Industry Analysis & Industry Trends
The industry's growth slowed during the recession as downstream demand from the retail and manufacturing sectors declined. This factor contributed to a decline of industry revenue in 2008 and 2009 as freight volumes declined. However, freight volumes and total trade value have since increased, boosting the demand for pallets and skids used in transportation and warehousing of goods. Furthermore, the industry has benefited from an increasing number of companies that use pallet rental programs rather than purchasing pallets. These trends contributed to growth in the industry over the five years to 2007, and will continue through 2017.... purchase to read more
Industry Report - Industry Products Chapter
Pallets offer the opportunity for the efficient transportation of items on a large scale. Skids and pallets have partially hollow interiors that allow forklifts and other materials handling equipment to lift loads from one area to another. Many plastic skids are made from high-density polyethylene, which gives the skids their sturdiness, while wooden options are known in the industry as “white wood” pallets. Rental companies often paint their white wood pallets and skids to differentiate them from competitors. For example, CHEP paints its wooden pallets blue, while PECO uses red.
Wooden pallets and skid
Wooden pallets have a major advantage over plastic ones in that wood is cheaper... purchase to read more