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Pallet Foundation Funded Study Identifies Key Workforce Challenges - Jul 28, 2023
The report identified some potential innovative solutions for tapping new labor sources. Some companies are recruiting actively from incarcerated and second chance populations. Other labor sources include former veterans. For example, 48forty Solutions has been partnering directly with veterans’ organizations, such as Military Hire.; OSHA Expands Electronic Recordkeeping Requirements: Under the new rule, employers with 100 or more employees in designated high-hazard industries will be required to electronically submit information from their Forms 300 and 301 in addition to Form 300A. more...
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Pallet Foundation Funded Workforce Study Released - Jul 27, 2023
The report identified some potential innovative solutions for tapping new labor sources. Some companies are recruiting actively from incarcerated and second chance populations. Other labor sources include former veterans. For example, 48forty Solutions has been partnering directly with veterans’ organizations, such as Military Hire.; Correction: Pallet Demand Recovery Forecast: While the overall conclusions in a previous article are correct, the exact numbers reported were off as a calculation error was made based on the wrong number of respondents. more...
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DOC Rules Vietnam Hardwood Plywood Products Are Subject to China Duty - Jul 21, 2023
The DOC found that 37 companies were trying to circumvent duties and that the products were actually a product of China. The Coalition for Fair Trade of Hardwood Plywood brought the circumvention case after imports from Vietnam spiked following the imposition of antidumping and countervailing duties on China.; Conner Industries Opens New Manufacturing Facility in Southern Kentucky: The new facility is just one of several large investments and acquisitions made by the company over the last few years and will serve large manufacturing customers in both the Southern Kentucky and Tennessee markets.; NEWS IN BRIEF: Starting next month, the Pallet Profile Weekly will add a softwood pallet price to its Eastern Pallet Market numbers page. Looking for a new pallet nailing solution? Don’t miss the 2023 Pallet Enterprise Nailing Machine Guide. British Columbia ports remain in limbo as union long-shore members recently rejected a brokered four-year deal. East Idaho News recently covered the work legacy of Tad Hegsted and Kelly Bennion upon their retirement from Challenger Pallet and Supply. more...
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EPAL Cracks Down on Counterfeit Pallets, Sold as 2nd Class Pallets, Possibly from Illegal Sources - Jul 14, 2023
Officially, EPAL does not offer substandard pallets using its trademark. The association stated that these counterfeit pallets have been offered at “conspicuously low prices." EPAL therefore recommends that EPAL Euro pallets should only be purchased from EPAL licensees.; Pallet Profile to Add Softwood Pallet Price: Depending on the area, the pallet will either be SPF or SYP. Our team is attempting to gather numbers now from contacts. Correction: Pallet Demand Recovery Forecast: While the overall conclusions in the article are correct, a calculation error was made based on the wrong number of respondents.; Hardwood Cant Quarterly Regional Lumber Trends: These graphs illustrate the average lumber prices published within each region over the past year. more...
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Poll Shows Pallet Demand Drop, Changing Customer Attitudes - Jun 30, 2023
Respondents stated that pallet demand has dropped from the historical highs of the last two years. In phone conversations with market contacts, we had heard comments suggesting that the average drop has been between 20-30% or more.; Summer 2022 Publishing Break: The staff of the Profile will publish its next issue on July 14th. Thanks for your understanding as our team takes some time to recharge. more...
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Economic Trends to Watch, Poll Shows Pallet Demand Drop, Changing Customer Attitudes - Jun 29, 2023
During a recent webinar for the Western Pallet Association (WPA), I asked attendees to comment on recent pallet demand as well as changes in customer attitudes and outlook for a recovery. Respondents stated that pallet demand has dropped from the historical highs of the last two years.; 48forty Solutions Acquires Taylor Pallets & Recycling: Taylor is the largest pallet recycler in South Carolina, employing more than 180 people and operating its own private fleet. It services customers through its four locations in South Carolina and Georgia. more...
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U.S. Housing Starts Surge Higher Than Expected - Jun 23, 2023
Expert opinion is mixed on the real implications of the latest new construction numbers. There is still a lack of housing in many markets, and young families want to move into more long-term, single-family units if they can afford it. A major factor remains the impact of higher interest rates. Even though the Fed skipped raising interest rates this month, many believe rate increases will continue in the near future.; The McCown Report: Container Volume Analysis: May was the fourth worst year-over-year decline in memory. The prior pandemic volume spikes are driving the decreases. more...
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Manufacturing Outlook Signals Continued Rough Conditions Ahead - Jun 16, 2023
One of the biggest challenges still facing manufacturers is locating skilled labor. Some good news, a majority of respondents anticipate that supply chain disruptions had either already abated or would do so in the current quarter. Most key indicators are down, suggesting that the manufacturing economy will continue to struggle throughout the year.; WPA to Offer Economic Analysis in June Webinar: On June 22nd at 1:00 p.m. (PDT) Chaille Brindley will speak on “Ripple Effects: A review of economic indicators evaluating the potential impact on current and short-term pallet activity.” more...
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48forty Solutions Acquires Taylor Pallets & Recycling - Jun 9, 2023
Taylor is the largest pallet recycler in South Carolina. The company specializes in recycled, new, and custom-built pallets for customers in South Carolina, Georgia and North Carolina.; WPA Set to Launch Online Learning Platform: Pallet University is set to offer its first certificate course in July, Wood Pallet Fundamentals, designed to equip participants with in-depth knowledge about wood pallets and critical processes in pallet operations.; NEWS IN BRIEF: The U.S. Forest Service has is requesting feedback from stakeholders on Executive Order 14072.; PalletTrader.com, an online platform dedicated to buying and selling pallets, is on track to process one million pallets. more...
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PalletOne Moves Forward with New Concierge Service Made Possible by Largest National Network - Jun 2, 2023
This service provides customers a dedicated pallet solutions expert to streamline procurement and resolve supply issues nationwide through the first wholly-owned, coast-to-coast pallet supply network. Rather than being forced to contact several vendors, customers can supply multiple plants and locations with one provider and contact.; WPA to Offer Economic Analysis in June Webinar: The webinar is free to any WPA member. On June 22nd at 1:00 p.m. (PDT) Chaille Brindley will speak about the health and short-term future of the U.S. economy. Millwood, Inc. Opens First Location in Alabama: Millwood welcomed 20 new team members to the family including a facility chaplain.; PRODUCTION OVERRUN: Available for Purchase and Immediate Shipment: Engineered Extruded Wood Pallet Blocks. more...
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