8,700 members of the BMWED of the Teamsters Rail Conference voted to approve a new contract with the National Carriers’ Conference Committee (NCCC), FreightWaves reported.
Wood Markets News
Setra Reduces Production in Långshyttan, Sweden
Setra Group will transition its Långshyttan, Sweden, CLT and wood component facility from continuous production to periodic production.
Latvian Forest Company Exploring Sale of Forest Assets in Latvia and Lithuania
Latvian Forest Company AB will explore the market regarding a sale of the company’s forest assets in Latvia and Lithuania.
New US Residential Single-Family Home Sales Rise 1.8% in February
New residential single-family home sales for February were at a seasonally adjusted annual rate of 676,000, 1.8% above the revised January rate.
Canada to Support 28 Forest Sector Projects in Quebec
Canada and Quebec announced over CA$13.3 million for 28 projects that will help to boost the competitiveness and resiliency of Quebec’s forest sector.
FHFA House Price Index Posts 4.8% Annual Increase in January
The FHFA House Price Index rose 0.2% in January. Year-over-year, prices increased 4.8%.
S&P CoreLogic Case-Shiller Index Reports 4.1% Annual Gain in US Home Prices in January
The S&P CoreLogic Case-Shiller US National Home Price NSA Index posted an annual gain of 4.1% in January, a slight increase from December.
Canada and Quebec Announce Investments in Sustainable Wood Construction
Canada and Quebec announced a joint contribution of over CA$8.5 million for four projects that will promote green construction in Quebec.
US Consumer Confidence Index Declines for Fourth Consecutive Month in March
The Conference Board Consumer Confidence Index declined 7.2 points to a reading of 92.9 (1985=100).
Peab and Södra Announce Cooperation Agreement for Sustainable Framing Solutions
Södra and Peab AB announced an exclusive cooperation agreement that will jointly drive climate transition in the construction industry.