A pallet exchanger and load splitter apparatus and method are provided. The apparatus has a pallet-receiving assembly with a pallet-receiving zone configured to receive, at least in part, a pallet supporting a pallet load; a clamp assembly connected to the pallet-receiving assembly having a clamping zone configured to secure a first side, a second side, and a rear of the pallet load once the clamp assembly is activated by a pneumatic circuit so that the pallet load is supported by the clamp assembly; and the pneumatic circuit is for controlling a clamping pressure of the clamp assembly.