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David Storper: "Replacing one million one-way wooden pallets would essentially reduce the use of fuel by 72,000 gallons."

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Wooden pallets have been around almost as long as global trade. Pallets - also known as ‘skids,’ date back at least to ancient Egypt and Mesopotamia, and in spite of improvements over the centuries, they really haven’t changed much. David Storper, Founder and Chief Investment Officer of 5P Investment Partners, believes this needs to change for the sake of the environment and for improved efficiency.


Storper’s firm targets ESG investments a range of sectors and distressed models, but has developed a specialty in the smart mobility, global shipping and logistics. One of its latest investments is in Paxxal, an Indiana-based packaging and shipping company, creates recyclable cargo pallets that are making supply chains around the world more efficient, hygienic, and eco-friendly. Storper says that Paxxal’s sustainable solution to a shipping industry hungry for change makes it a match made in long-term investment heaven. Storper was interviewed by Karma Contributing Editor Michael Moran.

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