Board Converting News, April 17, 2023

Volk Packaging Corp. Drops ‘Let Us Paxit’ Podcast Episode

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2022

Sanford, Maine based Volk Paxit, a spin-off of the Volk Packaging Corporation, announced the latest episode on their “Let Us Paxit” podcast featuring owner, Derek Volk. Volk, who started Volk Paxit in 2021 with his wife, Amy, shares an introduction to the contract packaging company whose mission was to help make customers’ lives easier during the Covid-19 pandemic. At that time, VPC was con- tracted to repackage a critical medical supply. Seeing a need in the marketplace, the new company began part- nering on other repackaging, prepackaging, kitting and fulfillment services to help businesses struggling with la- bor and logistics challenges. A year later, Volk Paxit relocated from Biddeford to a large warehouse in Sanford, which provides ample, new- ly renovated space for securing, processing, and ship- ping valuable customer inventory. The company says it has invested in technologies to seamlessly integrate with e-commerce platforms and has a staff of around 20 full- time workers. As of March 2022, the Volk Paxit team has repackaged and shipped over 75 million medical components and is actively engaged in helping many other companies avoid labor and logistics crises. The presentation is just short of 10 minutes and is available on Spotify and Apple.

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

30.124 34.180

-11.9

7.927 8.545

-7.2

Industry Total

Year-to Date

December 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

400.520 416.189

-3.8

7.979 8.291

-3.8

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

2.4260 2.7360

-11.3

32.5461 33.8321

-3.8

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Dec. Nov.

2.2603 2.2586

0.1

3.5 3.6

-2.8

Shipping Days

Year

Month

Year-to-Date

2022 2021

19 20

251 251

SOURCE: Fibre Box Association

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April 17, 2023

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