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CN Rail Job Action: Midnight Monday?
About 3,200 Canadian National Railway conductors, trainpersons, and yard workers could go on strike just after midnight tonight if a deal isn’t reached with the company, said Canadian Press Monday morning. The Teamsters Canadian Rail Conference, the union representing the employees, gave the required 72-hour notice on the weekend. The union says it hopes to reach…
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BC Government Invests $27 million to Increase Use of Forest Residuals
It is widely acknowledged that in British Columbia the utilization of forest residue (wood fibre leftover after timber harvesting) is very low compared to most other jurisdictions. In the past, the cost of moving this cumbersome, oddly-sized material compared to the easy availability of further timber stands, has been the reason for so much of…
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Benchmark Softwood Lumber Prices Flat, Some Specialty Items Soar
A couple of weeks ago it was panel (OSB and plywood) prices that saw spectacular rebounds, this week Douglas fir green 2×4 prices recovered back to one-month-ago levels. A strong undercurrent of sales activity allowed US sawmills to keep most of their prices flat from last week as many buyers couldn’t avoid coming back to…
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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: Aug 2019
After flattening out last month, the latest issue of the Western Wood Products Association’s monthly Lumber Track, for January-August 2019, shows US softwood lumber production volume continues almost flat from the same time last year, to 23,737 mmfbm. Like last month, January – August softwood lumber production in Canada continued big drops through most of…
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Global Heating Wood Pellet Demand: Current and Projection
The size of the global wood pellet market for 2019 was estimated to be valued at over US$8.5 billion, and is estimated to exhibit over 10% CAGR from 2019 to 2025, said Global Markets Insights October 2019. Over 22 million tons of wood pellets were shipped globally in 2018, up 21% from 2017. The US,…
