Category: Weekly Softwood Lumber Blog

  • Goodfellow Reports

    Delson, QC’s, Goodfellow announced Tuesday its financial results for 2Q ended February 28, 2014. The Company reported a net loss of $0.3 million, or $0.04 per share, compared to a net loss of $0.9 million, or $0.11 per share, a year ago. Consolidated sales for 2Q were $95.4 million, the same as the previous year.…

  • Transportation Crisis, Canada

    Leaders of the union representing 3,000 conductors, yard workers, and traffic coordinators at the railway will meet on Friday to decide whether to strike or take other action after union members narrowly rejected a second tentative contract deal with Canada’s biggest railway. The Teamsters Canada Rail Conference said in a statement that it still has…

  • US Housing Starts, Home Sales, Inventories

    US housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for the housing market as it struggles to emerge from a soft patch. The Commerce Department said on Tuesday groundbreaking slipped 0.2 per cent to a seasonally adjusted annual rate of 907,000 units. That followed…

  • ATA Trucking Index

    The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8 per cent in February, after plunging 4.5 per cent the previous month. January’s drop was slightly more than the 4.3 per cent reported on February 19. In February, the index equaled 127.6 (2000=100) versus 124.1 in January. The all-time high was in…

  • FSC Adds

    The Forest Stewardship Council has added the concept of free, prior, and informed consent to its forest management standards around the world. “FSC has embraced the UN Declaration (on Rights of Indigenous Peoples) and that concept of free, prior and informed consent,” said Peggy Smith, Lakehead University associate professor and member of Forest Stewardship Council…