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4 PalletCentral • November-December 2023 palletcentral.com PALLETCENTRAL Stay Connected PalletCentral® is a bi-monthly publication of the National Wooden Pallet & Container Association™ ©2023 National Wooden Pallet & Container Association. All rights reserved. NWPCA 1421 Prince Street, Suite 340 Alexandria, VA 22314 703-519-6104 info@palletcentral.com Subscriptions to PalletCentral are complimentary, however you need to subscribe: PalletCentral.com>>Subscribe Changes and Renewals: Current subscribers may sign-in at PalletCentral.com>>Edit Bio (look for "Additional Information" to manage your subscription and edit your mailing address. The NWPCA does not sell our mailing list; data collected from PalletCentral subscribers is solely used for tracking our readership. COLUMNS 6 From the President DEPARTMENTS 8 Inside NWPCA 12 Policy at Play 45 NWPCA Advertisers IN THIS ISSUE November-December 2023 Volume 23 No. 6 BUSINESS 14 | Successful Succession Planning for leadership transitions takes time and, often, outside expertise. By Caryn Smith LUMBER OUTLOOK 28 | Hardwood & Softwood: Vying for Attention The future of the lumber industry in general is influenced by various factors, including economic, environmental, technological, and societal changes. Here is our outlook for wood in 2024. By Mark Barford TECHNOLOGY 32 | Plastic Pail Analysis on Wooden Pallets The NWPCA PDS development team has been studying optimized unit loads data. This study reveals data on plastic pail performance for both wooden pallets and packaging. By Kristen DeLack, PE BUSINESS 34 | Protecting Yourself Against Cyber Threats Cyber crime takes many forms, so it's important to understand current trends and how to protect yourself, your employees, and your business. By Carrie Kerskie SAFETY 38 | Safety Succession Success Requires Planning Succession planning in safety ensures the continuity in training and a smooth transition in processes and procedures. By Adele L. Abrams, Esq., ASP, CMSP NATURE'S PACKAGING 42 | Urban Forestry and the Urban Sawmill Compact, effi cient, and benefi cial to communities, urban sawmills are proving to be valuable players in the forest products industry. By Glenn Meeks 14 36