The Holiday Rush Is Coming (psst Is Your Pallet Inventory Ready?)

Will the holiday 2024 season be a boom or a bust?  We don’t have a crystal ball but this is what we do know and what we’ve seen over the years….

As we move into the fourth quarter, many industries—particularly retail, e-commerce, and logistics—experience a significant uptick in activity. This is driven by events like Black Friday, Cyber Monday, and overall holiday shopping and as you would expect, this leads to higher demand for shipping, storage, and in-store merchandising. But here’s something you might not have considered (or maybe you have since you’re reading this post!): this increased demand directly affects the need for quality, affordable pallets to keep operations running smoothly.

Check out these stats: 

• 14% Growth in E-Commerce: Global e-commerce is expected to grow by 14% in Q4 2024, leading to a surge in shipping and fulfillment. Pallets are essential to organizing and efficiently shipping these orders​

• 90% of Shipments Delivered in 3 Days = High Expectations for Businesses and Consumers: With 90% of UPS Ground shipments delivered within three days, the pressure on shipping logistics is huge. Having enough pallets to support swift operations is key to staying competitive​

• Up to 30% of Annual Sales in Q4 = Warehouse Stress and Strain: For many retailers, up to 30% of annual sales happen in Q4, requiring expanded storage and fast turnover of goods. Pallets keep this inventory moving efficiently through warehouses

As we’re just really getting into the Q4 press, this is an ideal time to assess your pallet inventory, especially for vendors and companies in retail, e-commerce, or logistics.   And whether you need pallets for shipping, storing, or organizing merchandise, ensuring you have a reliable pallet supplier can help avoid disruptions during peak season.

Is your business prepared to meet the upcoming challenge? 

Sources:  Shippo: https://goshippo.com/blog/shippos-biggest-shipping-trends-predictions-for-2024

Worldwide Express: https://www.wwex.com/shipping-resources/general-resources/state-of-the-shipping-industry-2024