Register

North America

More North American forest industry mergers and acquisition expected in 2021

Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]

Shaky export log markets to China, price corrections expected

In a period when price corrections are expected, export log markets to China appear with a degree of trepidation. Chinese [...]

Demand for softwood lumber remains high in North America

The dual Canada/U.S. long weekend in mid-February did nothing to slow demand for lumber, with prices rising [...]

China to reduce tariffs on certain wood products

China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]

US lumber prices expected to rise another 35% after record highs

Lumber prices topped $1,000 last week, a record high and a promising sign of a rebound in demand for [...]

Ocean freight rates at record levels

Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium [...]

UFPI’s subsidiary acquires Spartanburg Forest Products

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]

US Department of Commerce set to reinstate higher Canadian softwood lumber duties

The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it [...]

New opportunities for Latvian timber exports to the US

At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]