Plastic pallets are generally engineered for durability. Even the ones manufactured for one-way shipping can often survive multiple trips. The staying power of plastic has increased circulation numbers and introduced an interesting opportunity.
When one company finishes with a plastic pallet, another is ready to put it to use. That means the used pallet market makes it easy for companies to either make or save money.
Here is why more companies are choosing used plastic pallets:
- A Better Pallet at a Lower Price
Instead of buying a brand new "low-end" pallet, companies can get a higher-quality pallet in used condition for better reliability and performance.
- Meets LTL Requirements
When a truckload is too many, companies can buy just a stack or two of used plastic pallets for one-time or low-volume applications.
- Supports Sustainability Efforts
The cost savings and environmental benefits of buying a multi-trip used plastic pallet fit hand-in-hand with sustainability programs.
- Resale Value
If requirements change or if a supply chain partner sends in pallets that are not compatible, stacks of unwanted plastic pallets can often be sold for cash.
- Virtually Maintenance-Free
Plastic resists mold and bacteria growth. A reliable broker will inspect used plastic pallets for damage and wash them before offering them for sale.
- Avoids ISPM-15 Regulations
Even if a plastic pallet has made a roundtrip from the US to Asia and back, it can still be exported again without the risk of costly border holdups.
- Price Stability
While fluctuations in resin availability can impact new pallet prices, the used plastic market is typically immune to increases in raw material costs.
Companies that choose used plastic pallets must have flexibility. A top reason is that there are few guarantees when it comes to availability. Sources can dry up. Some pallets that enter the used market may be a one-time only opportunity. Plus, loads of the same used pallet can differ in appearance (including variations in design or color).
Are used plastic pallets right for your company? Ask us. We also want to hear which reasons are most important to your pallet buying decision in the comments below.
Post by: Mike Cunneen, Director of Sales & Marketing