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The Forgotten Shipping Pallet Stages a Pandemic-Era Rally Bloomberg 5 hrs ago (Bloomberg) -- 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 higher. At the same time, two keys to production -- cheap lumber and labor -- are scarce, and even nail costs are rising. The result: Pallet prices...

Jacob Hodes There are approximately two billion wooden shipping pallets in the United States. 1 They are in the holds of tractor-trailers, transporting Honey Nut Cheerios and oysters and penicillin and just about any other product you can think of: sweaters, copper wire, lab mice, and so on. They are piled up behind supermarkets, out back, near the loading dock. They are at construction sites, on sidewalks, in the trash, in your neighbor’s basement. They are stacked in warehouses and coursing their way through the bowels of factories. The magic of these pallets is the magic of abstracti...