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Odd Lots

What Wooden Pallets Have to Do With Russia's Invasion of Ukraine

Odd Lots

Bloomberg

Business News, News, News Commentary, Business, Investing

4.52K Ratings

🗓️ 5 April 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Most people don't think much about wooden pallets -- and that might be true even of people conducting large-scale military invasions. Recent reports claim that Russia's invasion of Ukraine has been hampered by a lack of pallets, making it more difficult to move the vast amounts of supplies needed to support soldiers and tanks. Meanwhile, the disruption of Ukraine's lumber industry could make a global shortage of wooden pallets even worse. On this episode of the Odd Lots podcast, we catch up with Marshall White, Professor Emeritus at Virginia Tech, to talk about the role of the humble wooden pallet in warfare.

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Transcript

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0:46.1

Hello and welcome to another episode of The Adlots Podcast. I'm Tracy Alloway.

0:58.7

And I'm Joe, wasn't all. Joe, I feel like if we've learned one thing over the past year or two,

1:04.6

it's that supply chains rule everything around us. Yes, that's exactly right. Everything,

1:12.4

I mean, you can't talk, this is something I've been thinking about a lot actually, which is that

1:16.5

you really can't talk about a good, any sort of good, whether it's a washing machine or a

1:24.0

piece of lumber for a house or something like that without talking about the system that brings it.

1:30.0

And so to some extent, even to talk about like goods and services as distinct categories of

1:35.9

economic spending or whatever is kind of a fallacy because in the end, there is nothing without

1:41.9

the services that brought the goods to you or brought the goods to the factory or brought the

1:46.4

sort of like the parts to the factory. It's all intertwined. I agree with that. So one of the things

1:51.5

that we're realizing right now is that supply chains also play a very, very big role in military

1:58.6

conflicts. And you know, to some extent, I guess that would be expected because in a military

2:03.2

conflict, essentially, you're moving lots of goods and people from one area into another area.

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