lumber

Canada is pushing back against the latest U.S. decision to keep imposing import tariffs on Canadian lumber.

The facility at CP’s Bensenville, Illinois, rail yard, which is already in operation, will support the construction industry’s supply chain.

CFO Thom Albrecht doesn’t think the lumber shortage has been “that big of a deal” for flatbed carriers.

FreightWaves has produced a white paper, in partnership with Echo Global Logistics, reviewing the current state of various industrial freight verticals and future forecasts for each.

Zach and Anthony cover the latest in the freight economy. Special guest and Senior Economist Dustin Jalbert joins to discuss the lumber market.

Tesla to raise $2 billion for increasing cash flow; Amazon has launched in Arabic in the Middle East; oil prices to remain high through the year.

The market for lumber slowed considerably in the second half of 2018 as the Chinese economy lost momentum and trade disputes with the U.S. persisted.

We see falling demand for oil, lumber, and wheat out of Canada in the future due to a combination of market forces. Canadian Pacific Railroad appears to be especially exposed to this freight recession.

The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.

The lumber markets have not cooled off since we last covered them in March: futures prices are still breaking records because of a Canadian rail capacity crunch, and flatbed rates in the Southeast are climbing right along with them.

Lumber prices are above $500 due to a convergence of high demand and tight supply. Eventually housing starts could be affected by rising material costs.

Researchers from the National Academies of Science, following a mandate from Congress, have recommended changes to the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountabilty (CSA) program.

President Donald Trump’s decision to place softwood lumber tariffs on Canada this week might be an indication that the administration is set for a reset on the North American Free Trade Agreement (NAFTA). It is a gamble that potentially puts billions of dollars in NAFTA trade shipments at risk – much of it hauled by trucks.