New and Recycled Pallets: GMA Grades, Current Considerations, and Determining Factors

For over a year now, COVID-19 has wreaked havoc on our economy and destabilized the structures that keep our nation afloat. The supply chain sphere has been no exception; indeed, it is perhaps the most heavily impacted industry yet. The demand for pallets reached an all-time high in 2020 as stay-at-home orders encouraged e-commerce and skyrocketed shipments of products like groceries, medical supplies, and cleaning products. Meanwhile, key interrelated industries dealt with blows of their own. What resulted was a perfect storm that made pallets scarce and their prices steep, where they continue to be to this day.