns deal with regulations, compliance or staffing issues. The electronic logging device (ELD) mandate and the hours-of-service (HOS) rule, both moved down to second and third respectively.; New PDS Software Update Includes New Analysis for Recycled Pallets, Fasteners: The NWPCA is dedicating significant resources as part of the implementation of its strategic plan to ensure that PDS remains cutting edge technology. NWPCA and The Pallet Foundation will invest nearly $1.5 million over the next two years. more...
Tags:

Southern California Fires Raging Out of Control - Dec 22, 2017
The winds behind this blaze were so intense that it burned almost a million acres in a 24-hour period. Hurricane force winds were so intense that the fire jumped across the tree tops, right over a valley about a mile wide.; Moody’s Predicts Stable Forest Products Sector for 2018: The likelihood of strong profits from the wood products business will help to offset the secular declines in the printing and writing paper segment. more...
Tags:

Trade Panel Upholds Canadian Softwood Duties - Dec 15, 2017
This means that hefty duties on softwood lumber will go forward and will remain in place until a new Softwood Lumber Agreement is reached between the two countries or international tribunals rule on challenges already brought by the Canadian government.; 3PL Study Points to Continuing Trends: The study shows the continuation of two trends, 1) The importance of the relationship between shippers and 3PLs, and 2) The importance of adapting to emerging technologies, including blockchain and automation.; Brambles Names New CHEP North America President: The company tapped, Laura Nador, the acting CHEP USA president as the president of CHEP North America effective January 1, 2018.; NEWS IN BRIEF: Fire destroyed a pallet business in Frankfort, Indiana. Some fallout already from the duties imposed on imported Canadian softwood lumber.; Holiday Schedule: Pallet Profile will not be published December 29, 2017. Merry Christmas and Happy New Year to all of our readers! more...
Tags:

Congress Approaches Monumental Tax Reforms - Dec 8, 2017
Many of the changes are likely to be favored by small to medium-sized businesses. Others may cause concern if they negatively impact the housing sector or important tax deductions. As with all Congressional action, there will be winners and losers. And you need to make your voice heard.; Independent Truckers Lobby for ELD Delay: The rule that is set to take place on December 18, 2017, just a week before Christmas. It is not clear how much the Trump administration can do to stop the law since it is mandated by Congress, and the U.S. Supreme Court earlier this year rejected an appeal to stop the law. more...
Tags:

OSHA Announces Short Delay of Electronic Filing Deadline - Nov 30, 2017
The submission deadline was moved from December 1 to December 15, 2017. The delay was designed to allow employers more time to become familiar with the electronic submission process for injury and illness data.; Canada to Take Softwood Lumber Duty Case to WTO: Legal challenges could take years to finalize. The Canadian government has won more than it has lost when it comes to international trade cases involving previous softwood lumber disputes.; U.S. Housing on the Rise, Existing Supply Tightening: The home construction and remodeling sectors are very important for the overall growth of the North American forest products industry. A rising share of new home sales is coming from homes that have not yet begun construction. Holiday Schedule: Pallet Profile will not be published December 29, 2017. The offices of Industrial Reporting, which publishes the Profile, will be closed from December 25, 2017 through January 1, 2018 for the Christmas holiday. more...
Tags:

Brambles Growth Rebounds, Management May Face Legal Challenges - Nov 28, 2017
The parent company of CHEP and and IFCO Systems, Brambles Ltd., recently announced a 4% sales increase in the United States for the first quarter update of its fiscal year 2018.; iGPS Logistics Offers New Sanitary Pallet Service: The plastic pallet pooler now offers a pallet so clean you can almost eat off it, utilizing a food contact surface sanitizer. Western Pallet Association Meeting Offers Rest & Business Rejuvenation: Scheduled for January 13-15th 2018 in sunny Rancho Mirage, California, the WPA event has developed a reputation for its festive golf tournaments, and also has a full slate of informative speakers. more...
Tags:

Tax Package Presents Mixed Bag to U.S. Businesses - Nov 22, 2017
President Trump is lobbying to get a tax reform bill through both houses of Congress so that he can sign reform legislation by Christmas. What shakes out of these deliberations could have a major impact on your business and your land holdings in terms of tax implications.; Find Creative Use of Pallets, Support Medical Charity: Berry Pallets has launched a contest to collect pictures of pallet art, pallet furniture and other forms of upcycled pallets. The company is posting these images on its website at http://berryindustrial.com/pallets-for-palates/; NEWS IN BRIEF: U.S. forest products company Potlatch announced it will buy Deltic Timber. NWPCA Plans Reception at EXPO Richmond 2018. A new whiskey barrel factory is scheduled to begin construction in White Sulphur Springs, West Virginia in early 2018. PalletOne, America’s largest new pallet manufacturer, recently announced the purchase of North East Texas Pallet, a pallet manufacturer located in Clarksville, Texas. more...
Tags:

Canada Files NAFTA Appeal in Softwood Lumber Dispute - Nov 17, 2017
Chapter 19 of the North American Free Trade Agreement (NAFTA) establishes a panel of five arbiters, agreed upon by both countries, who will decide if the duties meet U.S. law.; U.S. Officials Assess Plywood Antidumping Duties on Chinese Imports: U.S. officials raised the antidumping duties (AD) to 183.36%, and those duties now apply to all Chinese companies without exception.; House Passes Forest Health Reforms Again, Now Waits for Senate: The bill promotes active forest management on national lands and reforms designed to address the wildfire and forest health crisis facing the country’s public lands. It is largely opposed by preservationist and environmental groups. more...
Tags: