OCTOBER 2022
With PalletTrader, “now you can go to a single market online, see supply and pricing in one place, anywhere in the U.S. If it’s where you need it at a good price, you take it. Simple, clean and efficient – and everyone in the supply chain benefits.”
While the majority of PalletTrader’s market is expected to be what are called “white wood” pallets, the platform can accommodate all other types of pallets as well, including those made of plastic, composites or other materials.
Vaccaro explained that the platform is applicable for small “Mom and Pop” pallet businesses, street vendors to larger companies and brokers, all the way up to the largest consumer products companies that use tens of thousands of pallets a year. A small operator might have a handful of pallet yards in a state or region. A major CPG company could be managing as many as 50 manufacturing or production sites that go through thousands of pallets.
In addition to its open, public-facing transaction ability, PalletTrader allows users to set up their own private networks in a secure, permission-based environment, creating defined communities of specific customers. “It’s like using Venmo, where you transact with many others, you have your own account and you can make your transaction public or private,” Vaccaro explained. “The private network option is an important feature as many pallet businesses want to protect the identity of their customers, but still want to enjoy the ease and cost savings of a collaborative online platform,” he added.
For the first six months, businesses who sign up on PalletTrader will get the service for free with no monthly subscription. The only cost to use PalletTrader is a small transaction fee recovered from the seller and the buyer.
PalletTrader is launching with a core group of sponsors, who comprise the “Founders Circle” of initial members. Among these are major pallet management firms, pallet manufacturers, recyclers and distributors including Paltech Enterprises, John Rock Inc., and San Fernando Valley Pallet Services (See photo at left.)
PalletTrader is live and open for business. Interested parties can sign up and begin using the platform at www.pallettrader.com, or for more information call (877) 777-7495 or email [email protected].