Up north there is an old saying that when the U.S. sneezes, Canada catches a cold. The market for reusable transport packaging and pallets isn't all that different. When new competitors or substitute goods (i.e., innovative products or systems) enter the marketplace, there is predictably a ripple effect. For example, when CHEP U.S.A. rolled out … [Read more...]
CHEP Eyes $12 Billion Reusables Pooling Opportunity in U.S.
August 26, 2010 By Leave a Comment
Even as competition from iGPS has intensified over the last few years, CHEP is looking to expand its business in the U.S., within a reusables pooling market that it assesses at over $12 billion per year. With sales of $1.1 billion, it still sees itself with plenty of room to grow. In its recent annual report (click here), Brambles indicated that … [Read more...]
