Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Michael J. Morris Joins PECO Pallet, Inc. as Chief Financial Officer

Industry veteran brings 24 years of financial leadership experience

Michael J. Morris Joins PECO Pallet, Inc. as Chief Financial Officer

IRVINGTON, NY – March 18, 2021 – PECO Pallet, Inc., one of North America’s largest providers of pooled rental pallets to the beverage, grocery, and consumer products industries, announced today that Michael J. “Mike” Morris has joined the company as Chief Financial Officer.

Morris, 52, is a respected industry executive with 24 years of experience directing financial and treasury services for leading transportation, logistics, energy, and manufacturing companies.


“Mike Morris is a talented and proven financial management executive whose deep industry experience is an excellent fit for PECO,” said Joe Dagnese, PECO Pallet’s chief executive officer. “We expect Mike to make a seamless transition and look forward to his leadership as we continue to build on PECO’s value proposition of high-quality pallet pooling services.”

Morris joins PECO from Forward Air, Inc. where since 2016 he served as the company’s CFO and Treasurer. He was previously senior vice president-finance and treasurer for XPO Logistics, and prior to XPO’s 2015 acquisition of Con-way, from 2010 to 2015 was Con-way’s senior vice president-finance and treasurer. He also held senior financial management roles with Kulicke & Soffa Industries and Constellation Energy Group.

Morris began his career in the Treasurer’s office of General Motors Corp., where over eight years he progressed through a series of increasingly responsible positions to become director of worldwide pension funding and analysis.

Morris earned his bachelor’s degree in Economics from the University of Pennsylvania and holds an MBA from the University of Michigan.

Morris succeeds Tom Kuczmarski, who led PECO’s finance team for 15 years and is moving to a senior advisory role reporting to PECO CEO Joe Dagnese and the PECO board.

PECO currently operates a North American pallet pool network encompassing more than 80 facilities and 21 million pallets. The company builds, services, delivers, and manages distribution of its signature red, high-quality block pallets for America’s top consumer products, grocery, and other food-related enterprises to ship goods.

About PECO Pallet, Inc. – Irvington, NY-based PECO Pallet is the North American leader in pallet rental services and provides millions of its red block pallets to major grocery and consumer goods manufacturers in the U.S., Mexico, and Canada. PECO Pallet’s tremendous growth over the last decade reflects the company’s commitment to quality and service. Customers using PECO’s superior pallets experience less product damage, greater efficiency, improved safety, and significant cost savings. PECO is headquartered in Irvington, New York. For more information about PECO Pallet, please visit www.pecopallet.com.

https://www.pecopallet.com

The Latest

More Stories

Loren Swakow of Noblelift

Loren Swakow announces retirement as managing director of NOBLELIFT North America

Des Plaines, Illinois – Loren Swakow, Managing Director of NOBLELIFT North America, has announced his retirement effective January 31st, 2025, leaving behind a legacy of unprecedented growth, innovation, and strong relationships built over nearly a decade at the helm of the company.

Swakow joined NOBLELIFT in October 2016, tasked with the challenge of bringing an unknown brand into the highly competitive American market. At the time, NOBLELIFT had no dealer network and minimal brand recognition. Over the course of eight years, Swakow's strategic leadership and expertise have led to remarkable success, driving average annual growth of 43%. Today, NOBLELIFT is supported by a professional dealer network spanning the entire country, with sales growth consistently outpacing the industry, a true testament to Swakow’s vision and determination.

Keep ReadingShow less

Featured

a family shops in a grocery store using a smart trolley
Photo courtesy of Instacart

Australian supermarket chain rolls out AI-powered grocery carts

Grocery shoppers in Australia will soon be able to zip in and out of the store in record time, bypassing the lines for cashiers or self-checkout kiosks altogether. They can just walk in, make their selections, and walk out with their bags in hand.

The secret to this express shopping experience is the “Caper Cart,” an AI (artificial intelligence)-powered smart trolley from San Francisco-based Instacart. In its first deployment in the Asia Pacific (APAC) region, the system is being tested by Coles Supermarkets, a food and beverage retailer with more than 1,800 grocery and liquor stores throughout the country.

Keep ReadingShow less
a women in an office watching a delivery of boxes

How green is your glue?

If you’re looking to make the packaging process more eco-friendly, the obvious place to start is with the box itself. And that’s exactly what Salt Lake City-based Packsize did when it made its initial foray into sustainable packaging back in 2002. That year, the company launched its first product, an innovative on-demand packaging system designed to reduce cardboard waste (and the need for filler material) by creating a right-sized box for each shipment.

Now the company is ready for the next step: greening up the glue.

Keep ReadingShow less

​OPEX® Sure Sort® X with Xtract™ Warehouse Automation System Is Named a Finalist in the New Equipment Digest NED Innovation Awards

MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.

OPEX Sure Sort® X with Xtract™, a high-speed automated sortation and order retrieval system, was recognized in the NED Innovation Awards Automation category.

Keep ReadingShow less

Hy-Tek Intralogistics releases Top Trends for 2025

Columbus, OH – December 18, 2024 – Hy-Tek Intralogistics, a premier provider of software, systems and services for supply chain automation technology, has released an episode of its popular podcast Automation Insider that looks at warehousing trends for 2025.

Automation Insider is a podcast created for people interested in what is new and what is successful in logistics and automation technology across a wide range of industries.

Keep ReadingShow less