Lightning Technologies Composite Pallet Powered by Athlete Investors

Pooling news briefs

Lightning has raised $55 million from 50-plus investors

BASF Lightning Technologies Pallet, file photo. According to the story, GARD has been bought out as the pooling partner.

Composite pallet company Lightning Technologies was featured recently in Crain’s Detroit Business (Oakland County company aims to build a better pallet, with help from athlete investors):

Today, Owen is the millionaire owner of a new industrial pallet manufacturer in suburban Detroit that has designs on global expansion — and has attracted financial support from some of Detroit’s most famous sports names.

What’s got the likes of Kirk Gibson and Henrik Zetterberg opening their wallets is a blend of technologies that appear to fill a logistical need. Read more.

The company was covered in May 2018 by Forbes in this article: This Guy Reinvented The Shipping Pallet, Making It Safer, Stronger And Smarter, as well as in Manufacturing Today (Lightning Technologies reinvents the shipping pallet by making it a safer and more durable logistics platform equipped with RFID technology).


Smaller pallet easier to move from truck to sales floor

Display-ready shipments are popular with retailers trying to save time and money on stocking shelves, and the packaging inside the pallets often evolves to match the way products are presented to customers.

As part of this movement, pooled wooden pallet provider CHEP offers a half pallet that is easy to maneuver from tractor-trailer to retail floor loaded with ready-to-go products. The 40- x 24-inch pallets, edged in CHEP’s signature blue paint, cut labor costs and make the supply chain more efficient, says Jason Adlam, vice president, new business development, CHEP USA. Read more.


LPR launches its Retail Portal

LPR has launched its new retail portal, derived from the LPR customer portal myLPR. The retail portal includes features which will allow simpler management of pallet collection, along with planning tools and dashboards. The system will also allow retailers to monitor collection planning, make changes to collection dates.

The system brings more autonomy to our retail partners and was created with simplicity in mind.

Discover it on https://www.youtube.com/watch?v=–3MRc8n1Bo&feature=youtu.be

About LPR

LPR-La Palette Rouge, a division of Euro Pool Group, is a pallet-pooling company for manufacturers and distributors in the fast-moving consumer goods sector. LPR provides a full pallet service solution to its customers in the manufacturing, distribution and logistics sectors and their retail partners. By using and sharing pallets as circular logistic carriers, we help our customers to reduce their environmental impact and make their supply chain more efficient. Every day, customers benefit from the advantages of our reusable pallets. In close collaboration with our stakeholders we contribute to the transition towards a circular economy by sharing the benefits of our reusable packaging solutions across the supply chain. http://www.lpr.eu


AirAsia X and Unilode extend ULD management partnership until 2023

Unilode

AirAsia X, the long-haul affiliate of AirAsia, and Unilode Aviation Solutions, the leading global provider of outsourced Unit Load Device (ULD) management and repair solutions, have extended their ULD management agreement until 2023, for the second time in their ten-year partnership.

Mr. Pete Chareonwongsak, RedCargo Logistics CEO, said: “AirAsia X has been Unilode’s loyal customer since 2009 and throughout their partnership has relied on Unilode’s support, expertise and flexibility to supply containers and pallets that meet its exponential passenger and cargo growth and the network demands placed on its widebody fleet. Unilode’s commitment to invest in a mutually beneficial partnership has convinced AirAsia X that the renewed ULD management agreement will further drive efficiencies, load capacity and the digitalization of its cargo business powered by RedCargo. AirAsia wholly-owned subsidiary, Red Cargo Logistics, relies on partnerships like the one being announced today, as it aims to maximize revenue-generating belly space across all AirAsia and AirAsia X services.”

Mr. Benoît Dumont, Unilode CEO, said: “AirAsia X is one of the fastest growing long-haul, low-cost airlines in the world with more than 100 widebody aircraft on order, an increasing cargo business and a pipeline of new destinations to be added to its network. Unilode continuously enhances its ULD management service by taking its customers’ input, expectations, and business objectives into account and is committed to supporting AirAsia X’s ambitious growth plans with customer-focused and innovative ULD solutions. We are pleased to renew our agreement with AirAsia X for the second time during our partnership, which proves the long-term value that Unilode delivers to its airline customers.”