Dusobox Files (CONT’D FROM PAGE 6)
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2023
aging solutions for customers throughout Florida and into neighboring states. “We have experienced one of the harshest trading en- vironments for quite some time,” said Richard Kelley. “Unfortunately, we lost one primary direct sales con- tract, as well as a large trade account, both of which amounted to many millions of dollars of revenue annually. “These lost accounts were close together — and cou- pled with the poor demand being felt across the U.S. cor- rugated packaging industry, it hurt our cashflow signifi- cantly.” “The most important thing to make clear is that filing for Chapter 11 will afford us the protection and time to reorganize our business,” John Kelley said. “Our family sincerely thanks all employees who have stuck by us during this tough time; we also thank our loy- al customer base and commit to keeping it ‘business as usual’ while we undertake changes to the structure of Dusobox. “Finally, our raw material and machinery and service suppliers, from whom we continue to get the support and assistance we need. “We are ready to take on this challenge, ensuring we protect the people and company. Dusobox has a proud history, and we are looking forward to working our way through this situation with positivity and vigor.”
Year
Actual
Percent Change Avg Week Percent Change
2023 2022
29.711 30.124
-1.4
7.819 7.927
-1.4
Industry Total
Year-to Date
December 2023
Year
Actual
Percent Change Avg Week Percent Change
2023 2022
380.555 400.520
-5.0
7.611 7.979
-4.6
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2023 2022
2.4080 2.4260
-0.7
30.9333 32.5461
-5.0
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
2.1892 2.1071
3.9
3.5 3.5
6.1
Shipping Days
Year
Month
Year-to-Date
2023 2022
19 19
250 251
SOURCE: Fibre Box Association
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February 12, 2024
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