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Illegal Timber Harvesting
Illegal Timber Harvesting Fast on the heels of the US Lacey Act and Europe’s EUTR legislation prohibiting the import of illegally harvested timber, this week Australia officially approved it’s own similar law. Australia’s parliament on Monday passed legislation to ban the import and trade of illegally logged timber, joining the United States and European Union…
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Madison’s Timber Preview
This week’s issue of Madison’s Timber Preview examines the latest data on US mortgage rules, mortgage insurance, federal penalties to banks, and financial results of lender companies. Contact us any time for this worthwhile and timely information!
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CN Rail Labour Contract Talks Stall
Canada’s government is closely monitoring a dispute between the railway workers’ union and Canadian National Railway, and is urging both parties to continue talking, a spokesperson for Labour Minister Kellie Leitch said on Tuesday. The Teamsters said Monday that talks had broken down, raising the possibility of a strike or a lockout at the country’s…
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UK Timber Shortage
The “Grown in Britain” campaign this week launched a report detailing proposals to boost Britain’s domestic forest industry. The construction industry was hoping that the report would contain suggestions for increasing the amount of British-grown timber available for new buildings, said The Economist Thursday. But the report merely suggests that there is a need for…
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US Builder Confidence : October 2013
The National Association of Home Builders/Wells Fargo housing-market index fell to 55 in October, from 57 in September, the NAHB reported Wednesday. A prior September estimate pegged the level at 58, which matched the highest reading since 2005. Results above 50 signal that builders, generally, are optimistic about sales trends. “Interest rates remain near historic…
