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Article Directory |
President Biden Supports Domestic Lumber Purchases in Speech - Feb 10, 2023
President Biden singled out lumber as something that should be bought right here in America not shipped from Canada or Europe. The guidelines state for lumber that all manufacturing processes, from initial debarking through treatment and planing, occurred in the United States.; OSHA Increases Fine Schedule, Incident Reporting Deadline Approaches: Specific employers must submit electronically required 2022 injury and illness data by approaching March 2, 2023. OSHA provides a secure website that offers three options for injury and illness data submissions.; NEWS IN BRIEF: The latest economic numbers are mixed. Kamps, Inc. continues to fill out its network in the Southeast by acquiring Pal-King, Inc. A bipartisan Supply Chain Package is planned and gaining some steam in the House of Representatives.
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DOC Hints at Continuing Import Duties on Canadian Softwood Lumber - Feb 3, 2023
A level playing field against subsidized and dumped imports is particularly important during times of down markets when U.S. mills can least afford to lose sales to Canada’s harmful unfair trade practices.; Free Copy of 2022 Pallet Industry Wage and HR Survey, Deadline Extended! All participants who submit a usable survey will receive a FREE copy of the final report. The only other way to obtain a copy is to pay $695.; UFP Industrial Rebrands: The new name focuses more on the products produced by the division than the customer segment served. UFP Packaging highlights the company’s mission to offer total packaging solutions.; NEWS IN BRIEF: The Center for Packaging and Unit Load Design is conducting a comprehensive pallet industry survey funded by the Pallet Foundation. Millwood, Inc. recently added a second New Jersey-based pallet repair location in Barrington, NJ. more...
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Informal Poll Shows Trends In Consolidation and Wage Response - Jan 27, 2023
What is clear is that the market is changing. Companies can’t treat the last two years as the new normal. The good news is that everyone is in the same situation no matter your size. Actually, the bigger players may have higher employee costs.; Free Copy of 2022 Pallet Industry Wage and HR Survey, Deadline Extended!: All participants who submit a useable survey will receive a FREE copy of the final report. The only other way to obtain a copy is to pay $695. So, it is well worth your time to complete the survey.
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Kamps, Inc. Acquires Major Pallet Manufacturer & Lumber Producer, John Rock, Inc. - Jan 27, 2023
This move improved Kamps lumber processing and procurement capabilities in the East as well as its pallet manufacturing and recycling capabilities. John Rock's Coatesville, Pennsylvania pallet manufacturing plant is one of the most technologically modern facilities in the country.; 2022 Pallet Industry Wage and HR Report, Deadline Extended, Secure Your Free Copy: All participants who submit a usable survey will receive a FREE copy of the final report. The only other way to obtain a copy is to pay $695.; Informal Poll Shows Trends In Consolidation and Wage Response: The survey is eye-opening about the changing competitive landscape as well as the impact of high labor costs. Probably the biggest reason why pallet prices won’t go back to pre-pandemic levels is the high cost of labor.; Recycle Bits: The Center for Packaging and Unit Load Design is conducting a comprehensive pallet industry survey. The Occupational Safety & Health Administration recently highlighted upcoming deadlines for injury and illness data submissions. Millwood, Inc. recently added a second New Jersey-based pallet repair location.
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What Would Disruption Really Look Like in the Pallet Sector? - Jan 20, 2023
Instead of a new pallet design, pool or material, what could really change the industry is new financial models and operational strategies as well as technology that improves key parts of the process. Maybe change doesn’t have to be large-scale?; NWPCA Releases PDS Update with Unit Load Analysis of Drums and Pails, ERP Integration: With over 849 million new and recycled wooden pallets manufactured annually, having the ability to design and analyze the performance of a pallet for drums and pails means that pallets are more reliable and efficient with optimal material utilization.
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Kamps, Inc. Acquires Major Pallet Manufacturer and Lumber Producer, John Rock, Inc. - Jan 13, 2023
This deal is a little surprising because most of the other purchases by Kamps have focused on recyclers although some of those acquisitions had new production capacity. Whereas, John Rock is a pallet manufacturer first, a sawmill second, and a recycler third.; We Need Your Help! – 2022 Pallet Industry Wage and HR Survey: All participants who submit a useable survey will receive a FREE copy of the final report. The only other way to obtain a copy is to pay $695. So, it is well worth your time to complete the survey.
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Is Europe’s New Packaging Law a Precursor for America’s Future? - Jan 6, 2023
While packaging has revolutionized product protection and improved supply chains, it has also created millions of tons of waste. By far the biggest offender in this regard is consumer product packaging.; Secure Your Copy of the 2022 Pallet Industry Wage and HR Survey: Every pallet manufacturer, pallet recycler or pallet lumber company that completes a useable survey will receive a FREE copy of the completed survey report.; Regional Lumber Trends: These graphs illustrate average lumber price trends within each region over the past year. more...
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Transportation Trends Point to Tough Headwinds for 2023 - Dec 22, 2022
If you want to know what the future holds, trucking activity is a leading indicator of the true economic outlook. A strong consumer does not appear to be on the horizon.; Recycle Bits: The Western Pallet Association (WPA) annual meeting is a great place to develop a broader network.; 48forty Solutions has acquired Southern California-based pallet management company Dependable Pallet Logistics.; Millwood, Inc. recently added its second facility in the Texas market, It has acquired Red Express Pallet in Waco.; Pallet Industry Wage and HR Survey Announced: This is the most comprehensive survey of the labor situation in the industry. You can complete the survey in this issue. You can also complete the survey online starting January 2nd, 2023. The deadline is January 31, 2023.
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Pallet Industry Wage and HR Survey Announced - Dec 22, 2022
Every pallet manufacturer, pallet recycler or pallet lumber company that completes a useable survey will receive a FREE copy of the completed survey report. The only other way to obtain a copy is to pay $695. So, it is well worth your time to complete the survey.; No Issue Next Week: The Pallet Profile will not be published next week on December 30th. Merry Christmas and Happy New Year to all of our readers!
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Dow Jones Sustainability World Index Recognizes Brambles with Top Ranking for Commercial Services - Dec 16, 2022
Brambles scored 81/100 against an industry average of 23/100 thanks to its environmental and community goals. With a low-carbon circular business model and an ambitious decarbonization program, Brambles placed in the 99th percentile for climate strategy, and since 2020 has achieved a 4.5% reduction in supply chain emissions.; WPA Meeting Provides Great Winter Escape, Opportunity to Network and Learn: The WPA annual meeting will be held January 14-16, 2023, in Rancho Mirage, California at the Omni Rancho Las Palmas resort. Known for a fantastic annual golf tournament, pallet companies, lumber suppliers, machinery providers and more gather to connect, talk about the latest industry trends and listen to engaging speakers. The keynote speaker is Josh Klenoff.; Millwood Acquires Red Express Pallet: Located in Waco, Texas, only 80 miles from Millwood’s recent acquisition of Austin Pallet, the recycling facility will help the company better serve customers in Central Texas. James Scherer will oversee plant operations. more...
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State of Freight – Transportation Trends Point to Tough Headwinds in 2023 - Dec 9, 2022
The pallet sector remains somewhat flat in terms of demand, probably buoyed by seasonal activity related to Christmas. Some believe the pallet market lags the transportation sector. Since the fourth quarter has been so difficult for freight, that trend raises serious questions about activity in the first quarter of 2023 for pallets.; Brambles Sells CHEP China to Competitor, Loscam China: This sale allows Brambles to share some in the China market without having to fight it out against Loscam. Instead of competing against each other, the combined entity can now work to establish a bigger presence in the Chinese supply chain.; NEWS IN BRIEF: 48forty Solutions has acquired Dependable Pallet Logistics.; Millwood, Inc. has bought Southworth Wood Products.
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Rail Strike Looms, Yet May Be Averted By Congressional Action - Dec 2, 2022
So, what could a rail strike do to the pallet and low-grade lumber sectors? A pallet and lumber company in the Southwest suggested that the impact won’t be immediate because it has supply to fill orders to the end of the year. Other industry contacts have indicated having enough inventory to handle a short strike.; Holiday Schedule: Season’s Greetings! Pallet Profile will not be published December 30, 2022, according to our regular schedule. Merry Christmas and Happy New Year to all of our readers! more...
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Retail and Transportation Figures Suggest Slower Pallet Demand - Nov 29, 2022
While the economy is slowing, the exact pace is not yet known. Retail sales, consumer spending and transportation capacity results over the next few months will go a long way in telling us just how deep and long a recessionary environment might last.; Federal Investigation Cites California Pallet Company for Violations: The government alleged that the company’s owner willfully attempted to evade overtime provisions of the Fair Labor Standards Act. Investigators also discovered that the employer allowed minor-aged employees to drive forklifts which is considered hazardous occupations for minors.; Recycle Bits: If you want to find the best equipment and innovations in the industry, check out the new Pallet Enterprise Video Guide. Continuing to grow its network, Kamps, Inc. has acquired Realm Companies LLC. Carolina Handling set the record for creating the world’s largest pallet painting. more...
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Best Practices to Reduce Fire Hazards at Pallet Operations - Nov 22, 2022
It is important that every pallet facility develop a fire plan. Actually, you don’t need one, you need four to cover various areas of fire safety and prevention. Develop a Site Plan, a Fire Prevention Plan, a Fire Emergency Response Plan and a Security Plan.; Study Estimates 1.4 Million Trees Will Be Killed by Invasive Insects: Hotspots identified in the study include New York, Chicago and Milwaukee. These are areas with very high numbers of ash trees and are in the recent or near-future path of the emerald ash borer.; NEWS IN BRIEF: PECO Pallet, Inc. has expanded its network in Ontario by opening a new service depot in Mississauga. Eagle Forest Products announced it is purchasing the lumber manufacturing plant of Family Pallet Lumber company in Tangent, Oregon. more...
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Retail Numbers Are Mixed, Spells Uncertainty for Pallet Demand - Nov 18, 2022
The U.S. economy is in a weird situation. As long as consumer spending remains strong, the Fed will have to keep on raising rates in order to quell inflation. A retail survey of consumers by research firm Near found that at least 75% of shoppers intend to spend at least the same amount in 2022 as they did last year during the holidays.; Despite Some Lower Input Prices, European Pallet Prices Remain Elevated: Some price pressures are even greater in Europe than they are in the United States. Diesel fuel is much higher there. Labor rates are up too in Europe.; AUCTIONS: Formerly Bass Pallets Retirement Sale - Pallet Recycling Equipment & Large Fleet of Over 30 Trailers plus Real Estate! Saturday, December 3rd, 2022, 9am ET - 23 Industrial Park Dr, Lugoff, SC 29078; Formerly Genesee Valley Milling Corporation - Complete Sawmill Operation and Real Estate! Saturday, December 17th, 2022, 9am ET - 10903 State Route 36, Dansville, NY 14437 more...
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U.S. Forest Service Promotes Wood Packaging - Nov 11, 2022
What if plastic packaging was made from wood? Since the pandemic began, global usage of single-use plastic (think straws, masks, carry-out food shells, and convenience food containers) has tripled. Wood-based packaging is nothing new. Environmentally, the virtues of wood packaging when it comes to lowering greenhouse gas emissions are highly desirable, and sustainable packaging has emerged as one of the most promising uses for wood-based nanomaterials.; News in Brief: Check out the updated Pallet Enterprise Video Guide which helps you identify new sources and learn about the latest equipment. Carolina Handling set the record for creating the world’s largest pallet painting, made of pallets. Kamps, Inc. has acquired Realm Companies LLC from Great Range Capital. Tosca has partnered with Loop, the circular reuse platform for primary packaging developed by TerraCycle. KraftPal Technologies is a manufacturer of durable, lightweight and recyclable corrugated pallets.; Auction: Excess Assets of Tri Co Enterprises & Various Consigners. Online Only: Thursday, November 17th, 2022, 10am CT. Large Amount of Pallet Equipment, (2) Complete Sawmill Operations. more...
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Federal Investigators Cite California Pallet Company for Overtime, Minor-Aged Employee Violations - Nov 4, 2022
The government alleges that the company attempted to evade overtime provisions of the Fair Labor Standards Act. Investigators also discovered that the employer allowed minor-aged employees to drive forklifts and operate power-driven woodworking machines illegally, both of which are considered hazardous occupations for minors.; News in Brief: Transportation capacity is growing at a record clip in October. The parent company of CHEP, Brambles, announced sales were up 14% globally over the last quarter. PECO Pallet Inc.has named Lisa Vegso as chief commercial officer. Greenpeace USA has released a report suggesting that no plastics in the United States actually meet the common definition of recyclable. The Hardwood Federation (HF) has suggested that Congress may extend a variety of tax breaks. The United Nations’ (UN) Food and Agriculture Organization has released a report showing that global demand for finished and processed wood products will increase by 37% by 2050. more...
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PalletTrader Founder Unveils Vision for Future, Honest Talk about the Pallet Market - Oct 28, 2022
In the process of interviewing John Vaccaro, president of Bettaway Supply Chain Services, he had some interesting comments about the new platform he is launching as well as the current pallet market and changes he sees taking place in the future. These comments are very insightful regardless if you plan to participate in PalletTrader or not.; Kamps Opens Connecticut Facility: The new location is housed in a 55,000 square foot indoor facility outfitted for product storage, repair stations and state-of-the-art operations equipment. The company plans an initial hire of 30 employees.; AUCTIONS: Formerly Burke Sawmill Inc, 1975 State Hwy NN, Climax Springs, MO 65324, Saturday, November 5th, 9am CT. Excess Access of Tri Co Enterprises & Various Consignors, Online Only, Thursday, November 17th, 2022, 10am CT.
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California Recognizes Recycler Rights, Sets Precedent for Other Localities to Follow - Oct 28, 2022
In September, California has passed AB1760, which gives recyclers the ability to act if an owner of a proprietary pallet doesn’t arrange for transport/collection in a timely manner. It could put more pressure on pallet owners to act faster, pay more and in some cases, collect less-than-truckload quantities of stray pallets.; Pallet Survey Identifies Used Pallet Challenges and Service Opportunities: There were no real surprises in the results this year. Wood remains king of the supply chain even though used pallets were harder to find and poorer quality than in the past.; WPA Webinar Series Rewind – Pallet Industry Trends: Chaille Brindley, pallet industry journalist from the Pallet Enterprise covered macro-economic trends as well as major issues affecting the pallet sector.; PalletTrader Launches as Online Marketplace for Sourcing, Buying and Selling Wooden Pallets: The new online platform brings the ease, simplicity and efficiency of a common e-commerce transaction experience to what has been a fragmented world of suppliers and pallet recyclers.; Recycle Bits: Millwood, Inc. has just acquired its first Texas pallet facility, Austin Pallet Company. Kamps, Inc. has opened a new pallet facility in Bloomfield, Connecticut. A U.S. Department of Labor investigation has recovered $216,674 in unpaid overtime wages. The parent company of CHEP, Brambles, announced sales were up 14% globally over the last quarter. more...
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PalletTrader Launches as Online Marketplace for Sourcing, Buying and Selling Wooden Pallets - Oct 21, 2022
The new online platform brings the ease, simplicity and efficiency of a common e-commerce transaction experience to what has been a fragmented world of suppliers and pallet recyclers. It is an independent, neutral online business platform, enabling and streamlining the digital trading and sale of pallets in a collaborative, secure e-commerce environment.; New Forest Health Bill Introduced in the Senate: Its objective is to improve forest health by directing the Forest Service and BLM to set annual acreage targets for mechanical thinning projects on National Forests and public lands. more...
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Pallet Survey Identifies Continued Wood Pallet Dominance - Oct 14, 2022
Wood remains king of the supply chain even though used pallets were harder to find and poorer quality than in the past. The study covers key issues related to pallet purchases.; CHEP Releases 2022 Sustainability Review: CHEP’s parent company Brambles, has set sustainability targets for 2025 and is working toward pioneering a regenerative supply chain. more...
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Prepping to Celebrate National Forest Products Week - Oct 7, 2022
This week recognizes the impact of the industry, and is a great time to highlight your company’s track record when it comes to sustainability, recycling and local economic impact.; NEWS IN BRIEF: Kamps, Inc. named multi-industry executive Kevin Bailey as COO.; Quarter 4 Profile Regional Lumber Trends: These graphs illustrate the average lumber prices published within each region over the past year. more...
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California Passes Bill Outlining Pallet Recycler Rights - Sep 29, 2022
Will this law be a model for other states to consider? It could put more pressure on proprietary pallet owners to act faster, pay more and in some cases, collect less-than-truckload quantities of stray pallets.; Millwood Acquires Austin Pallet, Outlines Its Integration Process: Texas based pallet facility Austin Pallet sells new and used pallets as well as produces crates and custom packaging. as well as being a co-packer for Millwood's CORE Erosion Control product brand.; OSHA Cites Texas Pallet Company for Amputation Hazards: Looking specifically at the issue of machinery guarding and amputation hazards, it is important to conduct a Risk Assessment of a facility to develop a Written Safety Plan.
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Brambles Annual Report Illuminates Strategy and Challenges - Sep 28, 2022
The parent company of CHEP, recently released its end of fiscal year financials. The following are some key takeaways for recyclers to know about CHEP’s current practices and outlook.; 48forty Solutions Acquires Innovative Data Systems, Guarantees Data Security for Customers: Alan Miceli, the president of IDS said nothing is going to change for IDS customers. It is business as usual.; Researchers Seek Help with Wood Pallet Industry Survey: In the past, data from this survey has been used to measure overall industry activity, analyze the economic and supply chain impact of pallets, identify recycling and sustainability improvements, etc. more...
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USITC Votes Against Countervailing Duties on Imported Pallet Nails - Sep 23, 2022
The Commission further voted to terminate the countervailing duty investigation concerning Sri Lanka nail imports. In response, imports from those countries are expected to significantly rise over the next six to nine months.; Researchers Seek Help with Wood Pallet Industry Survey: The survey results will be published in peer-reviewed journals to provide credibility. It will also be widely shared with the industry through industry publications, such as Pallet Enterprise. The aggregated results will be sent to anyone who completes the survey and requests a copy.; Kamps Inc. Acquires Northland Pallet Inc.: Northland Pallet has a thriving wooden pellet operation, nationally distributing the product created from compressed wood waste. The acquisition expands Kamps’ local presence in a key new market.
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48forty Solutions Acquires Innovative Data Systems, Guarantees Data Security for Customers - Sep 16, 2022
Nothing is going to change for IDS customers. It is business as usual. The company is as committed as ever to being a crucial data partner with its customers, including protecting the privacy of sensitive customer information.; Report Forecasts Significant Growth for U.S. Pallet Industry: The market for pallets is being driven by the growing popularity of online shopping in the United States, which is resulting in the wide adoption of pallets by large online retailers to store and transport their merchandise.
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Update on Federal Government Actions Affecting the Hardwood Sector - Sep 9, 2022
The U.S. Departments of Agriculture and the Interior published notice seeking public comment on the development of a “universal definition framework” for old growth and mature forests on federal land, setting the stage for a federal inventory for old growth and possible new restrictions on sustainable harvesting practices.; 48forty Solutions Acquires Pallet-Ops: The company’s services include pallet retrieval, lease pallet management, and pallet repair and return across the southwestern region of the United States. more...
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Mega Recyclers Acquire Facilities in Texas and Florida - Sep 2, 2022
The acquisition of TaylorMade brings PLA's asset network to 77 facilities and expands the company's capacity and service capabilities within the South Texas market. Kamps Inc. has added to its network in Florida by acquiring the Jacksonville, Florida location from Pallet Express Inc. in addition to All-State Pallets Company LLC, an Orlando-based pallet company..; Caring for Others in the Pallet Industry: David and Krista Lieber of Profile Technology and the entire Lieber family are stunned by the tragic loss of important family.; FEFPEB President Identifies Need for New Approaches to Attract Workers: Should the U.S. pallet industry do something similar? Is it time to revisit the tagline, “Pallets Move the World?,” and work on getting out the word through coordinated campaigns, websites and more? more...
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Nail Duties Could Impact Pallet Nail Market - Aug 26, 2022
The DOC has assessed duties on nail imports from India, Turkey, Thailand and Oman. Oman is the largest nail producer in the world, and the DOC’s recent decision could take Oman off the market as industry speculation is swirling that the Oman nail mills will shut down instead of pay outrageous duties.; PLA Opens New Pallet Management Facility: Conveniently located near a major transportation corridor in Houston, the facility will service customers in a 150-mile radius, and has been equipped with state-of-the-art automated sort and repair equipment.
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Nail Duties Could Impact Collated Fastener Availability - Aug 26, 2022
Pallet recyclers need to be aware that available supply and pricing may get worse. The big kicker was the huge spike in duties for Oman imports. Due to a filing misunderstanding with the DOC, the DOC decided to assess the maximum duty allowable of 154.33% based on the trade case petition.; 48forty Solutions Completes Acquisition of CALco Pallets: This acquisition further expands the company footprint in the Midwest and creates significant operational opportunities for 48forty, especially within the Chicago/Milwaukee market. more...
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Brambles Releases Fiscal Year Results, Snapshot of the Future - Aug 18, 2022
Brambles increased profits by 10% thanks to price increases and surcharges. Lumber and other inflationary pressures added significant cost to the bottom line too.; EPA Issues Boiler MACT Standard: These rules include some flexibility with respect to emissions from biomass boilers.; Fellowship of Christian Lumbermen Holds Weekly Prayer Calls: This conference call is free and open to anyone who wants to participate.; News In Brief: U.S consumer confidence reached near a 1.5 year low recently. more...
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Review Leads U.S. Trade Officials to Reduce Canadian Softwood Lumber Duties - Aug 12, 2022
This reduction comes as part of an annual review process conducted by the DOC on duties. While the Canadian government welcomed the reduction, Canadian officials stated that they intend to challenge the results of this review.; Wynnchurch Capital Buys
FCA Packaging: FCA has developed a strong reputation serving blue-chip OEMs with pallet, crating and specialty packaging, and has a solid engineering and testing capability.; AUCTION: Formerly Central Wood Products, 1809 CR 1300E, Sullivan, IL 61951, Saturday, August 27th, 2022, 10am central time. more...
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U.S. Manufacturing Production Drops, Other Goods Figures Paint Complex Picture - Aug 5, 2022
Pallet companies are indicating that overall pallet demand is dropping somewhat although it is far from a crisis situation. Typically, this time of year pallet demand drops off in the summer and picks up again in the fall.; Dr. Marshall (Mark)
White Purchases White and Company LLC: An agreement between the Ongweoweh leadership and Dr. White was finalized in June, making him the sole owner moving forward. Dr. White will retain his son, Braden, as managing director. more...
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Insights from Brambles Decision to Forgo a Costco Plastic Pallet Pool – Part 2 - Jul 29, 2022
CHEP admitted that plastic pallets offer some pooling advantages in terms of asset longevity, tracking to enhance supply chain visibility and transportation savings. But those benefits were not able to overcome the original purchase price, especially when CHEP could not obtain favorable pricing or use terms from customers.; NEWS IN BRIEF: U.S consumer confidence reached near a 1.5 year low. Safetylawyer.com recently reported that cannabidiol (CBD) products are triggering positive drug tests.
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Brambles Says No to Plastic Pool Plunge - Jul 27, 2022
The parent company of CHEP USA, has made the decision not to launch a large plastic pool in the United States for its retail partner, Costco Wholesale Corp. after the retailer announced a number of years ago its intention to switch to plastic pallets in the future. The company’s stock price has been up ever since the plastic pallet launch decision was made.; Canadian Officials Update ISPM-15 HT Program Policies: One major change allows Canadian pallet producers to use foreign lumber and wood material as part of the country’s official ISPM-15 program. Probably the most important rule revision deals with repaired HT pallets.; Recycle Bits: NWPCA fall plant tour held October 18-19 in Augusta, Georgia. CWPCA announced the election of Vic Ulgiati of Weston Forest Products as the president of the association. Global Cold Chain News recently reported that used pallet demand is skyrocketing in the UK. Pallet Logistics of America has officially rebranded as PLA. Wynnchurch Capital has acquired FCA Packaging LLC from Delos Capital. more...
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New Home Construction Drops - Jul 22, 2022
Higher interest rates are hampering mortgage affordability for single-family homes, which reached a two-year low. Single-family home construction is a major driver of demand for lumber and wood products.; NWPCA to Hold Fall Plant Tours in October, Focusing on Sawing Technology: The event will be held October 18-19 in Augusta, Georgia. Battle Lumber Company in Wadley, Georgia, and Heart Wood Products in Warrenton, Georgia, host this year’s tours.; NEWS IN BRIEF: UFP Industries has acquired a 50% stake in Dempsey Wood Products, LLC. more...
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Brambles Says No to Plastic Pool Plunge – Part 1 - Jul 15, 2022
CHEP has made this strategic decision even though it risks losing a sizeable customer. But when you look at the situation and the numbers it just makes sense. It seems that the stock market agrees with Brambles management.; Smart Marketing – PLA Announces New Branding and Website: The new website does a very good job of branding focused on pain points for pallet users. It connects with the emotional stress that many pallet buyers have, especially over the last two years. more...
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Canadian Officials Update ISPM-15 HT Program Policies - Jul 1, 2022
Aimed at making the program better, making the rules easier to understand and protecting the integrity of the program against facilities operating on the outside, one major change allows Canadian pallet producers to use foreign lumber and wood material as part of the country’s official ISPM-15 program.; Summer 2022 Publishing Break: The staff of the Profile will publish its next issue on July 15th. Thanks for your understanding as our team takes some time to recharge.; Regional Lumber Trends: These graphs illustrate the average hardwood cant lumber prices published within each region over the past year.
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PLA Buys Propak; Makes Major Splash in Pallet Management and Core Market - Jun 28, 2022
Pallet Logistics of America (PLA) has been going under the radar in the battle between 48forty Solutions and Kamps Pallets for supremacy in the recycled pallet market. In the battle to control more core supply, Propak manages a third of Walmart’s network. PLA is backed by private equity, and is a portfolio company of Silver Oak Services Partners, LLC.; Is Supply Chain Data Pointing Toward a Recession?: A slowdown in consumer spending caused by inflation and a potential recession will have a massive impact on freight demand and prolong an inventory drawdown. So far, pallet demand has remained robust for pallet producers.; Recycle Bits: Building permits decreased 7% on a month-over-month basis in May. OSHA wants companies to realize that heat can kill. Brambles has committed to reach net-zero emissions by 2040. 48forty Solutions is strengthening its position in the West. MMH magazine recently wrote, the pallet supply-demand balance is out of whack and not expected to right itself soon. more...
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Recession Fears and the Bullwhip Effect Could Create Perfect Supply Chain Storm - Jun 24, 2022
A potential economic recession and the supply chain bullwhip are colliding. So far, pallet demand has remained robust for pallet producers. But if a current forecast is right, a lull may be coming. And it just hasn’t worked its way down from the docks to the pallet yards yet.; Tariff Relief Not on the Table for Canadian Lumber: Softwood lumber is one of our oldest trade disputes with one of our largest trading partners. There is no indication that before the mid-term election the Biden administration is truly interested in taking on a trade issue.
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Pallets Making Big News, Undergoing Industry Transition - Jun 17, 2022
With pallet demand outpacing production, lead times increasing and most pallet users experiencing spikes in demand for their products, the supply-demand balance is out of whack and not expected to right itself soon.; New Home Construction Fell Faster Than Expected in May: It looks like the housing sector is starting to pull back as high prices and rising inflation are scaring home builders.; Heat Stress App Available for Free: Heat can kill. That’s the message that the OSHA wants companies to realize. more...
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PLA Buys Propak, Makes Major Splash in Pallet Management and Core Market - Jun 10, 2022
Pallet Logistics of America has grown through strategic acquisitions over the last few years, but this is its biggest deal in terms of overall impact and network expansion.; Westward Expansion, 48forty Solutions Buys the Recycling Division of Girard Wood Products: This is the first carve-out acquisition deal closed by the company. The Pallet Recycling Division based in Lacey, Washington is not only situated in a highly strategic location, but it is also highly efficient and well-run. more...
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EXPO Richmond Roundup - Jun 3, 2022
Attendance was down this year at EXPO Richmond, but the people who did show up were looking to buy. We discuss some of the things about the show.; OSHA to Develop Heat Hazard Standard: This rule would affect pallet and lumber companies all over the country if enacted. Inspectors are reviewing safety logs for heat-related illness and are looking for written heat stress training and response programs. more...
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How Retail Has Changed and What It Means for Pallet Demand - May 27, 2022
Pallet manufacturers and recyclers are still very busy. You would expect that pallet demand would start to decline given the news headlines and purchase orders. Several factors starting with supply chain disruptions have caused stock delays.; Millwood Q&A on Its Acquisition Strategy: Owner Steve Miller replies to questions about the company's recent purchase of Cleveland Custom Pallet & Crate, Inc. and future plans. more...
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Why the Disconnect? - May 27, 2022
If you follow Wall Street, stocks and financial news, you would expect that pallet demand is starting to drop. So, why are pallet suppliers still so busy? We'll take a look at some economic trends and try to figure out what is going on. There are two main driving factors for current pallet demand – housing and retail sales.; Brambles Takeover Bid Stalls: CVC Capital Partners has discontinued its discussions in regard to its unsolicited proposal to acquire all of the shares of the company citing the current external market volatility.; Millwood Acquires Cleveland Custom Pallet & Crate, Inc.: CCPC was founded by Mike Broeckel, who wanted the company to be a place where young people from his community and church could work and grow in their faith as well as having a tradition of hiring second-chance people or those who found it difficult to work for other manufacturing companies. more...
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Finding a Good Fit Is Important in Business Sales, Millwoood Acquires Cleveland Custom Pallet & Crate, Inc. - May 20, 2022
All the flurry of acquisition activity raises some questions that you should consider when a larger company comes calling looking to acquire your business. Ultimately, if you don’t like the people, the deal probably won’t be a good fit no matter how many zeroes are added to the check.; Brambles Takeover Bid Stalls: The parent company of CHEP USA, recently announced that it has discontinued its discussions with CVC Capital Partners due to the current external market volatility.
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Diesel Fuel Prices Shoot Up, Is It Time to Consider a Fuel Surcharge? - May 13, 2022
Will diesel prices go down any time soon? In the long run, prices aren’t expected to ease back to pre-pandemic levels any time soon. The decision to institute a fuel surcharge isn’t something you should take lightly. But it may be time for more pallet companies to consider given the volatility of the fuel market.; Register for EXPO Richmond Today, See Equipment on Display: About 300 exhibitors are expected to be showcasing technology for logging, sawmilling, pallet manufacturing, pallet recycling, drying, scanning, materials handling and more. Also, come by and chat with our staff. We love to talk pallets and lumber with our readers. Come see us at booth number 732/734.
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U.S. Housing Trend Updates and Forecast - May 6, 2022
Interest rates are rising although the Federal Reserve suggested in a recent announcement that it expects to continue along its already established pace of interest rate hikes. At the same time, prices of existing homes remains fairly high because of a lack of inventory.; EPAL Pallet Production Reaches New High in 2021: EPAL continues to serve as a model for what many in the white-wood sector in the United States hope to build. It was able to do in Europe what CHEP USA failed to do in this country. more...
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OSHA Develops Emphasis Program for Heat Hazards - Apr 29, 2022
These efforts are part of a Biden-Harris administration effort to protect workers and communities from extreme heat and rising temperatures resulting from climate change. OSHA inspectors and compliance assistance specialists will engage in proactive outreach and technical assistance to help stakeholders keep workers safe on the job.; Brambles Warns about Global Pallet Shortages: The company has undertaken a major program to revamp its operations through automating U.S. service centers, improving sawmill capabilities and developing digital tools to better forecast supply chain needs and reduce environmental impacts. more...
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Nail Price Market Update – Concerns Persist - Apr 27, 2022
Now may be the right time to buy surplus stock before prices jump up again. The war in Ukraine is affecting global steel and raw material supplies. Later this summer antidumping duties will be imposed on nail imports from five countries, which could further restrain supply and drive up prices.; Nature’s Packaging Launches EPD Explainer Video: This video explains the critical role that pallets play in the supply chain, and reviews why the sustainable performance of pallets matters as pallet companies communicate with customers.; OSHA Develops Emphasis Program for Heat Hazards: A key part of the program, OSHA will proactively initiate inspections in over 70 high-risk industries in indoor and outdoor work settings when the National Weather Service has issued a heat warning or advisory for a local area, on days when the heat index is 80° F or higher.; See the Latest in Automation, Prep for the Future at Expo Richmond 2022: Many suppliers will have physical models on display and some will even run live demonstrations. About 300 exhibitors are expected to be showcasing technology for logging, sawmilling, pallet manufacturing, pallet recycling, drying, scanning, materials handling and more.; The Recycle Record Issues Correction on CHEP Revised ARP Story: The Recycle Record take its role of reporting accurate information seriously and will always work to correct any inaccuracies that arise as quickly and professionally as possible.
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