Wood Markets News


Oregon Environmental Groups and Timber Industry Reach Agreement on Overhauling Management of Private Forestlands

Oregon’s Gov. Kate Brown’s office announced on Saturday (10-30-21) that, after a year of negotiations, an agreement has been reached to overhaul the management of 10 million acres of private forestland in Oregon. The new plan will boost protection for vulnerable fish and wildlife while at the same time shielding the timber industry’s ability to log.

Canadian Pacific Railway and Kansas City Southern Railroad Jointly File Railroad Control Application with Surface Transportation Board

On Friday afternoon (10-29-21), the Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) announced they have jointly filed a railroad control application with the Surface Transportation Board (“STB”) regarding the proposed transaction to create Canadian Pacific Kansas City (“CPKC”), the only single-line railroad linking the United States, Mexico, and Canada.

Hemp: Next New Option in Building Components

Blain Brownell, FAIA, is an architect and materials researcher. He is also the Director of the School of Architecture at the University of North Carolina at Charlotte. According to an article published in Architect Magazine, Brownell’s research has helped him identify another building product, which he believes has the potential of revolutionizing and replacing concrete, steel, and even wood in some, not all, structural building components. The fourth building option is Hemp.

Canada’s GDP Increased 0.4% in August

Statistics Canada (StatsCan) reported today (10-29-21) that Canada’s real gross domestic product (GDP) rose 0.4% in August. This was result of the continued easing of public health restrictions and further reopening across the country, as well as increased demand across many close contact service industries.