---
title: "Packaging Corp. surges to record high on report of containerboard price hike"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293792420.md"
description: "Packaging Corp. of America (PKG) shares surged 8.1% to a record high following a Truist Securities report indicating plans to raise containerboard prices by $140/ton starting September 1, with potential additional increases. Analyst Michael Roxland attributed the hike to rising costs and strong demand amid tight supply. The news also boosted International Paper (IP) and Smurfit Westrock (SW), which rose 10.1% and 10.8% respectively."
datetime: "2026-07-24T19:59:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293792420.md)
  - [en](https://longbridge.com/en/news/293792420.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293792420.md)
generator: "portal-rs"
---

# Packaging Corp. surges to record high on report of containerboard price hike


### Related Stocks

- [IP.US](https://longbridge.com/en/quote/IP.US.md)
- [PKG.US](https://longbridge.com/en/quote/PKG.US.md)
- [SW.US](https://longbridge.com/en/quote/SW.US.md)

## Related News & Research

- [Automation Push and Price Strategy Could Be A Game Changer For International Paper (IP)](https://longbridge.com/en/news/296529838.md)
- [Assenagon Asset Management S.A. Lowers Stock Position in International Paper Company $IP](https://longbridge.com/en/news/295994144.md)
- [215,545 Shares in Packaging Corporation of America $PKG Acquired by Mitsubishi UFJ Asset Management Co. Ltd.](https://longbridge.com/en/news/296465306.md)
- [4 very well-known high-yielding stocks to load the boat on now (2 yield over 6%)](https://longbridge.com/en/news/296108353.md)
- [Are Wall Street Analysts Bullish on Smurfit Westrock Stock?](https://longbridge.com/en/news/295797306.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**