Boise Cascade and James Hardie Partner Up
The two companies will work together in the latest in an ongoing series of concentrations in the building trade.
FedEx Now Says Refunds Should Begin Next Month
If you used the shipping service over the past year, refunds could begin in August. Although the federal program to refund duty charges that were ruled illegal by the Supreme Court has been slow to ramp up, FedEx says it will begin to return as much as $800 million to its customers. According to a […]
Lumber and Building Supplies Hit By Another Wave of Pricing Pressure
First it was inflation, then supply chain issues and then tariffs. Now the war in Iran is the latest external factor to hit material costs.
UPS, FedEx and DHL Say They Will Reimburse Customers for Illegal Tariffs
As the federal government begins to issue refunds to companies impacted by the now-overturned tariffs, the big shipping companies are expected to reimburse their customers.
It’s Taking Longer to Build a Single-Family Home
New numbers from the Census Bureau indicate that the average single-family home takes half a month longer to build than it used to. If it sometimes seems like everything takes a little longer to finish these days, you might be right when it comes to building a single-family home. A new National Association of Home […]
Baltimore Bridge Collapse Could Impact Plywood and Veneer Shipments
While many consumer and industrial products are being affected by the tragedy, key wood products could be impacted the most. The late-March collapse of the Francis Scott Key Bridge in Baltimore harbor after it was struck by a giant container ship is only the latest in a series of supply chain issues including Panama Canal […]
Don’t Mess with the Fed
New research from an industry consulting group says the Federal Reserve is going to do what it does. Anyone in the building supply business who is hoping for some imminent relief in interest rates that might rekindle housing construction should probably hope for something more realistic – like winning the lottery or meeting Santa Claus. […]
The Lumber-Futures Contract Has Been Replaced…with a New Lumber-Futures Contract
It had been the standard for the lumber business for years and now it’s gone. A new lumber-futures contract has been created, designed to help reduce price volatility…a good thing. During much of the pandemic years when supply chain issues coupled with big demand drove lumber prices sky-high – only to fall again as supply […]