THE IMPORTANCE OF AN EFFICIENT MATERIALS HANDLING INDUSTRYPosted: April 11, 2012
China’s logistics costs accounted for just under 18% of GDP versus 11% in Japan, 8% in the United States and 7% in the EU. Work is underway to reduce the ratio.
In 2010 total logistics costs in China dropped to 17.8% from 18.2% in 2007, equivalent to new social and economic benefits of 1,600,000,000 yuan.
Has this some relevance to the use of pallets?
The European Pallet Association (EPAL) has at least 600 million pallets in its’ standards pool. Then there are additional proprietry pooling operators.
In the USA CHEP alone has up to 100 million pallets in its operations, while nationally the pallet population is about 2,000,000,000 with 800,000,000 made new and recycled every year.
But in China, in 2008 the total number of pallets was 220 million with annual re- supply at 25 million.
With imported wood supply at a premium and domestic supply limited, Chinese industry has the opportunity to take the advantage of using a distinguished (patented), unique, economical, durable, compatible lightweight steel pallet over the next decades.