{"id":39799,"date":"2021-04-13T14:06:38","date_gmt":"2021-04-13T14:06:38","guid":{"rendered":"https:\/\/citypallets.ca\/cpwp\/?p=39799"},"modified":"2021-04-13T14:11:10","modified_gmt":"2021-04-13T14:11:10","slug":"the-forgotten-shipping-pallet-stages-a-pandemic-era-rally","status":"publish","type":"post","link":"https:\/\/citypallets.ca\/cpwp\/2021\/04\/13\/the-forgotten-shipping-pallet-stages-a-pandemic-era-rally\/","title":{"rendered":"The Forgotten Shipping Pallet Stages a Pandemic-Era Rally"},"content":{"rendered":"<div class=\"vgblk-rw-wrapper limit-wrapper\">\n<p>After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.<\/p>\n\n\n\n<p>Demand for the platforms used to haul nearly every consumer good or industrial ingredient is soaring amid a surge in e-commerce, forcing retailers and manufacturers to expand warehouses or pile inventories higher. At the same time, two keys to production &#8212; cheap lumber and labor &#8212; are scarce, and even nail costs are rising.<\/p>\n\n\n\n<p>The result: Pallet prices have hit record highs, according to a U.S. Labor Department index, and&nbsp;<a href=\"https:\/\/www.fefpeb.eu\/wooden-packaging\/timber-pallet-price-indices\" target=\"_blank\" rel=\"noreferrer noopener\">European gauges&nbsp;<\/a>show big jumps from the U.K. to Germany. The market may stay hot through the peak construction season in the springtime and as Covid-19 vaccines help revive restaurants and event venues &#8212; adding to inflationary pressures rippling across supply chains.<\/p>\n\n\n\n<p>\u201cSupply is just barely keeping up with demand,\u201d said Howe Wallace, chairman and CEO of PalletOne Inc., a Bartow, Florida-based producer with facilities across the Southeast. \u201cIt\u2019s a pretty dicey situation.\u201d<\/p>\n\n\n\n<p>At Virginia Tech\u2019s Center for Packaging and Unit Load Design, the nation\u2019s foremost pallet laboratory, \u201cthe companies we work with, every single one of them, said they\u2019ve had their best year,\u201d said Associate Professor Laszlo Horvath, the center\u2019s director.<\/p>\n\n\n\n<p>Pallets serve as the base of a so-called unit load, a standard way to ship products so they\u2019re easy to move with forklifts and jacks. They are generally bought or leased by product makers and get baked into transport packaging costs. When a retailer or other end user is finished with pallets, recycling companies collect, repair and resell them. Some industries like bottling companies manage their own pallet pools.<\/p>\n\n\n\n<p>Read Full Article: <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-09\/the-forgotten-shipping-pallet-is-staging-a-pandemic-era-rally\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-09\/the-forgotten-shipping-pallet-is-staging-a-pandemic-era-rally\"><span style=\"text-decoration: underline;\">Bloomberg<\/span><\/a><\/p>\n<\/div><!-- .vgblk-rw-wrapper -->","protected":false},"excerpt":{"rendered":"<p>After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect. Demand for the platforms used to haul nearly every consumer good or industrial ingredient is soaring amid a surge in e-commerce, forcing retailers and manufacturers to expand warehouses or pile inventories&#8230;<\/p>\n","protected":false},"author":2,"featured_media":39800,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[60],"tags":[],"class_list":["post-39799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pallet-industry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/posts\/39799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/comments?post=39799"}],"version-history":[{"count":2,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/posts\/39799\/revisions"}],"predecessor-version":[{"id":39810,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/posts\/39799\/revisions\/39810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/media\/39800"}],"wp:attachment":[{"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/media?parent=39799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/categories?post=39799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citypallets.ca\/cpwp\/wp-json\/wp\/v2\/tags?post=39799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}