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Pallet Forecast

BLS data through September 2026

Pallets are lumber, labor and a truck. These are the public BLS price series we chart every month and feed into the forecast. For what each cost does to a quote, read what drives pallet prices.

Lumber and pallets

Indexed to 100 in January 2019 so all three fit on one scale. In our analysis of BLS data since 2007, lumber moves tend to show up in pallet prices within one to three months. Look at 2021: softwood lumber spiked first and fell back by that fall, while pallet prices kept climbing until mid-2022.

Pallet PPI

+7.7%

+2.9% in 3 months

12-month change to Sep 2026

Hardwood lumber

+1.3%

−1.3% in 3 months

12-month change to Sep 2026

Softwood lumber

+14.2%

+2.1% in 3 months

12-month change to Sep 2026

Pallets vs. lumber, indexed (Jan 2019 = 100)

BLS producer price indexes WPU084101, WPU0812, WPU0811

  • Pallets
  • Hardwood lumber
  • Softwood lumber
5010015020025030020192020202120222023202420252026130Pallets126Hardwood lumber138Softwood lumber
Source: U.S. Bureau of Labor Statistics, Producer Price Index
Show data table
MonthPalletsHardwood lumberSoftwood lumber
2026-09130126138
2026-08128127141
2026-07128128144
2026-06126128135
2026-05124128136
2026-04124128135
2026-03122127128
2026-02121127129
2026-01121126124
2025-12121126120
2025-11121125120
2025-10121125120
2025-09120125121

Freight

Delivered pallet prices carry the truck. Diesel and long-haul truckload rates do not change the pallet, but they change your quote.

Diesel

+115.2%

+42.1% in 3 months

12-month change to Sep 2026

Truckload freight

+17.9%

+10.8% in 3 months

12-month change to Sep 2026

No. 2 diesel fuel

BLS WPU057303, monthly

020040060080020192020202120222023202420252026676
Source: U.S. Bureau of Labor Statistics, Producer Price Index
Show data table
MonthDiesel
2026-09676
2026-08544
2026-07464
2026-06476
2026-05581
2026-04494
2026-03437
2026-02316
2026-01267
2025-12273
2025-11332
2025-10299
2025-09314

Long-distance truckload freight

BLS PCU484121484121, monthly

12014016018020022024020192020202120222023202420252026219
Source: U.S. Bureau of Labor Statistics, Producer Price Index
Show data table
MonthTruckload freight
2026-09219
2026-08210
2026-07203
2026-06198
2026-05203
2026-04201
2026-03191
2026-02183
2026-01181
2025-12181
2025-11189
2025-10185
2025-09186

Pallet makers

The industry index covers everything wood container and pallet plants sell, not just pallets. It confirms the trend from a second angle.

Wood container and pallet manufacturing (industry)

BLS PCU321920321920, monthly

1001502002502014201620182020202220242026197
Source: U.S. Bureau of Labor Statistics, Producer Price Index
Show data table
MonthPallet makers
2026-09197
2026-08194
2026-07194
2026-06191
2026-05189
2026-04189
2026-03184
2026-02183
2026-01183
2025-12181
2025-11181
2025-10182
2025-09181