FreightWaves - 6 months in and on track to process 1M pallets - June 2023

PalletTrader, a groundbreaking online marketplace for pallet trading, is revolutionizing the logistics industry by connecting pallet buyers and sellers to remove inefficiencies. Since its launch in October 2022, the platform has experienced significant success, exceeding goals and receiving positive feedback from users. The company's president, John Vaccaro, has observed interest from companies in other countries, indicating a global demand for a solution like PalletTrader.

Despite the softening economy and slowdown in retail and industrial freight, PalletTrader remains resilient. Its marketplace model is designed to thrive in both up and down economies, providing flexibility for sellers to adjust pricing and buyers to access fairly priced pallets. PalletTrader has processed over 800,000 pallets to date, well on its way to reaching the goal of 1 million.

Looking ahead, PalletTrader plans to introduce a new feature called PalletTrader Plus, catering to users who require outsourcing options due to limited resources or manpower. Additionally, the company aims to launch an open API source for easier integration, particularly for larger companies. PalletTrader is committed to continuous innovation and achieving further milestones in the future.

See the full video interview here