Article Directory
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
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. more...
Tags:
 
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...
Tags:
 
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...
Tags:
 
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. more...
Tags:
 
Will CHEP Go Plastic for Costco? Part 2 - Apr 22, 2022 
CHEP has been testing a plastic pallet with Costco and is about ready to make its decision sometime this summer. Why should a white-wood pallet company care about CHEP and its plastic pallet conundrum? Let’s explore that question because it could have far-reaching implications for CHEP, CHEP customers, Costco and even the white-wood pallet market.; Nature’s Packaging Launches EPD Explainer Video:Why do your customers care about sustainability? These questions and more are covered in a new EPD explainer video produced by Nature’s Packaging, an educational and outreach campaign funded by the wood pallet sector in the United States. more...
Tags:
 
Will CHEP Go Plastic for Costco? Part 1 - Apr 15, 2022 
The major club store retailer has given CHEP an ultimatum to accommodate its plastic needs or risk losing its pallet volumes. The pallet rental giant has stated it will make a decision on the Costco plastic pallet issue before the end of this fiscal year, sometime before June 30.; Looking for Pallet Lumber? Search the Lumber Pages Online! This extremely tight market has certainly favored sellers. In uncertain times, you may need to reach out to new sources to locate available lumber supplies. more...
Tags:
 
Raw Material Shortage in Europe and New Duties Likely to Drive Up Nail Rates - Apr 8, 2022 
Nail supply just tipped back into a reasonable position over the last three months, but this may just be the calm before the storm. Now may be the right time to buy surplus stock before prices jump up again.; See the Latest in Automation, Prep for the Future at EXPO Richmond 2022: Next month, about 300 exhibitors are expected to be showcasing technology for logging, sawmilling, pallet manufacturing, pallet recycling, drying, scanning, materials handling and more. more...
Tags:
 
Forest Products Innovation and Technology Summit to Be Held in May - Apr 1, 2022 
In conjunction with EXPO Richmond, Virginia Tech University is sponsoring a workshop on the latest in innovation and technologies in the forest products industries. The event will be held in Richmond, Virgina on May 19, 2022, at Hilton Garden Inn in Sandston, Virginia from 8:30 a.m. to 4:00 p.m.; 48forty Solutions Secures Additional Funding, Consolidation Trend Continues: The mega recycler has obtained additional equity investments by Summit Partners in addition to the funding provided by Audax Private Equity that purchased the business in December 2020.; Regional Lumber Trends: These graphs illustrate the average lumber prices published within each region over the past year. more...
Tags:
 
48forty Solutions Secures Additional Funding, Consolidation Trend Continues - Mar 29, 2022 
The company has obtained additional equity investments by Summit Partners in addition to the funding provided by Audax Private Equity that purchased the business in December 2020. Summit joins Audax as an equal partner in the business, with 48forty’s management team retaining meaningful ownership.; CHEP Releases Upgrades to Its Asset Recovery Program: Starting on March 6th, CHEP has raised its standard fees from $2.24 to $2.84 plus a fuel surcharge for stray pallets returned to a CHEP service center. The rental company has increased its basic recovery fee from $1.15 to $1.75 per pallet loaded onto a CHEP collection truck.; Pallet Rental Pooler Peco Discusses Return Delay Problem: As pallets are held longer, there are fewer ‘turns’ or reissues per year. Consequently, the available pool of pallets shrinks, impacting how much pallet inventory is in the network for all users.; U.S. Diesel Prices Shoot Up: Retail gasoline and diesel fuel prices have never increased at a rate that fast over a three-week period in the history of data coming from the U.S. Energy & Information Agency (EIA). more...
Tags:
 
Sustainability and CSR Takes Center Stage for Future Customer Dialogues - Mar 25, 2022 
The reality on the ground today is that customers just want and need pallets and are trying to avoid higher prices. Supply and price remain king for the moment. But increasingly larger companies are starting to reward executives and managers based on CSR principles, and suppliers who have green credentials will secure more business in the future.; Pallet Pooler Discusses Return Delay Problem: Many customers want to know why rental companies don’t just crank up production of new rental pallets. Rental providers don’t want to significantly ramp up production during a time when pallets are very expensive to produce extra supply just to end up warehousing those pallets later if demand retracts. more...
Tags:
 
CHEP Releases Upgrades to Its Asset Recovery Program - Mar 18, 2022 
The pallet rental company has increased its basic recovery compensation from $1.15 to $1.75 per pallet loaded onto a CHEP collection truck.The most recent changes to the ARP are based on a third-party study to assess the fairness of its compensation rates.; U.S. Diesel Prices Shoot Up: From February 24th through March 14th, the average U.S. on-highway retail diesel fuel price increased 29% from $4.06/gal to $5.25/gal. Retail gasoline and diesel fuel prices have never increased at a rate that fast over a three-week period. more...
Tags:
 
Brambles Reports Positive Earnings, Being Targeted for Possible Acquisition - Mar 11, 2022 
Any equity play is in the early stages. Brambles is attractive now due to its share price and global footprint servicing supply chains with critical products and services. It is investing millions in its data capture and analytics to protect its assets and better manage movements through its network.; 48forty Solutions Strengthens Grip on Southern Market: The nation’s largest recycler recently closed on deals for Bo’s Pallets, Inc. and Pallet Consultants. These two deals are significant for their scope and technological benefits, and is the ninth and tenth acquisition completed since Audax Private Equity acquired 48forty as a portfolio company in November 2020.; EPAL Provides Report on Ukraine War Impact: Wood for packaging and pallets is almost currently not being exported from Ukraine to Europe. The sanctions against Russia and Belarus alsom mean that wood imported from these countries into all the European wood processing industries in recent years will no longer be available. more...
Tags:
 
Kamps Acquires L&R Pallet Service, 48forty Solutions Buys Nazareth Pallet Co. - Mar 4, 2022 
The two mega recyclers have added to their network in order to bolster their presence in the market. Both of their acquired businesses are strong pallet assets that will make good additions to the new owners as they continue to grow facilities, staff and expertise.; Impact of Ukraine Invasion on Global Wood Markets: According to WRI, Russia is the largest lumber exporter globally and ranks as the seventh biggest exporter of forest products worldwide. Forest products exports from Russia have increased rapidly in the past five years, led by softwood lumber and paper products. more...
Tags:
 
Pallet Quality Concerns Highlight Need for New Discussion on Standardization - Feb 25, 2022 
So, how has the pallet changed over the past decade? More pallet manufacturers are using more softwood and less hardwood. To keep costs down, pallet suppliers used computerized pallet design to remove lumber in the pallet and retain safety standards for the next pallet trip. This means pallet quality and durability suffers, which impacts the recycled market.; Pallet Enterprise Releases Operational Excellence Guide: These short highlights are a great resource for owners, managers and key employees. It can be used guide internal conversations about trends and preparing for the future.; Winter 2022 White Paper Released: What's the current state of the new and recycled pallet market? Subscribers are authorized to share this special report with their pallet customers. It is included with this issue of the market report. more...
Tags:
 
Trucking and Transportation Shortages and Challenges Plague Pallet Sector - Feb 25, 2022 
Every day we hear more reports from pallet companies about having a difficult time finding truck drivers. There isn’t just one cause. It is a myriad of things.; Will Consolidation Trend Pick Up in Canada? Paramount Pallet is a 48forty Solutions Company, and it has just acquired Industrie de Palettes Standard (I.P.S.) Inc., a major recycler serving the Montreal market.; more...
Tags:
 
State of the West – Part 2: WPA Speech Looks at Changes in the Industry and What’s Coming Next - Feb 18, 2022 
Standardization could help the new pallet sector as well when it comes to common footprint sizes, such as GMAs. But the real need is in the recycled sector. I believe the future may just be real standards for quality and dimension. But one thing is needed to make that happen.; Kamps Pallets Releases Green Scorecard: Discussion of how a pallet company is talking about environmental issues and using its business practices to highlight its environmental record. Let’s see what some of the others in the industry do to match or exceed this performance.; European Association Releases Pallet Sector Quarterly Lumber Data: The latest analysis of pallet timber prices in Europe shows a decrease in the fourth quarter of 2021 after sharp increases earlier in the year.; Winter 2022 White Paper Released: The staff of Pallet Profile has put together a White Paper tackling the topic, "Supply and Cost Constraints Continue into 2022." Attached is a pdf file of the report for download. It can also be accessed from the "Online Resources" tab at the top of the subscriber portal menu. If you have difficulties downloading a copy, call 805-550-0323, extension 105 and ask for Rick Henretty or email rick@palletprofile.com. Our White Paper series are designed to provide pallet users a general overview of current trends. Subscribing pallet companies are authorized to send these White Papers to customers as independent, third-party commentary and analysis of the market. more...
Tags:
 
How OSHA May Pivot on COVID-19 Rules - Feb 10, 2022 
The agency isn’t likely to include a vaccine mandate for general workers due to the Supreme Court ruling. But it could include some of the less onerous requirements, such as increased training or record keeping.; Winter 2022 White Paper Released: Pallet demand remains strong. Finished pallet prices are elevated as inflationary pressures continue. Overall, there is no imminent relief in sight unless a major recession occurs.; Tips for Proactive OSHA Inspection Management: A national workplace safety lawyer who works with the pallet industry identified some keys to remember when OSHA comes knocking at the door. more...
Tags:
 
Commerce Department Announces Intention to Cut Softwood Duty Rates - Feb 4, 2022 
While the roller coaster ride does make it difficult to plan long-term, homebuilders and lumber users welcome lower duties. The United States will continue its higher duties on Canadian imports until likely the fall when its final determination on the duties is expected to be released.; NWPCA Offers Webinar for Regulations on Imported Lumber: Regulations on importing lumber into the United States are different from wood packaging. The event is scheduled for Thursday, February 10, 2022 at 11 a.m. (EST). more...
Tags:
 

Page of 23 page(s) | View per page
Copyright © 2024 Industrial Reporting Inc.