Weston Forest, one of North America’s leading full service distributors and remanufactures of softwood and hardwood lumber and specialty products, located in Mississauga Ontario, has announced an agreement to purchase Bolton, Ontario-based Monterra Lumber Mills Ltd.
News in lumber
Austrian binderholz Group Purchases Assets of Klausner Lumber One LLC, in Live Oak Florida
In a virtual auction held on Friday, August 21st, 2020, The Austrian binderholz Group, was able to purchase and secure all of the assets of Klausner Lumber One LLC., based in Live Oak, Suwannee County, Florida.
FEA Does Not Expect The August 24 World Trade Organization Ruling on US Softwood Lumber Imports From Canada To Have Much Effect On Current Duty Rates
On August 24, 2020 the World Trade Organization (WTO) ruled that the US Department of Commerce (USDOC) failed to show […]
World Trade Organization Essentially Backs Canada in Lumber Complaint Against U.S. Tariffs.
The World Trade Organization (WTO) released its latest report finding in favor of the Canadian softwood lumber industry.
Spruce Beetle Outbreak in B.C.’s Prince George District is Hitting Local Forests Hard
In the Prince George District of B.C., the spruce beetle continues to wreak its havoc on the local forests.
Yukon Lumber Yards and Builders Deal with Material Shortages and Sky-High Prices
The Yukon, a territory in northwest Canada, is wild, mountainous and has a very tiny population.
Southern British Columbia Wildfire Leads to Evacuation Notices
The Canadian Broadcasting Company (CBC) is reporting that hundreds of residents in British Columbia’s southern Okanagan region have forced to evacuate their home on short notices following a wildfire outbreak on Tuesday (8/18) afternoon southeast of Penticton B.C.
British Columbia Forestry Industry Back to Full Throttle Thanks to Record Breaking Lumber Prices
It is been a rough number of years for the British Columbia forestry sector.
Demand for Trucks and Cost per Mile Increases for Third Month in a Row
According to the DAT Network, nationally demand for trucks, flatbeds, vans and refrigerated units was up for the third straight month in a row, up almost 25% in certain shipping lanes and more than double the number for July 2019.
Canadian Lumber Production Declines Year-Over-Year in May
Statistics Canada is reporting that Canada’s lumber production increased 24.7% from April to May 2020. An increase of 4 360.4 thousand cubic meters. Year- over-year (May 2019 to May 2020) production was -18.7% lower.