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Lumber News Archives: Aug 2010
US Real Estate ; BC Wildfires Progress ; US Housing Starts Up; Housing Starts Canada ; USW & CONIFER Bargain Tentative Deal ; Wood Imports, China ; A Look at Paper ; Madison’s Timber Preview ; US Real Estate ; More Wildfires ; Japan Housing Starts ; Global Trade in Softwood Logs ; The Question…
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Canadian National Won’t Move Lumber Until Backlog Clears
Note – the embargo refers to shipments to the west coast http://online.wsj.com/news/articles/SB10001424052702303546204579435050770568642?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303546204579435050770568642.html Canadian National Won’t Move Lumber Until Backlog Clears Railway’s Notice Comes as Port Strike Worsens Delays Caused by Railcar Shortage Canadian National Railway Co. told British Columbia wood and pulp producers it will stop moving products to Pacific Coast loading facilities until a…
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Oregon Log vs Lumber Exports
The Port of Newport on the Oregon coast has finished a major, award-winning renovation of the site, and is negotiating with several timber companies that want to use the terminal to export logs to Asia just as Hampton Affiliates have been investing in the expertise to cultivate a customer base in China and produce lumber…
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Federal Railway Order
The federal government says it will introduce an order-in-council forcing railways to move a minimum amount of grain each week, according to CBC Friday morning. Transport Minister Lisa Raitt says that minimum will be set at 500,000 tonnes, which works out to 5,500 grain cars each for Canadian National and Canadian Pacific. She says there…
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US New Home Sales
New home sales in January, as estimated by the US Census Bureau and HUD Thursday, were up 9.6 per cent over the December pace, coming in at 468,000 seasonally adjusted annualized rate. This pace is 2.2 per cent higher than the January 2013 measure. The month-supply measure of inventory fell to 4.7, with the count…
