{"id":1894,"date":"2021-04-11T16:05:25","date_gmt":"2021-04-11T16:05:25","guid":{"rendered":"https:\/\/uwgroup.com.tr\/?p=1894"},"modified":"2021-04-11T16:05:29","modified_gmt":"2021-04-11T16:05:29","slug":"the-forgotten-shipping-pallet-stages-a-pandemic-era-rally","status":"publish","type":"post","link":"https:\/\/uwgroup.com.tr\/ru\/the-forgotten-shipping-pallet-stages-a-pandemic-era-rally\/","title":{"rendered":"The Forgotten Shipping Pallet Stages a Pandemic-Era Rally"},"content":{"rendered":"\n

Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic.\u00a0Sign up here.<\/em><\/p>\n\n\n\n

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

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 — cheap lumber and labor — are scarce, and even nail costs are rising.<\/p>\n\n\n\n

The result: Pallet prices have hit record highs, according to a U.S. Labor Department index, and\u00a0European gauges\u00a0show 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 — adding to inflationary pressures rippling across supply chains.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Source: U.S. Bureau of Labor Statistics<\/p>\n\n\n\n

\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

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

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

Wood\u2019s Dominance<\/h3>\n\n\n\n

There are roughly 5 billion pallets in use worldwide, and an estimated\u00a02 billion\u00a0in the U.S. alone — enough to go two-thirds of the way to the Moon if stacked on top of each other. About 90% are wooden and the rest are made of plastic, metal or cardboard. Each year, some\u00a0513 million\u00a0new wood ones are built in the U.S. and another 326 million are repaired and put back in circulation, according to Horvath.<\/p>\n\n\n\n

Depending on the region, the usual price tag of $9 to $12 per wooden pallet may approach $15 this year. On Friday, U.S. government data showed the wood-pallet component of the producer price index jumped in March by the most since 1993.<\/p>\n\n\n\n

\u201cNew pallets, used pallets, rental pallets — they\u2019re all raising their prices,\u201d said Chaille Brindley, editor and publisher of Pallet Enterprise magazine and Pallet Profile, a market report.<\/p>\n\n\n\n

bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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