CSX employees represented by The International Association of Machinists & Aerospace Workers have voted to ratify a five-year collective bargaining agreement.
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Canadian Sawmill Production Declines 16.6% in December
Lumber production declined 16.6% month-over-month to 3,332.9 cubic meters in December.
US Dept. of Commerce Releases Preliminary Antidumping Determination in Sixth Administrative Review of Canadian Softwood Lumber Products
The preliminary determinations do not have any impact on current duties or cash deposit rates.
President Trump Confirms 25% Tariffs on Canadian and Mexican Imports Start March 4
Trump said on Monday that 25% tariffs on imports from Mexico and Canada would start Tuesday, March 4, the AP reported.
Crews Battle Fire at West Fraser’s Riegelwood, NC, Sawmill
Crews responded to stubborn fire at West Fraser’s Riegelwood, North Carolina, sawmill on Saturday, Columbia Country News reported.
US Construction Spending Slips 0.2% in January
Total construction spending during January was at a seasonally adjusted annual rate of $2,192.5 billion, 0.2% below December.
BC Announces Plans to Accelerate Fiber Recovery and Reduce Wildfire Risk
BC said workers and communities are beginning to benefit from Forest Enhancement Society of BC projects that reduce wildfire risk and increase fiber supply.
Brazilian Exports of Wood-Based Products Decline in January
Brazilian exports of wood-based products (except pulp and paper) decreased 10% in value year-over-year in January, the ITTO reported.
US Commerce Secretary Says Tariffs on Canada and Mexico Will Begin March 4, But Rate May Change
Lutnick confirmed that tariffs on Canada and Mexico will start March 4, but said Trump will determine whether to stick with the planned 25% level, Reuters reported.
President Trump Orders Investigation Into Lumber and Timber Imports Ahead of Tariffs
Trump ordered the Commerce Department to launch an investigation into the national security harm posed by lumber imports, Bloomberg reported.