Fastmarkets launches first independent US pallet pricing and intelligence service

Fastmarkets, a global leader in price reporting and market intelligence, has launched its US wood pallet prices, news and analytics service. This is the first comprehensive solution providing transparent pricing and forecasts for this critical but underserved part of the logistics sector.

Wood pallets are the backbone of supply chains. They move goods across industries from food and beverage to retail, consumer goods, and manufacturing. Yet supply chain leaders have long faced challenges. These include price volatility, disconnects between lumber costs and pallet prices, unpredictable shortages, and the absence of reliable benchmarks or forecasts.

Fastmarkets’ new launch directly addresses these challenges by providing independent reference pricing, market insights, and city-level price forecasts for new pallets in six key markets. For the first time, procurement and supply chain professionals can integrate pallet data into their budgeting and planning processes. This helps them anticipate costs, avoid disruption, and build resilience into logistics networks.

Fastmarkets CEO Raju Daswani said: “Millions of pallets move through US supply chains every day, yet buyers have had no independent data to manage costs or anticipate risk. With decades of expertise in North American lumber markets, Fastmarkets is uniquely positioned to deliver the trusted intelligence supply chain leaders need to plan with confidence.”

The launch delivers market prices for new and recycled (Grade A & B) softwood pallets across six major US hubs: San Francisco, Los Angeles, Dallas-Fort Worth, Chicago, New York, and Seattle. Forward-looking analytics, including pallet price forecasts and supply/demand dynamics, are now available on the Fastmarkets platform.