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US introduces mass timber bill to boost timber construction
Senators from Oregon and Idaho introduced the bipartisan Mass Timber Federal Buildings Act to encourage the use of mass timber in federal projects. The act enables mass timber...
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2nd Jul 2024
March sees an 9% surge in US new single-family home sales
In March, the seasonally adjusted annual rate (SAAR) for new residential single-family home sales reached 693,000, indicating an 8.8% increase from the revised February rate o...
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5th May 2024
China boosts Australian log imports amid New Zealand timber surge in ports
Australian log exports to China surged in March, exceeding 90,000 m³, a 32% increase from February, reaching the highest level since trade resumed post-bark beetle concerns. ...
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30th Apr 2024
2024 presidential election to affect US supply chains
The initial months of 2024 have seen disruptions in U.S. supply chains due to global factors, compounded by the ongoing presidential election year. With the 60th quadrennial p...
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21st Apr 2024
UK inflation eases to 3% in February, the lowest in 2.5 years
Britain’s annual inflation rate dropped more than expected in February, leading to speculation about potential interest rate cuts by the Bank of England soon. In Februar...
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24th Mar 2024
UK housing market set for surge as firms grow land banks
More deals are expected in the UK housing sector this year as homebuilders seek to expand their land holdings in anticipation of a market recovery. British homebuilders faced ...
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14th Mar 2024
Over 350 Members have now joined WoodScanner
WoodScanner is very happy to announce that we have over 350 Merchant Members signed up as part of our growing community – all looking for sellers like you! We welcome t...
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1st Mar 2024
Panama Canal crushed global timber amid Red Sea tensions
Severe drought conditions have led to the potential closure of the Panama Canal, impacting global shipping routes significantly. China, a prominent supplier of plywood, has di...
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23rd Feb 2024
Lower container volumes at Port of Liverpool
The Port of Liverpool is set to cut 125 dock workers’ positions due to a notable decline in container volumes. Peel Ports, the port’s operator, expressed regret ov...
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13th Dec 2023
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