North America

Canadian lumber giants expected to continue expansion in US

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

Unstable 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 [...]

Current trends in global sawn softwood market

On February 18, the Wood from Finland Conference 2021 took place organized by Sahateollisuus, the Finnish Member of the European [...]

High demand for softwood lumber in N. America, prices rising accordingly

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

US lumber prices expected to rise another 35% this year

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

Global container freight rates at record levels

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

UFPI 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 DoC 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 [...]

Louisiana-Pacific to convert Houlton OSB mill

Louisiana Pacific Corp., (LP) has announced it is making an investment of approximately $150 million into its Houlton mill to [...]